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DRAFT REPORT (COM(2022)0329 – C90223/2022 – 2022/0210(COD))

On the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 691/2011 as regards introducing new environmental economic accounts modules

ENVI-PR-738601

Committee on the Environment, Public Health and Food Safety · Rapporteur: Pascal Canfin

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This is the rapporteur's draft report on the Commission proposal to amend Regulation (EU) No 691/2011 by adding new environmental economic accounts modules. It adopts Parliament's first-reading position with 24 amendments. The amendments add new recitals on climate neutrality, ecosystem accounts, climate adaptation and biodiversity, and require the Commission to adopt delegated acts creating ten further modules within three years. They require studies on monetary valuation of ecosystem services, on further development of ecosystem accounts and on climate change reporting, and set deadlines for statistics transmission at 12 months. Member States must submit climate change mitigation data from 1 January 2025, and the Commission may advise against innovative approaches that risk insufficient data quality.

Committee position. The rapporteur proposes that Parliament adopt its first-reading position with 24 amendments to the Commission proposal, adding new recitals, new modules, studies and deadlines.

Key points

  1. Parliament adopts its first-reading position on the proposal to amend Regulation (EU) No 691/2011 on environmental economic accounts.
  2. A new recital states that sound information on environmental change is essential and that instruments should enhance public awareness of the environment's contribution to the economy and wellbeing.
  3. A new recital links the accounts to climate neutrality by 2050, the European Green Deal, the European Climate Law and the Fit for 55 package, and calls for granular data on investment gaps.
  4. New recitals state that ecosystem accounts should value nature, that a climate adaptation module should be adopted by delegated acts, and that a biodiversity module should be adopted by delegated acts.
  5. A new recital notes that the European Court of Auditors report points to the need to improve the timeliness of data.
  6. Member States may use innovative approaches such as earth observation (Copernicus services) but must inform the Commission and provide quality details.
  7. The Commission should be empowered to adopt delegated acts to create new modules and improve existing ones.
  8. The Commission is empowered to adopt delegated acts on monetary values for ecosystem services and to amend the annexes to adapt and further develop the modules.
  9. Within three years of entry into force, the Commission must adopt delegated acts adding ten modules: subsidies harmful to the environment, water, waste, circular material use, climate mitigation, climate adaptation, biodiversity, pollution, resource management and environmental footprint.
  10. The Commission (Eurostat) must publish a methodological and feasibility study on monetary valuation of ecosystem services within one year, and by two years supplement the Regulation by delegated act.
  11. The Commission (Eurostat) must publish a study on further development of ecosystem accounts within one year, and a study on climate change reporting values with an indicative timeline within one year.
  12. Member States must submit climate change mitigation data from 1 January 2025, integrating investments and capital transfers by institutional sectors for activities listed in Annex VI to Regulation (EU) 2021/241.

Who is affected

  • Member States, which must submit climate change mitigation data from 1 January 2025 and inform the Commission about innovative approaches.
  • The Commission, which must adopt delegated acts, publish studies and may advise against innovative approaches.
  • National Statistical Institutes and other national authorities, which may use innovative approaches such as Copernicus services.

Figures and deadlines

  • 3 years after the entry into force of this Regulation — deadline for the Commission to adopt delegated acts adding ten modules.
  • 1 year after the date of entry into force of this Regulation — deadline for the Commission (Eurostat) to publish a study on monetary valuation of ecosystem services.
  • 2 years after the date of entry into force of this Regulation — deadline for the Commission to supplement the Regulation by delegated act on monetary values.
  • 1 year after the date of entry into force of this Regulation — deadline for the Commission (Eurostat) to publish a study on further development of ecosystem accounts.
  • 1 year after the date of entry into force of this Regulation — deadline for the Commission to publish a study on climate change reporting values.
  • 1 January 2025 — date from which Member States must submit climate change mitigation data.
  • 12 months of the end of the reference year — deadline for transmitting statistics under Annexes VII, VIII and IX.

Legal basis: Article 294(2) and Article 338(1) of the Treaty on the Functioning of the European Union.