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3.7. To further improve the free flow of goods, the European Commission adopted the Regulation on Compliance and Enforcement. (...) The new regulation will strengthen the enforcement of EU health, safety and environmental protection rules and the application of harmonised EU legislation in order to keep non-compliant products from being placed on the market.

3.14. In the field of transport services, three "mobility packages" were released in 2017 and 2018, including a number of initiatives aimed at harmonising and simplifying the legal framework applicable to road transport and other modes. These should result in better, and more consistent enforcement of the rules across EU Member States, support social fairness and fair competition, improve the environmental performance of road transport and encourage innovation. (...) In addition, several other European Commission proposals (on the functioning of the road haulage market, on public procurement of clean vehicles and on electronic freight transport information ) aim to develop smart infrastructure, support the roll out of clean vehicles and address the challenges of digitalisation in mobility.

3.15. The Capital Markets Union is essential for making the Economic and Monetary Union and the EU Member States' economies more resilient, safeguard financial stability, strengthen the international role of the euro and create new opportunities for businesses and investors across the Single Market. (...) In promoting the reorientation of capital flows to more sustainable economic activities, the Capital Markets Union will contribute to achieving the Sustainable Development Goals as well as the objectives of the Paris Agreement on Climate Change.

3.17. Since 2017, the European Commission proposed and agreed with the co-legislators a number of important pieces of financial services legislation. These include among others, a Regulation on standard, transparent and safe securitisation, reviewed rules on prospectus and venture capital funds (...) This review was complemented by a review of the supervisory framework for central counterparties. As part of the 2018 sustainable finance action plan, the European Parliament and the Council reached an agreement regarding sustainability disclosure requirements for asset managers as well as agreed on the creation of a climate-transition and Paris Agreement - aligned benchmarks. The co-legislators are still deliberating on a European Commission proposal to establish a classification of sustainable economic activities as well a proposal on crowdfunding

3.21. During the reporting period, the Common Agricultural Policy (CAP) continued on the path towards market orientation and away from trade-distorting support measures (...)
3.23. (...) The CAP will account for just under one-third of the overall EU budget. The proposed CAP budget will be divided between its two traditional "pillars": direct support for farmers/market measures and rural development. The EU aims to use 40% of the overall financial envelope of the CAP in support of climate objectives.

3.22. The Council and European Parliament also adopted the important legislative initiative on Unfair Trading Practices strengthening the position of small and medium-sized enterprises in the food supply chain. They also agreed on new rules for organic production and labelling of organic products to ensure an update of EU regulations for this growing segment of the agricultural market.

3.25. Since the last review, the EU adopted three major legislative acts in the SPS field, namely the Regulation on Official Controls , the Regulation on Veterinary Medicines and the Regulation on transparency and sustainability of risk assessment in the food chain.

3.27. The new legislation on transparency and sustainability of risk assessment in the food chain is an important step towards the modernisation of the EU food safety policy; (...)

3.37. The EU Environment Action Programme provides strategic guidance and ensures predictable and coordinated action for Europe's environment and climate policy. The 7th Environment Action Programme ("7th EAP") entered into force in 2014 and runs until the end of 2020. The 7th EAP has been a crucial governance tool, with strong links to national environment strategies and has led to more coherent and effective policy-making. The findings from the 7th EAP Evaluation will inform future decisions about a successor environment action programme.

3.38. The Circular Economy Action Plan (CEAP), which was adopted in 2015 and established a comprehensive framework introducing measures covering the whole product lifecycle from production via consumption to waste management and the market for secondary raw materials, is now fully implemented. On 4 March 2019, the European Commission adopted a comprehensive report on the implementation of the CEAP. The report on the implementation of the Circular Economy Action Plan presents the plastics strategy as an example of where a systemic approach was successfully adopted to tackle barriers and challenges in a material specific lifecycle. In January 2018, the EU adopted the EU Strategy for Plastics in a Circular Economy. The strategy pursues an ambitious approach for plastic packaging recyclability and contains a strong response to the problem of microplastics, which are a significant source of marine pollution. By 2030, all plastic packaging should be reusable or recyclable. Furthermore, the strategy calls for global action to reduce plastics pollution.