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1. The Future of EU Blended Finance and Guarantees: An Assessment of Cooperation Strategies with Least Developed Countries in Africa

Author:
Erik Lundsgaarde
Publication Date:
01-2023
Content Type:
Working Paper
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
The European Fund for Sustainable Development Plus (EFSD+) is a core element of EU development cooperation and reflects the EU’s strong commitment to deploying blended finance and guarantees as development financing tools. This discussion paper examines the EU’s intentions concerning how the EFSD+ will be integrated into geographic programmes, focussing on the least developed countries (LDCs) in Africa. Based on a review of the Multiannual Indicative Programmes (MIPs) for 30 African LDCs as well as the regional MIP for Sub-Saharan Africa covering the period 2021-2027, the paper provides an overview of funding reserved for EFSD+ implementation in geographic programmes, identifies the expected EFSD+ sectoral priorities and summarises references to development finance institutions (DFIs) as EFSD+ implementation partners. This descriptive review highlights issues for the future monitoring and assessment of the EFSD+. The paper points to uncertainty about the magnitude of the management challenge that EU institutions face in EFSD+ implementation given the difficulties of predicting the scale of guarantee-backed operations in individual countries, the lack of information on the expected volume of blended finance operations, and the limited analysis of how EFSD+ tools relate to other EU funding approaches. The paper also notes that EU institutions should be more explicit about the criteria shaping EFSD+ resource commitments to clarify relevant prerequisites for the effective deployment of EFSD+ tools. Finally, the broad thematic scope for EFSD+ use implies that knowledge about how blended finance and guarantees function and how the financing approaches interact with other interventions needs to increase throughout the EU system.
Topic:
Development, European Union, Finance, Sustainability, and Cooperation
Political Geography:
Africa and Europe

2. Istanbul Journal of Economics: Volume 72 Issue 2

Author:
Gökhan Karabulut
Publication Date:
06-2022
Content Type:
Journal Article
Journal:
Istanbul Journal of Economics
Institution:
Istanbul University Faculty of Economics
Abstract:
Istanbul Journal of Economics-İstanbul İktisat Dergisi is an open access, peer-reviewed, scholarly journal published two times a year in June and December. It has been an official publication of Istanbul University Faculty of Economics since 1939. The manuscripts submitted for publication in the journal must be scientific and original work in Turkish or English. Being one of the earliest peer-reviewed academic journals in Turkey in the area of economics, Istanbul Journal of Economics-İstanbul İktisat Dergisi aims to provide a forum for exploring issues in basicly economics and publish both disciplinary and multidisciplinary articles. Economics is the main scope of the journal. However, multidisciplinary and comparative approaches are encouraged as well and articles from various social science areas such as sociology of economics, history, social policy, international relations, financial studies are welcomed in this regard. The target group of the journal consists of academicians, researchers, professionals, students, related professional and academic bodies and institutions.
Topic:
Economics, Islam, Religion, Communications, Natural Resources, Finance, Internet, Economic Growth, Macroeconomics, Currency, Unemployment, Sustainability, COVID-19, BRICS, Labor Market, Economic Stability, Consumer Behavior, Rent-seeking, Energy, and Wages
Political Geography:
Europe, Turkey, and Asia

3. Achieving the full potential of sustainable finance: The role of national, European and international initiatives

Author:
Eva De Francesco
Publication Date:
07-2022
Content Type:
Working Paper
Institution:
European Policy Centre (EPC)
Abstract:
When signing the 2016 Paris Agreement, a legally binding international treaty on climate change, world leaders agreed to pursue the ambitious goals of achieving climate neutrality and mitigating the effects of climate change. Almost every country around the globe recognised that business-as-usual is not an option if we are to save the planet and human existence. As a result of this realisation and commitment, different green measures are being taken globally, regionally, locally; at all levels of societies; and in the public and private sectors. Redirecting capital flows toward a green economy is an important part of measures to take, so it is no surprise that there is a growing interest in using environmental, social and corporate governance (ESG) factors as guidance points for both public and private investors. However, there is still much to be done to ensure not just sufficient investment volumes but also that investments labelled as ‘sustainable’ do, in fact, contribute to climate action objectives. In order to realise ESG markets’ full potential in supporting the global transition towards a climate-neutral economy, further effort is especially needed in the following three areas: Policymakers at all levels must urgently address greenwashing and the lack of transparent and comparable ESG data. In the context of sustainability reporting, double materiality approaches are better suited to address the urgency of climate change. Policymakers at all levels must ensure the interoperability and alignment of the rapidly evolving sustainability reporting initiatives.
Topic:
Climate Change, Finance, Sustainability, and Green Transition
Political Geography:
Europe

4. Through the Lenses of Morality and Responsibility: BRICS, Climate Change and Sustainable Development

Author:
Goktug Kiprizli
Publication Date:
08-2022
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
International Relations Council of Turkey (UİK-IRCT)
Abstract:
The aim of this article is to shed a broader light on the social identity of the BRICS group of countries (Brazil, Russia, India, China, and South Africa) whose growing economic power is the defining motive of their social construct in international relations. In line with this purpose, the article examines the BRICS nations’ positions concerning the moral aspect and the notion of responsibility for the nexus between climate change and sustainable development. This article argues that their statements and discourse on climate change and sustainable development forge the process of constructing a separate group identity for the BRICS partners. The articulation of moral appraisals and the notion of responsibility in the areas of climate change and sustainable development help the BRICS countries build their self-conception and self-categorization corresponding to their identity as emerging powers, so their actions are accomplished accordingly.
Topic:
Development, Sustainability, BRICS, Morality, Identity, and Emerging Powers
Political Geography:
Africa, Russia, China, Europe, India, Asia, South Africa, Brazil, and South America

