COM(2011)25 - Tackling the challenges in commodity markets and on raw materials

Please note

This page contains a limited version of this dossier in the EU Monitor.

Contents

  1. Key information
  2. Key dates
  3. Related information
  4. Full version
  5. EU Monitor

1.

Key information

official title

COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS TACKLING THE CHALLENGES IN COMMODITY MARKETS AND ON RAW MATERIALS
 
Legal instrument Communication
Decision making procedure Own-initiative procedure (INI)
reference by COM-number87 COM(2011)25 EN
Additional COM-numbers COM(2011)25
procedure number89 2011/2056(INI)
CELEX number90 52011DC0025

2.

Key dates

Document 02-02-2011
Online publication 04-02-2011

3.

Related information

 

4.

Full version

This page is also available in a full version containing the latest state of affairs, the summary of the European Parliament Legislative Observatory, the legal context, other dossiers related to the dossier at hand, the stakeholders involved (e.g. European Commission directorates-general, European Parliament committees, Council configurations and even individual EU Commissioners and Members of the European Parliament), consultations relevant to the dossier at hand and finally documents of the European Parliament, the Council of Ministers and the European Commission.

The full version is available for registered users of the EU Monitor by ANP and PDC Informatie Architectuur.

5.

EU Monitor

The EU Monitor enables its users to keep track of the European process of lawmaking, focusing on the relevant dossiers. It automatically signals developments in your chosen topics of interest. Apologies to unregistered users, we can no longer add new users.This service will discontinue in the near future.

  • 1. 
    World Metals Statistics Bureau
     
  • 2. 
    CFTC 'Staff report on commodity swap dealers and index traders with Commission recommendations', Washington, 2008. American Economic Review; Commission Communication COM(2008) 821 'Food prices in Europe' and its accompanying staff working document SEC(2008) 2971 'Task force on the role of speculation in agricultural commodities price movements - Is there a speculative bubble in commodity markets?'.

     
  • 3. 
    COM(2008) 699
     
  • 4. 
    COM(2009) 591 'A Better Functioning Food Supply Chain in Europe' and COM(2010) 127 'An EU policy framework to assist developing countries in addressing food security challenges'.

     
  • 5. 
    COM(2010) 2020 'Europe 2020', and COM(2011) 21 'A resource-efficient Europe: flagship initiative under the Europe 2020 strategy'.

     
  • 6. 
    See www.pittsburghsummit.gov/mediacenter/129639

     
  • 7. 
    See www.g20.org/Documents2010/11

     
  • 8. 
    See for example, IOSCO, Task Force on Commodity Futures, Report to the G20. November 2010.

     
  • 9. 
    COM(2009) 591 'A Better Functioning Food Supply Chain in Europe',

     
  • 10. 
    A derivative can be defined as a financial asset, generally a contract between two or more parties, that derives its value from other assets, securities or even indices.

     
  • 11. 
    COM(2010) 672 'The CAP towards 2020'.

     
  • 12. 
    FAO, WFP, The State of Food Insecurity in the World, October 2010.

     
  • 13. 
    Part of which is already under way (see section 3.2) in close cooperation with the relevant international counterparts, in particular the United States, with a view to ensure regulatory consistency.

     
  • 14. 
    The market in allowances within the carbon Emissions Trading System for the EU is not dealt with in this Communication as the allowances are not commodities in the generally understood sense. The Commission has produced a Communication on this issue; COM(2010) 796 'Towards an enhanced market oversight framework for the EU Emissions Trading System'.

     
  • 15. 
    This section does not address other energy related issues such as the safety and security or the overall consistency and effectiveness of EU external energy policy. They are dealt with in the Communication Energy 2020 A strategy for competitive, sustainable and secure energy - COM(2010) 639.

     
  • 16. 
    Proposal for a Regulation of the European Parliament and of the Council on energy market integrity and transparency - COM(2010) 726, December 2010.

     
  • 17. 
    See for instance ec.europa.eu/agriculture/markets/prices

     
  • 18. 
    See epp.eurostat.ec.europa.eu/portal/page/portal/hicp

     
  • 19. 
    ec.europa.eu/agriculture/publi/caprep

     
  • 20. 
    See ec.europa.eu/enterprise/sectors/food

     
  • 21. 
    Fewer than ten African States meet the Maputo target set in 2003 of ten percent of public investment to agriculture.

     
  • 22. 
    COM(2010) 629 'EU development policy in support of inclusive growth and sustainable development. Increasing the Impact of EU development policy'.

