Last week was a big week for global climate ambition, with President Biden convening 40 world leaders for a virtual Climate Summit on the occasion of Earth Day. To mark the occasion, a number of countries followed the US’ lead in making tangible commitments to reduce emissions. This followed news that, earlier in the week, EU lawmakers had reached an agreement on the ‘European Climate Law’ after 14 hours of ‘trilogue’ negotiations between the European Parliament, the European Commission and the Council of the EU.
An Earth Day to remember: EU and US leaders step up climate ambition
Last week was a big week for global climate ambition, with President Biden convening 40 world leaders for a virtual Climate Summit on the occasion of Earth Day. To mark the occasion, a number of countries followed the US’ lead in making tangible commitments to reduce emissions. This followed news that, earlier in the week, EU lawmakers had reached an agreement on the ‘European Climate Law’ after 14 hours of ‘trilogue’ negotiations between the European Parliament, the European Commission and the Council of the EU.

The renewed climate ambition shown by the US, as well as the passage into law of the EU’s flagship ‘Climate Law’, alongside the EU’s upcoming ‘Fit for 55’ package demonstrates the importance of transatlantic leadership to drive the climate change agenda.
Climate change requires a global solution. Increased commitment from emitters worldwide, as well as global cooperation among countries and regions is a step in the right direction. The EU and the US have been instrumental in establishing the momentum for an energy-efficient, low-carbon future, which would ensure the competitiveness of their markets. The transatlantic partnership remains critical for the uptake of solutions that will help achieve climate neutrality by 2050. As representatives of the American business community in Europe, we look forward to continuing to play our role as an engaged partner in the fight against climate change.
Related items
:focal())
Industrial Accelerator Act: keeping Europe competitive and open to investment
The Industrial Accelerator Act will be a key test of whether the EU can strengthen industrial competitiveness while advancing decarbonisation. With significant pressure already weighing on businesses in Europe, from high energy costs and supply chain disruptions to unnecessary red tape and intensifying global competition, getting that balance right matters. If Europe fails to send clear signals that it remains a predictable place to invest, capital will go elsewhere.
AmCham EU supports the objectives of the IAA, but its success will depend on how it is designed. A central question in the debate is how ‘European preference’ should be approached. Strengthening Europe’s economic resilience and security is a legitimate objective. However, an approach that creates uncertainty for companies from partner countries, particularly by leaving key decisions to secondary legislation, risks undermining investment and limiting access to the technologies needed for the transition.
The focus should instead be on providing clarity early and rewarding companies that create real EU-added value through manufacturing, R&D, skills and emissions reductions. Learn more in our full paper.
:focal())
Discussing environment policy priorities with policymakers in Finland
From Monday, 13 to Wednesday, 15 April, AmCham EU travelled to Helsinki for a series of meetings with Finnish stakeholders on the future of EU environment policy. In discussions with representatives from the Finnish Ministry of Economic Affairs and Employment, the Ministry of the Environment, the European Chemicals Agency and Members of the Finnish Parliament, the delegation examined how the EU can pursue its environmental objectives and support competitiveness by delivering long-term simplification in environmental policies.
Across the meetings, one theme was evident. Europe’s environmental legislation must be more coherent and efficient across the Single Market. Members emphasised that simplification is not about lowering standards, but about avoiding unnecessary complexity while preserving a high level of environmental and human health protection and building the business case for investment in sustainable frameworks such as Circular Economy. As the EU takes forward its next environment policy initiatives, the priority should be a framework that combines ambition with legal certainty, supports investment and delivers practical outcomes across Europe.
:focal())
Joint industry statement urges review of product sustainability labelling
Together with 14 industry associations from various sectors, AmCham EU has signed a joint statement calling for the withdrawal of horizontal label requirements under the Ecodesign for Sustainable Products Regulation. While supporting the objective of improving the sustainability of products placed on the EU market and providing transparent information to consumers, the group warn that introducing horizontal labelling requirements without specific metrics and methodologies risks creating regulatory complexity and consumer confusion. The signatoires urges EU policymakers to instead address the need for a label and potential related requirements through product-specific measures supported by robust methodologies.
Policy priorities
Insights and advocacy driving Europe’s policy agenda. Our priorities support growth, innovation and a stronger transatlantic economy.
Membership
Connecting business and policymakers to strengthen the voice of American companies in Europe.