5. Analyzing European Union Institutions’ Flows for Total Official Support for Sustainable Development

Author:
Brian Tomlinson
Publication Date:
02-2022
Content Type:
Research Paper
Institution:
Oxfam Publishing
Abstract:
This report analyses the first round of Total Official Support for Sustainable Development (TOSSD) data from European Union (EU) Institutions. The EU is a key stakeholder in the development of TOSSD, as Co-Chair of the International TOSSD Task Force, and in the promotion of this as an essential metric in the implementation of Agenda 2030. It is our hope that this paper’s detailed examination of the scope of what has been reported by the EU Institutions identifies trends and issues arising from the first reporting round for TOSSD, which can be addressed going forward. It is timely to acknowledge the level of transparency in the proceedings of the TOSSD Task Force, which has been open to comments and suggestions since its inception, and has recently seated CSO representatives as observers. This transparency has put into practical effect the notion that data validation can, to some extent, be entrusted to third parties provided that the relevant information is available to all interested stakeholders on a timely basis. Good norms, such as good reporting instructions, can help steer the development agenda in the right direction for the benefit of the communities of the Global South.
Topic:
Development, Regional Cooperation, European Union, and Sustainability
Political Geography:
Europe

6. The United nations and Sustainable Development: UNDP in the Fight Against Poverty in Montenegro

Author:
Danilo Djikanovic
Publication Date:
06-2022
Content Type:
Journal Article
Journal:
Journal of Liberty and International Affairs
Institution:
Institute for Research and European Studies (IRES)
Abstract:
The paper analyzed the challenges of poverty in Montenegro. It provided an overview of the structure and scope of UN action in Montenegro and general sustainable development policies and their national implementation. The objective was to research the contributions of the UN system to the sustainable development of Montenegro while focusing on the role of the UNDP in eradicating poverty. The methodology consisted of the literature overview and the case scenario analysis of integrated social protection and employment policies. In addition, secondary data analysis has been employed to complement the research findings. The paper has identified the national socio-economic situation and the contributions of the UNDP in eradicating poverty through the design and implementation of integrative policies. The research proved the importance of the UNDP in fighting poverty in Montenegro and the effective role of the UN in achieving sustainable development.
Topic:
Development, International Cooperation, Poverty, United Nations, and Sustainability
Political Geography:
Europe and Montenegro

7. Digitalisation for Sustainable Infrastructure: The Road Ahead

Author:
Carlo Secchi and Alessandro Gili
Publication Date:
10-2022
Content Type:
Working Paper
Institution:
Italian Institute for International Political Studies (ISPI)
Abstract:
In today’s tumultuous and fast-changing times, digitalisation and technology are game changers in a wide range of sectors and have a tremendous impact on infrastructure. Roads, railways, electricity grids, aviation, and maritime transport are deeply affected by the digital and technological transition, with gains in terms of competitiveness, cost-reduction, and safety. Digitalisation is also a key tool for fostering global commitment towards sustainability, but the race for digital infrastructure is also a geopolitical one. As the world’s largest economies are starting to adopt competitive strategies, a level playing field appears far from being agreed upon. Why are digitalisation and technology the core domains of global geopolitical competition? How are they changing the way infrastructure is built, operated, and maintained? To what extent will road, rail, air, and maritime transport change by virtue of digitalisation, artificial intelligence, and the Internet of Things? How to enhance cyber protection for critical infrastructure? What are the EU’s, US’ and China's digital strategies?
Topic:
Science and Technology, Infrastructure, European Union, Sustainability, and Digitalization
Political Geography:
China, Europe, Asia, North America, and United States of America

8. Sugar: Sustainability, Consumer Sentiment, and Regulation

Author:
Mimi Goodall
Publication Date:
12-2022
Content Type:
Case Study
Institution:
Oxford Centre for Global History
Abstract:
In September 1591, Queen Elizabeth I of England stopped at the home of the Earl of Hertford, Elvetham Hall in Hampshire, to spend a few nights. The Queen was on her annual progress – an extended trip she took around the country every summer. She would leave her royal residence and stay at the large houses of her courtiers over the course of several months. From these rural locations she would take the time to meet some of the ordinary people living in her kingdom. Having the Queen to stay was a great honour for a courtier, but it was a tremendously expensive occasion. Each residence had to be fit, quite literally, for a queen. Even though she and her companions would only stay for a few nights, it would take weeks to prepare the entertainments, accommodation, and, of course, the food that would be on offer. In September 1591, the Earl of Hertford spared no expense. The second night’s entertainment at Elvetham was reported to be quite the culinary spectacle: 100 torchbearers illuminated a banquet served in the garden, with over 1,000 dishes on the table. The most impressive and curious of them all were statues made from sugar: “Lions, Vnicorns, Beares, Horses, Camels, Buls, Rams, Dogges, Tygers, Elephants, Antelops, Dromedaries, Apes, and all other beasts”, all of them rendered in sugar. Of the thousand dishes at the table, it was the ones made from sugar that were most noteworthy. The Queen famously enjoyed sweet and sugary food. A German visitor to her court described her blackened teeth and blamed the defect on “too great use of sugar”.
Topic:
Regulation, Sustainability, Consumer Behavior, and Sugar
Political Geography:
Europe and England

