Water tap - Image by Jonas KIM from Pixabay

The European Water Resilience Strategy must empower SMEs to be more water-efficient. By applying the “Think First Small” principle, the strategy should acknowledge the specific challenge of the smallest companies and provide them with the necessary incentives and support tools to effectively address critical pressures on Europe’s freshwater ecosystems.

Climate change - Image by Satheesh Sankaran from Pixabay

Europe has to create a well-functioning Savings and Investment Union to mobilise private investments. However, it will depend on the willingness of Member States to go the extra mile for necessary harmonisation steps in taxation, company law, insolvency procedures and supervision.