Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Technology
    3. >EU targets global lead in standards for green, digital transition
    Technology

    EU Targets Global Lead in Standards for Green, Digital Transition

    Published by Jessica Weisman-Pitts

    Posted on February 2, 2022

    2 min read

    Last updated: January 28, 2026

    Add as preferred source on Google
    An image depicting EU officials outlining proposals for new standards in green and digital technology, emphasizing Europe's role as a global leader in sustainable and digital innovation.
    EU officials discussing green and digital standards for technology - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    The EU proposes new standards for green and digital products to lead globally, focusing on environmental and labor criteria.

    EU Aims for Global Leadership in Green, Digital Standards

    BRUSSELS (Reuters) – The European Commission proposed revisions to its system of standards on Wednesday to cover green and digital products and technology and ensure it is setting future global standards rather than taking them from the likes of China.

    The European Union already has standards for products from household appliances to toys, but now wants a system for its green and digital transition that goes beyond product safety or inter-operability to include environmental and labour criteria and its democratic values.

    “Technical standards are of strategic importance. Europe’s technological sovereignty, ability to reduce dependencies and protection of EU values will rely on our ability to be a global standard-setter,” Internal Markets Commissioner Thierry Breton said in a statement.

    Hydrogen’s use as a clean fuel, increased production of batteries, connected devices and artificial intelligence all raise issues about environmental and labour standards, data protection and cybersecurity.

    EU officials point to China’s new strategy on standardisation introduced at the end of the last year, saying this highlights a need for the bloc to act faster and join forces with other “like-minded” countries.

    The EU executive will also fund standardisation projects in neighbouring countries and in Africa.

    The Commission proposal wants more standards set more rapidly for COVID-19 vaccines and medicines, recycling of critical raw materials, clean hydrogen, low-carbon cement, semiconductors and data.

    Standards can take four to six years to develop, EU officials say.

    The Commission proposal seeks to align projects funded by its Horizon Europe research and innovation programme with its standardisation aims and, with many experts nearing retirement age, promote this as a career opportunity for young people.

    The proposal will also give a stronger voice to national authorities in the EU’s 27 member states on standard-setting, to limit the influence of non-EU companies or bodies in areas such as cybersecurity and hydrogen.

    (Reporting by Philip Blenkinsop; Editing by Gareth Jones)

    Key Takeaways

    • •The EU proposes new standards for green and digital products.
    • •Focus on environmental, labor criteria, and democratic values.
    • •China's strategy prompts EU to act faster in standardization.
    • •EU to fund projects in neighboring countries and Africa.
    • •Aligns Horizon Europe with standardization goals.

    Frequently Asked Questions about EU targets global lead in standards for green, digital transition

    1What is the main topic?

    The main topic is the EU's proposal to set global standards for green and digital products.

    2Why is the EU focusing on standardization?

    The EU aims to maintain technological sovereignty and reduce dependencies by setting global standards.

    3How does China influence the EU's actions?

    China's new standardization strategy has prompted the EU to accelerate its own standard-setting efforts.

    More from Technology

    Explore more articles in the Technology category

    Image for Nominations Open: Best New Digital Wallet 2026
    Nominations Open: Best New Digital Wallet 2026
    Image for Best Digital Wallet 2026: Nominations Now Open
    Best Digital Wallet 2026: Nominations Now Open
    Image for Bessemer Venture Partners Poured Millions Into Litify; Here's Why One of the World's Top VCs Thinks This Platform Will Dominate Legal Tech
    Bessemer Venture Partners Poured Millions Into Litify; Here's Why One of the World's Top VCs Thinks This Platform Will Dominate Legal Tech
    Image for HID Announces Converged Credentials Solution Bridging Physical and Logical Identity Across the Enterprise
    Hid Announces Converged Credentials Solution Bridging Physical and Logical Identity Across the Enterprise
    Image for How Can AI-Powered Customer Support Improve Fintech Operations?
    How Can AI-Powered Customer Support Improve FinTech Operations?
    Image for Infosecurity Europe announces former Ukrainian Minister of Foreign Affairs, Dr. Dmytro Kuleba as headline keynote as 59% of cybersecurity leaders say geopolitics Is hindering European collaboration
    Infosecurity Europe Announces Former Ukrainian Minister of Foreign Affairs, Dr. Dmytro Kuleba as Headline Keynote as 59% of Cybersecurity Leaders Say Geopolitics Is Hindering European Collaboration
    Image for Showcasing Digital Leadership – Best Bank for Social Media 2026
    Showcasing Digital Leadership – Best Bank for Social Media 2026
    Image for Innovation Through Partnership: The Role of External Tech Teams
    Innovation Through Partnership: The Role of External Tech Teams
    Image for Nominations Open for Technology Awards 2026
    Nominations Open for Technology Awards 2026
    Image for Nominations Open for Innovation Awards 2026
    Nominations Open for Innovation Awards 2026
    Image for Archie earns industry recognition across G2, Capterra, and SoftwareReviews
    Archie Earns Industry Recognition Across G2, Capterra, and SoftwareReviews
    Image for The Bankaool Transformation: How a Regional Mexican Bank Became a Fintech Disruptor
    The Bankaool Transformation: How a Regional Mexican Bank Became a FinTech Disruptor
    View All Technology Posts
    Previous Technology PostWhat Are the Main Threats to Digital Identity Innovation, and How Can They Be Limited?
    Next Technology Post2022: A Year of Hybrid Data Cloud, Upskilling and Ethical AI