ENAAT Newsletter: Strategic Compass and sustainable finance a boon for the arms industry

the latest ENAAT newsletter, ‘News from the Brussels’ Bubble’ provides an overview of EU defence-related initiatives taken over the last two months, how they are connected and what it says about priorities, from the Strategic Compass to the Versailles Declaration and the EC Defence Package. It also shows what the next battle of the arms industry is: getting a grip on sustainable finance.

read the Newsletter here

Main news items:
– Strategic Compass and related EU initiatives: a boon for the arms industry
– EU taxonomy and Ecolabel: arms industry claims weapons are ‘sustainable’

In short:
– EDF updates, Eurodrone controversy
– Peace Facility subsidises arms deliveries to Ukraine up to €1 billion
– EU Ombudsman final decision on EDA maladministration in the Jorge Domecq case
– Subjective list of interesting links

more news

Peace and Disarmament in Europe: For shared détente, peace and security

Europe is the second most militarized region in the world, with a military budget that surpasses China’s and is three times that of Russia. Additionally, the EU’s budget for security and defense has tripled over the past two decades, reaching 19.5 billion euros in the current framework program. The Delàs Center for Peace Studies, in collaboration with the European Network Against Arms Trade (ENAAT), analyzes Europe’s militarization and proposes alternatives to European security policies in the publication “Peace and Disarmament in Europe: For shared détente, peace and security”.

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