Business and Law

The EU’s digital strategy

The shift to digital technology ought to benefit everyone, prioritize the needs of individuals, and create new commercial opportunities. The green transformation and the battle against climate change both depend on digital solutions. People’s lives are altering due to digital technology. By making this shift beneficial to both individuals and companies, the EU hopes to meet its goal of having a climate-neutral Europe by 2050.  The Commission is committed to making this the “Decade of Digital” in Europe. With a strong focus on data, technology, and infrastructure, Europe must now reinforce its digital sovereignty and define norms rather than adopting those of others.

Digital strategies that prioritize individuals will open up new business opportunities, encourage the creation of reliable technologies promote an open and democratic society, make it possible for a thriving and sustainable economy, and aid in the battle against climate change and the green transition.

 The digital strategy of the EU will

  • utilize technology to enable Europe to achieve climate neutrality by 2050
  • decrease carbon emissions from the digital sector increase data privacy and control for citizens
  • establish a “European health data space” to promote specialized investigation, diagnosis, and care
  • thwart online misinformation and support a variety of trustworthy media content

How will the digital strategy contribute to the European green Deal? Make the EU climate neutral!

Introduce a new EU industrial plan

  • The Commission established the framework for an industrial strategy that would aid in the simultaneous transition to a green and digital economy, boost the EU industry’s competitiveness on the world stage, and strengthen Europe’s open strategic autonomy.

Strengthen the EU’s capacity to foresee and handle environmental disasters

  • The “Destination Earth” effort will create a highly accurate digital model of the Earth (a “digital twin”), dramatically enhancing Europe’s capacity to forecast extreme weather patterns, assess the effects of climate change, and manage environmental and natural disasters.

Support the circular economy

  • Introduce new “product passports” to inform industry and consumers on the origin, composition (including dangerous and rare materials), end-of-life treatment, and recycling of items.

Start a campaign to promote circular electronics

  • By 2030, saving 2.1 million tonnes of CO2 annually by extending the lifespan of all cellphones in the EU by one year would be the same as removing a million cars from the road.

Mag. Mario Loidl

Co-Managing Director