9. Incentivising Investment in Human Capital through the European Fund for Sustainable Development

Author:
Mikaela Gavas and Samuel Pleeck
Publication Date:
05-2021
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
As the EU prepares to significantly scale up its deployment of blended finance, guarantees, and other risk-sharing tools aimed at stimulating investment in developing countries, and, in the face of spiralling needs as a result of COVID-19, this paper analyses how the EU could use its development budget to incentivise private investment in human capital. The paper provides three contributions. First, it gives an overview of the allocation of the EU’s external investment to date. Second, based on interviews with stakeholders, it documents cases of private investment in health and education while exploring some of the barriers to a higher share of investment in these sectors by the EU and its development finance partners. Finally, it puts forward a set of proposals for how to steer greater European external investment through the European Fund for Sustainable Development Plus (EFSD+) toward human capital.
Topic:
Development, Regional Cooperation, European Union, Investment, Human Capital, and Sustainability
Political Geography:
Europe

10. Progress of the Debate on Sustainable Farming in the EU

Author:
Melchior Szczepanik
Publication Date:
11-2021
Content Type:
Special Report
Institution:
The Polish Institute of International Affairs
Abstract:
In October, the European Parliament approved the goals set by the European Commission (EC) in the Farm to Fork Strategy. This boosted the effort to reduce the negative effects of agriculture on the climate and environment. The details of the strategy must, however, still be negotiated, with the majority of Member States less enthusiastic about the planned reforms than MEPs. Certain sectors of the agri-food industry are striving to slow the transformation. In October, the European Parliament approved the goals set by the European Commission (EC) in the Farm to Fork Strategy. This boosted the effort to reduce the negative effects of agriculture on the climate and environment. The details of the strategy must, however, still be negotiated, with the majority of Member States less enthusiastic about the planned reforms than MEPs. Certain sectors of the agri-food industry are striving to slow the transformation.
Topic:
Climate Change, Environment, European Union, Sustainability, and Farming
Political Geography:
Europe

11. The European Green Deal: How to turn ambition into action

Author:
Annika Hedberg
Publication Date:
11-2021
Content Type:
Working Paper
Institution:
European Policy Centre (EPC)
Abstract:
The pressure is on. The climate and ecological crises are accelerating and there is growing recognition that business as usual is not an option. The EU can and should play a major role in addressing the planetary crisis, in enabling and accelerating the transition to a more sustainable world. It can do this by acting as a rule-maker and enforcer; as an economic powerhouse; as a source of significant funding within the EU and beyond, as well as a mobiliser for private financing; as a convening power; as an innovator and developer of new solutions; as a standard-setter; as a major producer and consumer. The European Green Deal is crystal clear in its ambition. However, as this ambition and its goals are turned into policies and initiatives, the greatest challenge lies in the ‘how’. How to turn the ambition of the European Green Deal into real action and real results? This paper argues that to achieve the goals of the European Green Deal and leverage impact beyond EU borders as well, there are five fundamental strands of action for the EU and its member states: Leadership that communicates the urgency for action. Europe needs leaders - be it politicians, policymakers, media, heads of military or other opinion influencers - that communicate clearly the direction of travel and remind the public of the benefits of action as well as the costs of inaction for the economy, society and people. Aligning member state action with the agreed goals requires political will, ownership of the needed measures and recognising that urgent action is in every nation’s interest. This calls for using every tool in the kit, including EU policies, investments and collective action, to get on the right track. It requires addressing existing incoherencies in the policy and investment framework as well as better enforcement of existing rules. Bringing business along: The EU needs to help create the right framework conditions for European businesses – big and small - to succeed in the transition and to become a leader in those solutions that are increasingly demanded in- and outside of the EU. Bringing people along: Reaching the agreed goals requires communicating and showing the benefits that the measures will bring to people; managing the social impact on the most vulnerable in particular; and providing people with the right tools to engage in the transition. Global action: The EU should lead by example but also collaborate with other major players in addressing the climate and the wider sustainability crises. When the EU speaks and acts as one, it can be more powerful and impactful globally than the sum of its parts.
Topic:
Climate Change, European Union, Leadership, Economy, Sustainability, and Green Deal
Political Geography:
Europe

12. The Contribution of Parliament's to Sustainable Development Goal 16 Through Security Sector Governance and Reform

Author:
Merle Jasper
Publication Date:
11-2021
Content Type:
Case Study
Institution:
Geneva Centre for Security Sector Governance (DCAF)
Abstract:
The United Nations’ 2030 Agenda is a global action plan for sustainable development and a key priority for the UN and its member states. Within the 2030 Agenda, SDG 16 has a pivotal role highlighting the security-development nexus and emphasizing the need for strong institutions which adhere to good governance principles. The achievement of SDG 16 requires that national security sectors are well governed, subject to civilian oversight, and respectful of human rights and the rule of law. Against this background, this case study compilation circles in on parliaments, as key oversight actors, and questions how they contribute to SDG 16 through their role in security sector governance and reform. It is based on an explorative review of four country studies on Colombian, Georgia, Nigeria and the Philippines, written by regional experts. Their observations form the foundation for a comparative analysis of common challenges and effective practices of parliaments contributing to the achievement of SDG 16.
Topic:
Security, Development, Governance, Reform, Sustainable Development Goals, Sustainability, and Parliamentarism
Political Geography:
Africa, Europe, Asia, Philippines, Colombia, South America, Georgia, Nigeria, and Oceania