     
  • 23. 
    COM(2010) 127
     
  • 24. 
    COM(2010) 484, 15.9.2010

     
  • 25. 
    Directive 2003/6/EC (OJ L 96, 12.4.2003).

     
  • 26. 
    A public consultation on PRIPS was launched on 26th November 2010, -->
     
  • 27. 
    COM(2009) 207, 30.4.2009.

     
  • 28. 
    Directive 2004/39/EC (OJ L 145, 30.4.2004).

     
  • 29. 
    Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority, amending Decision No 716/2009/EC and repealing Commission Decision 2009/77/EC (OJ L 331, 15.12.2010, p. 84).

     
  • 30. 
    COM(2008) 699 Communication
     
  • 31. 
    DG Trade - Raw materials policy - 2009 annual report (ec.europa.eu/trade/creating-opportunities).

     
  • 32. 
    COM(2010) 163, 'Co-operating with Developing Countries on Promoting Good Governance in Tax Matters'.

     
  • 33. 
    ec.europa.eu/environment/nature/natura2000

     
  • 34. 
    Good practice guidance on the sustainable mobilisation of wood in Europe. European Commission, Forest Europe, FAO 2010.

     
  • 35. 
    See COM(2011) 21 'A resource-efficient Europe: flagship initiative under the Europe 2020 strategy'

     
  • 36. 
    Council Directive 2009/119/EC of 14 September 2009.

     
  • 37. 
    ec.europa.eu/internal_market/consultations/2010

     
  • 38. 
    For example on due diligence and reporting requirements by companies which are part of the supply chain of raw materials e.g. US Dodd Frank Wall Street Reform and Consumer Protection Act.

     
  • 39. 
    The purpose of the Trust is to benefit cross-border and regional infrastructure projects in sub-Saharan Africa.

     
  • 40. 
    For example, the AEGOS project brings the EU's and Africa's geo-surveys together to improve the level and quality of resource data available for Africa.

     
  • 41. 
    DG Trade - Raw materials policy - 2009 annual report.

     
  • 42. 
    European union Network for the Implementation and Enforcement of Environmental Law

     
  • 43. 
    COM(2010)546

     
  • 44. 
    World Metals Statistics Bureau
     
  • 45. 
    CFTC 'Staff report on commodity swap dealers and index traders with Commission recommendations', Washington, 2008. American Economic Review; Commission Communication COM(2008) 821 'Food prices in Europe' and its accompanying staff working document SEC(2008) 2971 'Task force on the role of speculation in agricultural commodities price movements - Is there a speculative bubble in commodity markets?'.

     
  • 46. 
    COM(2008) 699
     
  • 47. 
    COM(2009) 591 'A Better Functioning Food Supply Chain in Europe' and COM(2010) 127 'An EU policy framework to assist developing countries in addressing food security challenges'.

     
  • 48. 
    COM(2010) 2020 'Europe 2020', and COM(2011) 21 'A resource-efficient Europe: flagship initiative under the Europe 2020 strategy'.

     
  • 49. 
    See www.pittsburghsummit.gov/mediacenter/129639

     
  • 50. 
    See www.g20.org/Documents2010/11

     
  • 51. 
    See for example, IOSCO, Task Force on Commodity Futures, Report to the G20. November 2010.

     
  • 52. 
    COM(2009) 591 'A Better Functioning Food Supply Chain in Europe',

     
  • 53. 
    A derivative can be defined as a financial asset, generally a contract between two or more parties, that derives its value from other assets, securities or even indices.

     
  • 54. 
    COM(2010) 672 'The CAP towards 2020'.

     
  • 55. 
    FAO, WFP, The State of Food Insecurity in the World, October 2010.

     
  • 56. 
    Part of which is already under way (see section 3.2) in close cooperation with the relevant international counterparts, in particular the United States, with a view to ensure regulatory consistency.

     
  • 57. 
    The market in allowances within the carbon Emissions Trading System for the EU is not dealt with in this Communication as the allowances are not commodities in the generally understood sense. The Commission has produced a Communication on this issue; COM(2010) 796 'Towards an enhanced market oversight framework for the EU Emissions Trading System'.

     
  • 58. 
    This section does not address other energy related issues such as the safety and security or the overall consistency and effectiveness of EU external energy policy. They are dealt with in the Communication Energy 2020 A strategy for competitive, sustainable and secure energy - COM(2010) 639.

     
  • 59. 
    Proposal for a Regulation of the European Parliament and of the Council on energy market integrity and transparency - COM(2010) 726, December 2010.

