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“Don’t Bank on the Bombs” New European Standards Affecting the Defense Industry

Memos
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Références
Briefings de l’Ifri, September 22, 2022
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While Russia’s invasion of Ukraine on February 24, 2022, has underlined the need to upgrade the European armed forces, the urgency of the fight against climate change—as illustrated by reports from the Intergovernmental Panel on Climate Change (IPCC)—requires the political mobilization of the European Union (EU) to carry out the transition to climate neutrality.

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Des piles d'argent et un réservoir devant un globe symbolisant l'armement et la finance mondiale
Des piles d'argent et un réservoir devant un globe symbolisant l'armement et la finance mondiale
Goxia/ Shutterstock
Corps analyses

The EU has therefore established guidelines for ambitious action in these two areas. Via its Strategic Compass, adopted in March 2022, it intends to contribute to world stability with the support of a permanent and viable defense tool. Via its 2018 green finance plan, the European Commission aims to redirect financial flows toward sustainable activities and thus facilitate the 480 billion euros (€) of additional annual investments which will be necessary if it is to achieve its environmental objectives by 2030.

The tension between these two objectives— strengthening European defense on the one hand and promoting sustainable finance on the other—was made manifest in lively discussions regarding the integration of the defense sector into European taxonomy projects and the expansion of the Ecolabel. These proposals led to concerns among companies of the European Defence Technological and Industrial Base (EDTIB), wary of the perceived threat to their funding.

 

 

 

This content is available in French: “Don’t bank on the bombs”. L’industrie de défense face aux nouvelles normes européennes.

 
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ISBN / ISSN

979-10-373-0607-4

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“Don’t Bank on the Bombs” New European Standards Affecting the Defense Industry

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Author(s)
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Amélie FÉREY

Amélie FÉREY

Intitulé du poste

Former Research Fellow, Former Head of the Defense Research Unit, Security Studies Center, Ifri

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laure_de_rochegonde

Laure de ROUCY-ROCHEGONDE

Intitulé du poste
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 A soldier watching a sunset on an armored infantry fighting vehicle
Security Studies Center
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Heir to a tradition dating back to the founding of Ifri, the Security Studies Center provides public and private decision-makers as well as the general public with the keys to understanding power relations and contemporary modes of conflict as well as those to come. Through its positioning at the juncture of politics and operations, the credibility of its civil-military team and the wide distribution of its publications in French and English, the Center for Security Studies constitutes in the French landscape of think tanks a unique center of research and influence on the national and international defense debate.

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From Corsairs to Private Military Contractors. Nonmilitary Maritime Actors and the Historical Continuities of Naval Warfare

Date de publication
26 August 2026
Accroche

Since late 2023, several Houthi attacks on commercial shipping have involved privately contracted armed teams conducting defensive engagements and coordinating immediate response efforts, often in the relative absence of regular naval forces during the immediate hostilities at sea. These cases highlight a strategic tension that increasingly confronts modern navies. On the one hand, they are expected to conduct persistent, low-intensity maritime security tasks such as counterpiracy, maritime policing, and the protection of commercial shipping. On the other hand, they face renewed pressure to prepare for high-intensity conflict against peer and near-peer adversaries amid the return of great power competition.

Pieter ZHAO
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Framework Nation: A European Challenge and French Ambition

Date de publication
10 June 2026
Accroche

First appearing in the early 2000s, the framework nation concept follows several distinct rationales, whether it refers to a country assuming the leadership of a military operation, directing a multinational capability project, or commanding a permanent force structure. In every case, the country that takes on this role fully intends to derive from it additional politico-military influence.

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The Nuanced Relationship Between Public Opinion and Foreign Policy

Date de publication
23 July 2026
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Public sentiment is something decision-makers must contend with, especially in democratic states. However, the extent to which public opinion shapes foreign policy varies. Three Council of Councils experts in France, India, and Nigeria reflect on how public opinion does—and sometimes does not—affect foreign policy decisions.

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Taking the Pulse: Enough with the Annual NATO Summits, Already?

Date de publication
16 July 2026
Accroche

Over the past ten years, NATO has held almost as many summits as it did during the entirety of the Cold War. Are they still useful, or is it time to stop holding annual meetings?

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Des piles d'argent et un réservoir devant un globe symbolisant l'armement et la finance mondiale
Goxia/ Shutterstock

How can this study be cited?

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Amélie FÉREY, Laure de ROUCY-ROCHEGONDE, « “Don’t Bank on the Bombs” New European Standards Affecting the Defense Industry », Memos, Ifri, 22 September 2022.
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“Don’t Bank on the Bombs” New European Standards Affecting the Defense Industry