13. Greenwashing under growing regulatory scrutiny

Author:
Busisipho Siyobi
Publication Date:
05-2021
Content Type:
Special Report
Institution:
Good Governance Africa (GGA)
Abstract:
On 10 March 2021, a set of ‘green finance’ rules designed by the EU to prevent greenwashing – the act of claiming that a fund is sustainable when in reality it is working against sustainability objectives – was applied to certain financial services sector firms in the EU. These rules – known as the EU Sustainable Finance Disclosure Regulation (SFDR) – effectively categorise products as sustainable and non-sustainable. Asset management firms will be subject to rigorous disclosure requirements should they want to credibly market their funds as promoting sustainability. These rules are an attempt to regulate what is currently a disordered market, where firms are quick to employ the ESG concept for marketing purposes, but investors have no way of ascertaining whether the claimed credentials are legitimate or verifiable. In our view, this regulatory trend towards preventing concept abuse is a welcome development and will help to separate the wheat from the chaff in a world that is under immense pressure to achieve low-carbon growth. Early adopters of ESG principles – those who mainstream social and environmental responsibility into how the firm is governed – will see optimal long-run returns. Those who engage in greenwashing or are too slow to adapt will suffer long-run decline.
Topic:
European Union, Finance, Business, Sustainability, and Greenwashing
Political Geography:
Africa and Europe

14. The EU Green Deal and Its Industrial and Political Significance

Author:
Hosuk Lee-Makiyama
Publication Date:
02-2021
Content Type:
Policy Brief
Institution:
European Centre for International Political Economy (ECIPE)
Abstract:
The European Green Deal, the flagship initiative of the incumbent European Commission, aims to cut greenhouse gas (GHG) emissions to 55% by 2030 (from the current target of cutting 40% of 1990 levels) by overhauling fiscal, trading and regulatory regimes. Brussels is well-placed to deliver the interregional distribution or the minutiae of technical regulations that this challenge calls for. Energy diversification is also central to EU competitiveness and strategic autonomy. But this initiative is not costless: its official impact assessment points to a GDP loss of additional -0.3 to -0.7%, by 2030, relative to the previous level of ambition. The full loss could be up to -2.5%. These costs are also unevenly, and the inability to cushion asymmetrical shocks have nearly torn the Union apart in the past. A carbon-neutral Europe could also make losers out of today’s winners among stakeholders and give the EU a significantly different industrial structure, forcing over-exporting Northern Europe into reforms that are probably overdue. Most importantly, the gap between the financing needed and the financing available is unprecedented. The success of the European Green Deal and a cost-efficient transition hinge on the rapid and effective mobilisation of investments – as the diffusion period for new energy-related technology is 40-50 years. Therefore, a smart climate policy does not just distribute costs and investments between different groups, but also over time: The investments are needed now, if we are to reap their benefits before 2050.
Topic:
Environment, Industrial Policy, International Political Economy, European Union, Green Technology, Sustainability, and Green Deal
Political Geography:
Europe

15. Accounting for climate policies in Europe’s sovereign debt market

Author:
Marta Dominguez-Jimenez and Alexander Lehmann
Publication Date:
05-2021
Content Type:
Policy Brief
Institution:
Bruegel
Abstract:
International debt investors increasingly demand assets that are aligned with environmental, social and governance objectives. Sovereign debt is being belatedly swept up in this change. This huge asset class represents a uniquely long-term claim and funds a wide range of public expenditure, both brown and green. Public capital expenditures will be a central part of the roughly €3 trillion investment budget needed to pay for the European Green Deal. European Union countries have so far met investor appetite for climate-aligned assets through sovereign green bonds, the issuance of which has rapidly grown since 2017. The EU itself will also issue green bonds in large volumes. However, because of some inherent flaws in such instruments and as their still-weak frameworks, these bonds are unlikely to meet the environmental criteria demanded by investors, and will complicate established principles in sovereign debt management. Much more comprehensive information is needed on the climate related aspects of the public budgets of EU countries. Greater transparency in this respect would support stability and improve the functioning of capital markets, given that sovereign debt plays a pivotal role in all investor portfolios and also in regulatory and monetary policy. Adoption by sovereign issuers of green budgeting principles, based on a common taxonomy of sustainable activities, would enhance transparency. It could also be driven by investors who, under new EU rules, must disclose the climate-related aspects of all financial instruments offered in the capital market.
Topic:
Climate Change, Debt, Markets, Sovereignty, European Union, Finance, and Sustainability
Political Geography:
Europe

16. Municipal Development Policy in Germany: Current Status and Prospects

Author:
Christopher Wingens, Paul Marschall, and Eva Dick
Publication Date:
01-2021
Content Type:
Policy Brief
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
German municipalities are getting increasingly involved in development policy work in Germany and abroad, with the nature of that involvement becoming ever more diverse. However, very little is known about the background or the type of these activities. Against this backdrop, the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) has conducted a study of municipal development policy (MDP) in Germany. Financed by the Service Agency Communities in One World (SKEW) of Engagement Global, this research drew upon a previous study carried out by DIE in 2009 (Fröhlich & Lämmlin, 2009) with the aim of identifying the current status of and trends in development for this policy area. To this end, DIE collaborated with the German Institute for Development Evaluation (DEval) to conduct a survey of municipalities throughout Germany. In addition, semi-structured qualitative interviews were held with representatives of municipalities and relevant national and federal-state institutions. As the results show, involvement in MDP on the part of German municipalities is increasing in the context of enabling national policies and changing frameworks for international cooperation (e.g. 2030 Agenda). Large municipalities engage far more often in development policy than small municipalities. The latter often focus on low-threshold activities with fewer requirements for project management, such as the promotion of fair trade. In a number of cases, small municipalities carry out projects based on inter-municipal cooperation. MDP covers many different topics, from information and education work to diverse forms of partnerships with municipalities in the Global South. The number and variety of stakeholders involved in the municipal administration partnerships are increasing, along with the functions they carry out. Municipalities serve as implementing agents, facilitators and networkers. They are partly motivated in their international work and corresponding activities by self-interest. Their involvement, for instance, may allow them to take on international responsibility or increase their appeal as an employer to new recruits. Development policy is a shared responsibility of the German national government, federal states and municipalities. MDP is a voluntary municipal activity and is thus not practised everywhere. Human resources are often insufficient and the required knowledge is difficult to obtain. In some cases, municipalities consider the expenditure associated with the management of MDP projects to be too high. Nonetheless, municipalities make a key contribution to transnational sustainability policy through their work, most especially by enabling global objectives to be localised and/or contextualised. One of the specific benefits of MDP is its proximity to citizens and direct contact with local stakeholders in Germany and abroad. However, when measured using conventional metrics and indicators for development cooperation (such as Official Development Assistance, ODA), the municipal contribution is still insufficiently discernible. It is important to continue providing support to municipalities, with as little red tape as possible, in order to fully exploit the potential MDP has in municipalities that are already involved in this work and those which are not yet involved.
Topic:
Development, International Cooperation, Sustainability, and Municipalities
Political Geography:
Europe and Germany

