The European Court of Auditors finds significant shortcomings in the EU's strategy for critical raw materials, highlighting a lack of solid foundations and ineffective diversification efforts.
The European Court of Auditors has released a scathing report regarding the EU's strategy for critical raw materials, particularly focusing on its implications for energy transition. In its Special Report 2026 titled "Critical Raw Materials for Energy Transition – A Policy without Solid Foundations," the report outlines that while the EU has established a strategic framework for raw materials, it lacks a solid foundation for implementation. The auditors criticize the slow progress in the diversification of imports and point out legal, economic, and administrative barriers that hinder the advancement of domestic production. Moreover, the report indicates that the potential for sustainable resource management is not being fully tapped, which poses a significant risk to the EU’s energy transition objectives.
