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1. Foreign investments, de-risking and the EU’s green transition: Mining critical minerals in Finland

Author:
Elina Sinkkonen and Marco Siddi
Publication Date:
02-2024
Content Type:
Policy Brief
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
The EU is highly dependent on imports of critical and strategic raw materials, both at the extraction and the processing stages. Many of the key supply chains for these materials are dominated by China. In addition, the EU is also dependent on China for many green technologies, such as battery production. The EU’s Critical Raw Materials Act (2023) sets concrete targets for reducing dependencies in the green transition by 2030. Considering both the level of existing dependencies in critical and strategic raw materials and the fact that the Act does not provide any new funding instruments, the feasibility of reaching the set targets is questionable. The Finnish mining sector presents an interesting case that illustrates the scarcity of domestic financing. Most metal ore mines in Finland are owned by foreign companies, and similar trends apply to the refining and recycling of materials. If the EU wishes to mitigate the risks of becoming dependent on authoritarian countries, foreign investments in sectors relevant to the green transition should be subject to investment screening. For example, the Finnish Act on the Screening of Foreign Corporate Acquisitions does not cover greenfield investments such as investments in building battery factories.
Topic:
European Union, Mining, Supply Chains, Green Transition, Raw Materials, Critical Raw Materials (CRM), and De-Risking
Political Geography:
Europe and Finland

2. European politics in times of crisis: Developments in Germany, France and Italy, and consequences for the EU

Author:
Marco Siddi, Niklas Helwig, and Tuomas Iso-Markku
Publication Date:
05-2022
Content Type:
Policy Brief
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
The war in Ukraine and the long-term consequences of the Covid-19 pandemic have put the spotlight on important political developments in the three largest EU members, Germany, France and Italy. In Germany, the new coalition government led by Olaf Scholz is trying to adapt the country’s foreign, energy and fiscal policies to the new international scenario, relinquishing some of its long-term tenets. France has just re-elected Emmanuel Macron as President, who is likely to advocate more flexibility in EU fiscal rules and strategic autonomy in foreign, defence and energy policy. Mario Draghi’s government has attempted to steer Italy out of the economic and health crisis and has sought closer cooperation with France. Italy will hold a general election by June 2023, with four parties vying for pre-eminence. In the wake of Brexit, Berlin, Paris and Rome have tried to revive the integration process. In the near future, it is expected that they will continue to drive EU politics, even if sometimes with different priorities, in close consultation with European partners.
Topic:
Politics, Regional Cooperation, European Union, Leadership, and Political Crisis
Political Geography:
Europe, France, Germany, and Italy

3. Italy and the Covid-19 emergency: Tackling an unprecedented crisis, with limited EU solidarity

Author:
Marco Siddi
Publication Date:
03-2020
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Thus far, Italy has been the EU member most affected by the Covid-19 pandemic, as well as the first one to take drastic measures to fight contagion. The country is now a reference for lessons learned and a test case for solidarity in the EU.
Topic:
European Union, Public Health, Pandemic, and COVID-19
Political Geography:
Europe and Italy

4. The European Green Deal: Assessing its current state and future implementation

Author:
Marco Siddi
Publication Date:
05-2020
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
This Working Paper analyses the main aspects of the European Green Deal proposed by the European Commission in December 2019. It puts the Green Deal into the broader context of EU climate governance in order to assess whether and how it advances the EU’s climate agenda. The paper proposes four broad and interrelated categories to evaluate the Green Deal. Its performance depends on whether it is and will remain a policy priority, despite the Covid-19 emergency and the ensuing economic crisis. Second, successful implementation depends on adequate financial endowment, including the shift of public funding from hydrocarbons to renewables and energy efficiency in post-pandemic economic programmes. The legal competence of EU institutions to coordinate and enforce the implementation of the Green Deal is also essential, as highlighted by ongoing discussions concerning the governance to achieve zero net emissions by 2050. Furthermore, international cooperation with third partners on issues such as border carbon adjustment, technology transfers and green industry will influence both the implementation of the Green Deal in the EU and the contribution of other major emitters to the climate agenda.
Topic:
Climate Change, Environment, Regional Cooperation, and European Union
Political Geography:
Europe

5. Mounting tensions in France-Italy relations: Troubled waters between European partners

Author:
Marco Siddi
Publication Date:
03-2019
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Since its formation in mid-2018, the new Italian government has engaged in a series of arguments with France, most recently over the controversial actions of an Italian minister. However, these tensions have deeper roots that can be traced to different views on Libya and migration.
Topic:
Migration, Regional Cooperation, Bilateral Relations, and European Union
Political Geography:
Europe, France, Libya, and Italy

6. The 2019 European elections: New political constellations

Author:
Tuomas Iso-Markku and Marco Siddi
Publication Date:
05-2019
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Three main factors will determine the shape of the next European Parliament (EP): the outcome of the elections, the organisation of national parties into supranational political groups, and developments in the Brexit process. Everything points towards some significant changes – and a considerable degree of uncertainty – in the new EP. The EP’s centre-right and centre-left groups are expected to lose their combined majority for the first time since 1979, whereas far-right parties and liberal democrats will likely increase their representation. The EP’s mainstream groups will therefore need new allies to achieve majorities, which could boost the influence of the smaller groups. The choice of the next Commission President will be the first major test for the new EP. While most political groups have designated candidates, it is unclear whether the Spitzenkandidaten system will be followed. If and when it takes place, Brexit will have an impact on the size of the EP, reducing it from 751 to 705 seats, as well as on the composition of the political groups that include British parliamentarians.
Topic:
Regional Cooperation, European Union, Brexit, and European Parliament
Political Geography:
United Kingdom and Europe

7. Poland’s 2019 election: Bright prospects for the populist Right

Author:
Marco Siddi and Barbara Gaweda
Publication Date:
10-2019
Content Type:
Working Paper
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Poland’s incumbent party Law and Justice seems poised to win the election thanks to its welfare policies and the weakness of the opposition. However, its attacks on the independence of the judiciary and the media could further erode the rule of law and exacerbate disputes with the EU.
Topic:
Authoritarianism, Elections, European Union, Populism, Conservatism, and Rule of Law
Political Geography:
Europe and Poland