17. The European Central Bank’s Monetary Policy Strategy Review: the key to a return to sustainable growth in Europe

Author:
Nicolas Goetzmann
Publication Date:
05-2021
Content Type:
Policy Brief
Institution:
Robert Schuman Foundation (RSF)
Abstract:
On 23 January 2020, a few weeks before the Covid19 pandemic began, Christine Lagarde, President of the European Central Bank (ECB), announced that a "strategy review" would be held with the aim of evaluating the monetary policy conducted since May 2003, the date of the last "review". Faced with an inflation rate significantly below 2%, whereas its objective is "below but close to 2% over the medium term", the ECB had no choice but to carry out such a procedure.
Topic:
Monetary Policy, Economic Growth, European Central Bank, and Sustainability
Political Geography:
Europe

18. The Future is Green, Digital and Social: Europe’s new growth model and its Recovery Plan

Author:
Christina Kattami
Publication Date:
07-2020
Content Type:
Policy Brief
Institution:
Hellenic Foundation for European and Foreign Policy (ELIAMEP)
Abstract:
The policy brief* outlines the agenda of the new Commission before the outbreak of the coronavirus pandemic, and aims to analyse the ways in which the crisis has reinforced and strengthened key points of that agenda. It further outlines the Commission’s Recovery Plan proposal, and examines its links to the aspiring green and digital transition. Finally, it showcases the legal base and timeline of the Recovery Plan proposal and highlights the main points of agreement and contention across the Member States, outlining the July deal of the European Council and the ensuing resolution of the European Parliament. It overall argues for the need of a holistic recovery, that takes into account the unprecedented policy window brought by public and private funding, and ensures that the eventual indebtedness of the next generation is at least compatible with the aspirations and goals of an economy and society of the future.
Topic:
Science and Technology, European Union, Economic Growth, Institutions, Coronavirus, and Sustainability
Political Geography:
Europe

19. The Transformation of the European Union: The Impact of Climate Change in European Politics

Author:
Xira Ruiz-Campillo
Publication Date:
07-2020
Content Type:
Special Report
Institution:
Unidad de investigación sobre seguridad y cooperación (UNISCI)
Abstract:
It is evident that climate change has impacted our lives and our environment. Without any doubt, it was developed countries the most responsible for accelerating that change in our climate although developing countries are increasingly greatly contributing to it. It is our responsibility as human beings to leave future generations with a better world or, at least, not one worse. We are not the owners, but only the casual dwellers of a planet that has given us the opportunity to live and to enjoy a breathtaking environmental wealth that we must preserve. It is the duty of all countries and citizens to take care of what we have been given for the years we are here, and it is our responsibility to analyse the best way of doing that. This is the introduction to a book that is a collective effort made by eight women concerned and united by the research on climate change, sustainability and cooperation policies within the European Union. This work tries to shed light on the evolution the European Union has experienced since 1992 in its fight against climate change in the search of a more sustainable Europe. Without wanting to be exhaustive, the book aims to depict the evolution of the European Union’s policies on climate, cooperation, sustainability, security, economy and energy with the final aim of being a trustworthy and reliable actor at the international level. The impact that international agreements on climate, cooperation and sustainability have had on European policies is analysed in different chapters.
Topic:
Security, Climate Change, Treaties and Agreements, European Union, and Sustainability
Political Geography:
Europe

20. On the road to sustainable mobility: How to ensure a just transition?

Author:
Sofia López Piqueres and Sara Viitanen
Publication Date:
12-2020
Content Type:
Policy Brief
Institution:
European Policy Centre (EPC)
Abstract:
As the European Commission launches its long-awaited Strategy for sustainable and smart mobility, EU and national efforts to continue the transition to sustainable mobility will ensue. However, the green transition often overshadows and, at times, even comes at the expense of the most affected and vulnerable groups of society. The precarious, the elderly, people with disabilities and rural residents still face unfair conditions and access to mobility. Green alternatives are often scarce and far away, if they exist at all. Sofía López Piqueres and Sara Viitanen highlight the lack of inclusiveness in and the omittance of rural areas from European mobility systems and outline 11 recommendations which would ensure distributional justice, procedural justice and recognition justice. The carrots and sticks that are used to incentivise people to adopt more sustainable mobility options must be carefully studied. Moreover, process matters. Achieving buy-in for the transition requires considering the varying needs of people and placing special focus on vulnerable groups with limited mobility options, who may end up carrying a disproportionate cost of the transition without seeing the immediate benefits. It is time to accelerate the transition towards a climate-neutral economy and society with mobility systems that are both environmentally friendly and socially just.
Topic:
Climate Change, European Union, Green Technology, and Sustainability
Political Geography:
Europe

