• Wed. Dec 6th, 2023

Finnish Companies Facing Potential Billions in Losses as European Parliament Debates Controversial Regulation


Nov 20, 2023

The European Parliament is set to vote on a packaging waste regulation aimed at reducing overpackaging, promoting reuse, and saving the economy. The Commission predicts that the proposal will result in economic savings of over 47 billion euros in the EU. However, with over 500 amendment proposals on the table, MEPs anticipate a complicated and difficult vote.

The Government of Finland has expressed concerns about the impact of reducing packaging on food waste and food safety. The law’s final shape will be determined through negotiations between the EU Commission, Parliament, and Council of member states. In October, the environment committee of the European Parliament voted in favor of at least 20 percent of non-alcoholic beverages being offered in reusable packaging by 2030.

Despite support for this proposal among MEPs, there are concerns about increased costs and negative environmental impacts resulting from reuse goals raised by the food and brewing industries in Finland. MEPs have criticized the Commission’s proposal for not adequately considering life cycle thinking, which could lead to unsustainable practices.

In conclusion, while there is broad support among MEPs for reducing packaging waste through reusable packaging initiatives, there remain concerns about potential costs and environmental impacts on certain industries. Further discussions and negotiations will need to take place before a final decision can be made.

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