Considerations for Member States Implementing the EU Supply Chain Regulation

Gabriel Felbermayr and Klaus Friesenbichler

EconPol Forum, 2024, vol. 25, issue 06, 22-25

Abstract: The EU Corporate Sustainable Due Diligence Directive shifts the costs of compliance with social and environmental rules to private entities within complex supply networks To ensure effective and cost-efficient implementation, the Directive should aim to reduce economic complexity Regulations should exempt countries with strong regulatory systems Public agencies should establish harmonized standards, and organize a private certification scheme that focuses on suppliers rather than the entire network The new European Parliament may need to adjust the legal framework accordingly

Date: 2024
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