21. Doing business the right way: Pushing for green and social corporate governance

Author:
Sofia López Piqueres
Publication Date:
05-2020
Content Type:
Policy Brief
Institution:
European Policy Centre (EPC)
Abstract:
Reforms to corporate governance and EU company law could support the Union’s recovery efforts and promote a sustainable economy at the same time. This Policy Brief assesses two instruments in the EU corporate governance toolbox: the Non-Financial Reporting Directive (NFRD), which requires large companies to disclose information about how they are run and how their activities impact the environment and human rights, and the Shareholder Rights Directive II (SRDII), which aims to strengthen the position of shareholders and reduce short-termism and excessive risk-taking by companies. It also covers the principle of shareholder primacy – the idea that shareholder interests should take precedence over all else – and executive remuneration.
Topic:
Governance, Law, Reform, European Union, Business, and Sustainability
Political Geography:
Europe

22. Towards a green, competitive and resilient EU economy: How can digitalisation help?

Author:
Annika Hedberg and Stefan Sipka
Publication Date:
07-2020
Content Type:
Working Paper
Institution:
European Policy Centre (EPC)
Abstract:
EU leaders stress the importance of the green transition and digital transformation and consider it crucial to the EU's recovery from the coronavirus crisis. Rightly so. Aligning the EU's green and digital transition policies carries enormous potential and should become central to the Union's efforts to create a competitive and sustainable climate-neutral economy. The European Commission's Green Deal proposal – supported by, for example, the Industrial Strategy, the Circular Economy Action Plan and Digital Strategy – already recognises that the two transitions are closely linked. But the EU should go a step further. It should lead the way and ensure that digitalisation enhances environmental protection and climate action and that the digital sector becomes greener. The findings in this paper are the result of a year-long EPC research project commissioned by the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU).
Topic:
Science and Technology, European Union, Economy, Green Technology, and Sustainability
Political Geography:
Europe

23. TIME TO STEP UP EU MEDIATION?

Publication Date:
06-2020
Content Type:
Special Report
Institution:
European Institute of Peace (EIP)
Abstract:
The need and scope for conflict resolution and mediation is going up. The numbers of people affected by violence and conflict is increasing. The world is disfigured by prolonged, internationalised civil wars and growing civil unrest. Great power politics are resurgent, the conventions regulating states’ behaviour are fraying, and international law and human rights are being eroded. Profound demographic and climatic changes, the emergence of new technologies and of threats are changing the global landscape in ways that should bring humanity together but too often are exploited for commercial and political gain, driving insecurity and a sense of injustice. The EU has an enormous role to play in this context. It is a powerful global actor pursuing multiple objectives on the world stage. It is committed to human rights, gender equity, sustainable development and a rules based global order, and to supporting others that are taking action, whether inter- governmental and regional bodies such as the UN and AU, or civil society including at the very local level. But the EU also recognises, as the High Representative has put it, the need to learn “to use the language of power”, to deploy its capabilities, whether political, security, economic or regulatory, more strategically to shape reality, address the agents and drivers of violence, and secure peace. So what should the EU’s role in mediation be in this context? The review of the EU’s concept on mediation provides an excellent opportunity to generate debate and to define the parameters of the future of EU mediation frameworks. This study provides a snapshot of the views within the Brussels diplomatic and policy community. Even within this relatively confined universe, there is a very broad diversity of opinions.
Topic:
Conflict Resolution, Conflict Prevention, Civil War, Human Rights, Peacekeeping, European Union, Sustainability, Mediation, and Civil Unrest
Political Geography:
Europe

