Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/308551 
Year of Publication: 
2024
Citation: 
[Journal:] EconPol Forum [ISSN:] 2752-1184 [Volume:] 25 [Issue:] 6 [Year:] 2024 [Pages:] 22-25
Publisher: 
CESifo GmbH, Munich
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.
Document Type: 
Article

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