     
  • 60. 
    See for instance ec.europa.eu/agriculture/markets/prices

     
  • 61. 
    See epp.eurostat.ec.europa.eu/portal/page/portal/hicp

     
  • 62. 
    ec.europa.eu/agriculture/publi/caprep

     
  • 63. 
    See ec.europa.eu/enterprise/sectors/food

     
  • 64. 
    Fewer than ten African States meet the Maputo target set in 2003 of ten percent of public investment to agriculture.

     
  • 65. 
    COM(2010) 629 'EU development policy in support of inclusive growth and sustainable development. Increasing the Impact of EU development policy'.

     
  • 66. 
    COM(2010) 127
     
  • 67. 
    COM(2010) 484, 15.9.2010

     
  • 68. 
    Directive 2003/6/EC (OJ L 96, 12.4.2003).

     
  • 69. 
    A public consultation on PRIPS was launched on 26th November 2010, -->
     
  • 70. 
    COM(2009) 207, 30.4.2009.

     
  • 71. 
    Directive 2004/39/EC (OJ L 145, 30.4.2004).

     
  • 72. 
    Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority, amending Decision No 716/2009/EC and repealing Commission Decision 2009/77/EC (OJ L 331, 15.12.2010, p. 84).

     
  • 73. 
    COM(2008) 699 Communication
     
  • 74. 
    DG Trade - Raw materials policy - 2009 annual report (ec.europa.eu/trade/creating-opportunities).

     
  • 75. 
    COM(2010) 163, 'Co-operating with Developing Countries on Promoting Good Governance in Tax Matters'.

     
  • 76. 
    ec.europa.eu/environment/nature/natura2000

     
  • 77. 
    Good practice guidance on the sustainable mobilisation of wood in Europe. European Commission, Forest Europe, FAO 2010.

     
  • 78. 
    See COM(2011) 21 'A resource-efficient Europe: flagship initiative under the Europe 2020 strategy'

     
  • 79. 
    Council Directive 2009/119/EC of 14 September 2009.

     
  • 80. 
    ec.europa.eu/internal_market/consultations/2010

     
  • 81. 
    For example on due diligence and reporting requirements by companies which are part of the supply chain of raw materials e.g. US Dodd Frank Wall Street Reform and Consumer Protection Act.

     
  • 82. 
    The purpose of the Trust is to benefit cross-border and regional infrastructure projects in sub-Saharan Africa.

     
  • 83. 
    For example, the AEGOS project brings the EU's and Africa's geo-surveys together to improve the level and quality of resource data available for Africa.

     
  • 84. 
    DG Trade - Raw materials policy - 2009 annual report.

     
  • 85. 
    European union Network for the Implementation and Enforcement of Environmental Law

     
  • 86. 
    COM(2010)546

     
  • 87. 
    De Europese Commissie kent nummers toe aan officiële documenten van de Europese Unie. De Commissie maakt onderscheid in een aantal typen documenten door middel van het toekennen van verschillende nummerseries. Het onderscheid is gebaseerd op het soort document en/of de instelling van de Unie van wie het document afkomstig is.
     
  • 88. 
    De Raad van de Europese Unie kent aan wetgevingsdossiers een uniek toe. Dit nummer bestaat uit een vijfcijferig volgnummer gevolgd door een schuine streep met de laatste twee cijfers van het jaartal, bijvoorbeeld 12345/00 - een document met nummer 12345 uit het jaar 2000.
     
  • 89. 
    Het interinstitutionele nummer is een nummerreeks die binnen de Europese Unie toegekend wordt aan voorstellen voor regelgeving van de Europese Commissie.
    Binnen de Europese Unie worden nog een aantal andere nummerseries gebruikt. Iedere instelling heeft één of meerdere sets documenten met ieder een eigen nummering. Die reeksen komen niet overeen met elkaar of het interinstitutioneel nummer.
     
  • 90. 
    Deze databank van de Europese Unie biedt de mogelijkheid de actuele werkzaamheden (workflow) van de Europese instellingen (Europees Parlement, Raad, ESC, Comité van de Regio's, Europese Centrale Bank, Hof van Justitie enz.) te volgen. EURlex volgt alle voorstellen (zoals wetgevende en begrotingsdossiers) en mededelingen van de Commissie, vanaf het moment dat ze aan de Raad of het Europees Parlement worden voorgelegd.
     
  • 91. 
    Als dag van bekendmaking van een Europees besluit geldt de dag waarop het besluit in het Publicatieblad wordt bekendgemaakt, en daardoor in alle officiële talen van de Europese Unie bij het Publicatiebureau beschikbaar is.