24. The Role of Trade Policy in Promoting Sustainable Agriculture

Author:
Philipp Lamprecht and Fredrik Erixon
Publication Date:
01-2020
Content Type:
Research Paper
Institution:
European Centre for International Political Economy (ECIPE)
Abstract:
There is now a long history of countries improving sustainability standards in most parts of the economy while at the same time pursuing the ambitions of rules-based international trade and economic integration with other countries. It is not surprising that countries at the vanguard of sustainability also tend to be the countries that are most open to trade. This Report looks closer at the interplay between the formulation of domestic standards and provisions in Free Trade Agreements that either acknowledge domestic standards or establish standards in a direct way. This interplay is crucial for two reasons: first to establish market access arrangements that help to promote sustainability standards, second to provide the policy basis to make standards and possible market access restrictions conducive to basic trade rules. It lays a focus particularly on the growing importance of sustainability standards in international trade agreements, or Free Trade Agreements (FTAs) – in particular for the food sector. Such standards are relevant for all new high-ambition Free Trade Agreements – from the EU-Japan Economic Partnership Agreement to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership between eleven trans-pacific nations. The Report considers especially nine modern FTAs. The purpose of the Report is to investigate how governments with high sustainability ambitions approach the issue of trade and sustainability – in particular how they work with, on the one hand, specific provisions in FTAs and, on the other hand, the development of domestic standards and their linkage to trade. The Report also looks directly at how these standards are designed, and what lessons that can be learned for governments that want to raise sustainability ambitions. It puts the results of the analysis in the context of Norwegian ambitions to improve its sustainability standards for food placed on the Norwegian market. The analysis of how trade and sustainability have been made compatible starts with the rules of the World Trade Organisation (WTO). These rules are important in their own right, but they also carry political significance. WTO-rules form the basis of the bilateral free trade agreements that countries sign with each other – and that now make up the main plank of international trade negotiations. In the language of the WTO, basic trade rules serve to protect the principles of national treatment and non-discrimination. Sustainability policies that are grounded on solid evidence and that follow international scientific norms will be compatible with WTO rules. Sustainability policies that confer advantages to domestic producers or that are arbitrary will get a harsh treatment. Consequently, the bilateral free trade deals that the European Union or the European Free Trade Area (EFTA) have concluded with other parts of the world are not just compatible with WTO rules, they rely on these rules as the foundation stone. Moreover, these rules inform governments how they should organise their sustainability policy if they also want the opportunity to take part in modern trade agreements. If countries aren’t willing to play by these rules, they should also accept that they won’t be able to enjoy the benefits of trade agreements. What member countries of the WTO have agreed in past multilateral trade accords are not a blockage of sustainability policy, but they bar countries from pursuing such policies in a way that would lead to unequal application of trade rules – between home and foreign producers, or between different foreign producers. In addition, it is of interest – also to the Norwegian policy discussion – to consider how EU policies are likely to change in the forceable future. The analysis provides a discussion of issues that are likely to remain very high on the agenda of the next European Commission. These include possible improvements in the TSD Chapters of trade agreements in particular with regard to enforcement mechanisms, the engagement of civil society, and climate action. Further policy highlights include a possible introduction of a carbon border tax, as well as the discussions related to due diligence of supply chains, and multilateralism. In terms of conclusions, the Report identifies four main observations that should inform future policy development in Norway: First, there is clearly a case to be made for aligning Norwegian trade policy to EU trade policy when it comes to provisions on trade and sustainability in Free Trade Agreements. Second, there is a substantial body of scientific evidence, risk assessments and international experience of standards in areas that are related to sanitary and phyto-sanitary standards and to environmental standards which any government that want to raise sustainability standards can draw on. Third, many countries struggle to formulate their domestic sustainability standards in a structured way. Arguably, this is a critical point for governments that are considering to introduce higher standards with consequence for market access for foreign producers. To avoid confusion or accusation of standards being a disguised trade restrictions, countries like Norway would have to structure and systematise its standards if the ambitions were to be raised and formed part of market access policy. A first step for a policy that seeks to condition import on the compliance with a stand is to make the standard clear and explicit. Fourth, there are direct and indirect relations between domestic standards and provisions in FTAs. FTAs often deal with policies that cannot be directly formulated in a domestic standard, like some aspects of labour laws. They also deal with other forms of standards that need policy convergence in order to guarantee smooth trade between the contracting parties. Generally, it cannot be said that the EU or other entities use FTAs to “regulate” or to establish the standard. That rather happens bottom-up – through domestic regulations that later get reflected in trade agreements.
Topic:
International Political Economy, International Trade and Finance, Partnerships, Global Markets, Free Trade, Trade, and Sustainability
Political Geography:
Europe and Global Focus

25. Sustainable finance: the road to greater energy security in the Visegrad region

Author:
Linda Zeilina
Publication Date:
06-2020
Content Type:
Policy Brief
Institution:
Europeum Institute for European Policy
Abstract:
Linda Zeilina wrote a policy paper as a part of the Think Visegrad platform on the topic of sustainable finance and energy security of the Visegrád group countries. The coronavirus outbreak has made the unthinkable happen, with major economies grinding to a halt and international travel coming to a standstill. Now, it is time to think what is often seen as unthinkable: to reimagine economic models and energy systems, and to position the Visegrad countries well for the economic models of the future. By doing so, the region will also make itself much more secure and prosperous.
Topic:
Security, Energy Policy, Finance, Coronavirus, and Sustainability
Political Geography:
Europe

26. Winds of Change, or More of the Same?

Author:
Tomas Jermalavicius, Priit Mändmaa, Emma Hakala, Tomas Janeliūnas, Juris Ozoliņš, and Krystian Kowalewski
Publication Date:
05-2020
Content Type:
Special Report
Institution:
International Centre for Defence and Security - ICDS
Abstract:
By coincidence perhaps more than design, the ‘winds of change’ in the twelve months between autumn 2018 and 2019 ushered in new governments—whether through national elections or through coalition reshuffling—in five Baltic Sea littoral states: Finland, Estonia, Latvia, Lithuania, and Poland. Yet, amidst sometimes rather turbulent domestic political debates, one key cluster of topics was virtually absent: energy security and climate policy. With the vital exception of Finland—a state with a relatively strong Green movement and long tradition of climate and environmental activism—no country saw climate or energy security targets raised as key campaign issues. To the extent that energy security and climate topics were mentioned at all, they either were minimized due to parties’ fear of alienating key voting blocs (as with the coal mining sector in Poland), confined to energy stakeholders and technical audiences due their complexity (as with electricity desynchronisation in the Baltic countries) or completely assimilated into a cross-party foreign policy consensus (as in the universal opposition in Lithuania to the Astravyets nuclear power plant project in Belarus). While domestic factors—including perceived national interests in ensuring energy self-sufficiency—contributed to a serious case of policy inertia, small and interconnected countries do not of course exist in a vacuum. Accordingly, international factors—from the continuing use of energy policy as an instrument of geopolitical power by Russia, to the growing consensus in the EU in favor of more ambitious climate targets—have done more to raise the salience of these issues, especially after the von der Leyen Commission took office in Brussels at the end of 2019 and put forward the so-called European Green Deal. These exogenous factors have finally, for instance, triggered a broader reassessment in Estonia of that country’s rather leisurely planned phase-out of oil shale power generation, while pushing political leaders in all five countries at least rhetorically to embrace the goal of a carbon-neutral future (albeit with considerable differences in timelines and methodology). Amidst a volatile international economic and geopolitical context that—since the time work began on this report—now includes a major global pandemic and a dramatic fall in fossil fuel demand and prices, the region’s political and economic leaders clearly cannot count on being able to make their policy selections in a vacuum. While the goal of an integrated regional energy market is closer than ever to being achieved, regional cooperation still has much to be desired; differing attitudes to issues both technical (e.g. harmonising natural gas regulations, which has left Lithuania outside a new regional market) or fundamental (importing third-country electricity generated without regard to EU climate or pollution standards) leave all five countries less able to respond to challenges ahead. While the region’s countries have largely relied on Brussels to broker compromises (often with the help of considerable funding), in a post-pandemic world, both the political bandwidth and financial resources will likely be constrained. In its country sections, this report captures a valuable snapshot of the relative inertia as well as the degree of evolution of the energy and climate policies of the five countries in the face of that year’s fairly calm international context. Given the significant economic, human, and political changes underway as a result of the pandemic, however, it is an open question to what extent the region can weather the far more turbulent times ahead. The political and societal willingness to pursue the energy transition to a carbon-neutral future through new—more ambitious and certainly more expensive—energy and climate policies as a response to the climate emergency will very much depend on how the impact of the pandemic plays out globally, in Europe and in the Baltic area. It will also require strong leadership from a new generation of political, business and societal leaders able to see green recovery as a major opportunity for their nations in terms of economic development, social welfare and national security.
Topic:
Security, Energy Policy, Environment, Politics, Governance, European Union, Economy, Sustainability, and Resilience
Political Geography:
Europe, Poland, and Baltic States

