Press Release: Commission calls for integration of environmental issues in EU economic policy

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Series Details IP/00/1029 (20.9.00)
Publication Date 20/09/2000
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In a Communication to the Council and the European Parliament EU Commissioner for Economic and Monetary Affairs Pedro Solbes argues that “there is no inherent contradiction between economic growth and the environment. Moving our societies onto environmentally sustainable trajectories will require change. Market-based instruments should be increasingly used in the effort to integrate environmental and economic policy objectives”. According to EU Commissioner for Environment Margot Wallström “over time, removing environmentally damaging subsidies and implementing the polluter pays principle should enhance economic efficiency and competitiveness. It will lead to sustainable economic growth with more and better jobs and greater social cohesion.”

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