Views: 64The European Commission published this September summer-23 economic forecast: main outcome is that the EU-27 economy continues to grow, although with reduced momentum, down to 0.8% in 2023, from 1% projected in the spring forecast and to 1.4% in 2024, from 1.7%. The forecast also “corrects” growth in the euro area to 0.8% in […]
Financing “green transition”: additional EU’s assistance
Views: 24Due to lack of resources for a proper national “green transition“ and climate mitigation, several EU member states (i.e. Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, and Slovakia) received recently sufficient support from the EU investment facilities. The amounts disbursed in June 2023 are bringing the total disbursements on “green transition” from […]
Securing sustainable future: UN SDG Summit this September
Views: 36The United Nations will convene the SDG Summit during 18-19 September 2023 in New York, during the General Assembly’s high-level week. With the 2030 Agenda for Sustainable Development at midpoint, world leaders will carry out a comprehensive review of the 17 SDGs, respond to the impact of multiple and interlocking crises facing the world […]
EU long-term-2027 budget: two years old revenue reform process
Views: 38With the set of new own resources and other reforms, the EU institutions would ensure that the European’s next generation will truly benefit from a set of the present transitional measures. As part of the political agreement on the 2027 long-term budget and the NextGenerationEU recovery instrument, the new reform package is expected to […]
“Green transition” issues: political economy’s complexities
Views: 37Most countries in the world, including both the US and the EU political economy’s governance, are deeply involved in delivering “green agendas” with massive investments in green growth and renewable technologies. Particularly, public green subsidies in the two big powers are aimed at encouraging private sector’s sustainable growth patterns. However, decision-making in green transition […]
Green transition: Europeans view the perspectives
Views: 38Over half of Europeans think that transition to a green economy should be accelerated regardless of the increasing energy price and concerns over reduced Russian gas supplies. Most people believe that climate change is a serious problem; but two-thirds agree that: a) the cost of damage due to climate change is much higher than present level […]
EU Climate issues and “carbon leakage”: towards “green growth” around the Baltic Sea
Views: 37Climate change has become a vital problem in Europe and the countries around the Baltic Sea Region, BSR. The EU-wide climate ambition with rather stringent climate policies in the member states (and in many non-EU countries) involves a risk of the “carbon leakage”, which occurs when companies based in the EU move carbon-intensive production […]
Achieving SDGs in energy, climate mitigation and business
Views: 44The European Commission actively supports the member states efforts both in preparing their long-term SDGs strategies and providing necessary information on energy sectors’ development by: a) the available and modern scientific knowledge in energy sector’s transition, and b) providing best practices and shared knowledge to support progressive measures in the member states’ energy efficiency. […]
The EU’s Erasmus+ program: additional efforts in global education
Views: 39The Commission selected 159 projects for funding under Erasmus+ program (Capacity Building for Higher Education), which supports the modernisation and quality assurance of higher education in third countries worldwide. These projects respond to the EU-wide aim of supporting international cooperation in the fields of higher education, improving education systems, as well as strengthening socio-economic […]
Sustainability reporting: common standards for businesses
Views: 51The EU’s governance has started intensive efforts to force corporate entities to implement sustainability and fulfill their obligations under the “green deal”. Present corporate sustainability reporting seems inefficient with gaps tarnishing public “green accountability”. The Commission has adopted common standards for companies to manage sustainability performance and make it more efficient with a better […]