27. Are Agri-Food Workers Only Exploited in Southern Europe?

Publication Date:
07-2020
Content Type:
Special Report
Institution:
Open Society Foundations
Abstract:
In recent years, several studies have reported on the exploitation endured by migrant workers in Southern European Union member states—especially in sectors such as agriculture and food production. However, there has been much less focus on the North. New research now shows that agri-food workers in Northern Europe also face poor and even abusive conditions. In this light, Are Agri-Food Workers Only Exploited in Southern Europe? focuses on production in Germany, Netherlands, and Sweden. These three EU member states have stronger social protections than Italy, Spain or Greece—yet the dynamics driving wage compression and the violation of workers’ rights are like those in Southern Europe. This publication provides recommendations on how the EU and national governments can act to make Europe’s agri-food system more sustainable, benefiting farmers, consumers, workers, and the environment.
Topic:
Agriculture, Environment, Human Rights, Labor Issues, Sustainability, Farming, Exploitation, and Consumerism
Political Geography:
Europe, Northern Europe, and Southern Europe

28. Building an EU-Africa Partnership of Equals: A Roadmap for the New European Leadership

Author:
Anita Kappeli
Publication Date:
09-2019
Content Type:
Special Report
Institution:
Center for Global Development
Abstract:
The arrival of a new leadership team in Brussels provides an opportunity for Europe to reinvigorate its role as a global development power and to build a true partnership with its continental neighbour, Africa. These tasks have never been more urgent. With only 10 years to go, the world is far from achieving the Sustainable Development Goals (SDGs) by 2030. A confluence of well-documented global trends, including accelerating climate change, declining multilateralism, and the erosion of democratic norms, is only increasing the challenge.
Topic:
Development, Diplomacy, International Cooperation, European Union, Sustainability, and African Union
Political Geography:
Africa and Europe

29. In the Aegean, Energy Sustainability = Increased Security

Author:
Katerina Sokou and Aristotle Tziampiris
Publication Date:
10-2019
Content Type:
Commentary and Analysis
Institution:
The Begin-Sadat Centre for Strategic Studies (BESA)
Abstract:
The challenging geography of Greece makes it hard for the country to take full advantage of its natural resources and expand its energy grid. Though it has doubled its share of renewables, it needs to redouble those efforts to reach the EU’s ambitious goal of covering a third of its energy needs from renewable sources by 2030. The Greek islands that have been at the forefront of the migration and refugee crises would particularly benefit from a targeted policy to reach that goal, as the transition would increase their energy security, reduce their energy costs, and diversify their economies. Greece has the potential to be a model of sustainability that would enhance the stability of the entire Eastern Med.
Topic:
Security, Climate Change, Energy Policy, Natural Resources, Refugee Crisis, and Sustainability
Political Geography:
Europe, Greece, and Mediterranean

30. Are the Dutch really going green? Policy Brief Climate politics in the Low Lands (part two)

Author:
Paul Hofhuis
Publication Date:
09-2019
Content Type:
Policy Brief
Institution:
Clingendael Netherlands Institute of International Relations
Abstract:
This is the second Clingendael Policy Brief on climate policy development in the Netherlands. The first 'Are the Dutch going Green' was published in January 2019 and dealt with the political context and policy proposals made between autumn 2017 and the end of 2018. This policy brief focuses on the most recent developments until mid-September 2019. During this period the Dutch Parliament adopted a Climate Bill, provincial elections were won by a climate-sceptical party, and political agreement was reached on a comprehensive package of climate policies: the national Climate Agreement. This agreement, referred to as the ‘biggest refurbishment of the Netherlands since the Second World War’, was pre-cooked in an extensive negotiating process between government and civil society. The policies target especially the industrial, energy, transportation, housing and agriculture sectors. A key element of the societal debate focused on the costs of climate policies and how they should be allocated. In order to hammer out a political deal, the Dutch government had to change key assumptions of its constituting coalition agreement of 2017, and adjust some of the proposals developed by civil society, notably those favoured by industry. A lesson learned from the Dutch case is that setting ambitions may be relatively easy, but translating them into effective climate action is a tougher job, particularly when political decisions have to be taken on who will pay for what.
Topic:
Climate Change, Treaties and Agreements, Green Technology, and Sustainability
Political Geography:
Europe and Netherlands