scholarly journals Financing Sustainable Development: The Role of the European Union

Author(s):  
Sanja Franc ◽  
Vlatka Bilas

Objective – Sustainable development is a multidimensional concept and therefore requires a varied, nonetheless integrative approach to decision making, creation of policies and fundraising. The aim of this paper is to bring about the main sources of financing sustainable development, as well as to analyze the role of the European Union in supporting global sustainable development goals. Although the EU has welcomed the new global development agenda, and has an important role as a leading global donor of development aid, in order to meet miscellaneous expectations for development effectiveness, within the region and globally, it will need to further its efforts and make more concrete actions and changes towards the path of sustainability. Methodology/Technique - In investigating possible implication for financing sustainable development, authors refer to previous studies and EU reports. Findings - The findings presented implications that need to be done in order to achieve Sustainable Development Goals. Foremost, it depends on successful development of national policies, their synergy and coherence. Public and private, domestic and international sources have an important role in financing development. While a certain level of government involvement is needed in terms of its strategic role and ensuring appropriate public funds, the existence of a healthy and stable economic and political system in the country is more important for attracting private investors. Novelty - The study provides clear implications to finance sustainable development and role of EU in this. Type of Paper- Review Keywords - Sustainable Development, European Union, Financing Funds.

2021 ◽  
Vol 23 (4) ◽  
pp. 51-58
Author(s):  
ALEXANDER BUCHNEV ◽  

The article discusses the environmental features of the active use of renewable energy and its impact on the decarbonization process on the example of the EU countries to achieve sustainable development goals. The materials consider the comparative assessment of environmental impacts of renewable and nuclear energy in the context of assessing the carbon footprint of these types of energy, comparative analysis of harmful substances over the life cycle of an electric power generator, and the possibility of referring nuclear energy to renewable energy sources. The article discusses the stimulating role of the EU Taxonomy regulatory document, which was specially developed in the European Union. The document is part of the state regulatory policy in the conjugate development of renewable and non-renewable energy; the paper provides active support to subjects of innovation and investment activities, demonstrating the best performance in their segment or industry in terms of greenhouse gas emissions, and does not prevent the development and implementation of new low-carbon alternatives, including based on ESG. Particular attention is paid to the disposal of end-of-life equipment, including such promising areas as solvolysis technology. The author offers a number of recommendations for further improvement in this area of activity. The article shows the role of environmental costs in the tariffs for electricity production from different types of primary energy sources. The author examines the contribution of national economies of countries outside the European Union that have stabilized and reduced carbon dioxide emissions on a global scale.


Author(s):  
Axel Marx ◽  
Sukmawani Bela Pertiwi ◽  
Charline Depoorter ◽  
Michiel Hoornick ◽  
Tirta Nugraha Mursitama ◽  
...  

AbstractThis paper analyzes the current role of regional organizations in the implementation of the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs). We construct a conceptual model and distinguish four potential roles that regional organizations can play in the implementation of the SDGs: the translating role, supporting role, coordinating role and monitoring role. We apply this framework to the European Union and ASEAN. The case studies are analyzed on the basis of document analysis from primary and secondary sources, voluntary national reviews and interviews. We show that regional organizations play different roles in the implementation of the SDGs.


2021 ◽  
Vol 30 (3) ◽  
pp. 562-570
Author(s):  
Mariana I. Senkiv ◽  
Viktoriia S. Tserklevych

Modern approaches of understanding the concepts of accessible tourism for everyone are analyzed in this paper. Accessible tourism for everyone means that anytourism product should be designed irrespective of age, gender and ability, and with no additional costs for customers with disabilities and specific access requirements. The role of the principles of universal design for accessible tourism for everyone is described. In contrast to the concept of accessibility, which only applies to low-mobility categories of the population and focuses on physical access to transport and premises, as well as access to information, the concept of universal design emphasizes creating the same conditions convenient for all users, without impersonating any of them. The connection between accessible tourism for everyone and the goal of sustainable development is revealed. Accessible tourism for everyone significantly contributes to the achievement most of sustainable development goals. Three main prerequisites for the development of accessible tourism for everyone in the European Union are determined and characterized by: existing accessibilitylegislation and standards at the global, European and national levels, population ageing and increase in the number of people with disabilities. In Ukraine there is a lack of accessibility standards for tourism facilities and services. It is important to transfer experiences and knowledge that exists in the European Union to Ukraine and ensure an adapted implementation to local requirements. A map of the most accessible cities of the European Union is created and the quantitative distribution of these cities by country of ownership is presented. Accessible to all tourism chain is analyzed on the example of Ljubljana city in Slovenia, which was twice noted by the European Commission as one of the most accessible.


2020 ◽  
Vol 67 (4) ◽  
pp. 1309-1336
Author(s):  
Vlad Turcea

The present paper aims to highlight the discrepancies between two countries of the European Union, Romania and Denmark, in the perspective of the Sustainable Development Goals. As Denmark is seen as a primer European and Global nation in achieving the United Nations' targets, Romania can use this example as a guideline on how to act and to obtain the most notable results. The article proposes some key principles that Romanians could follow in order to successfully fulfill the 2030 Action Plan having, as an example, the strategies and indicators reached by Denmark. The current work paper is structured as a review of the two reports that voluntarily summarize the situation of the Sustainable Development Goals in each state, followed by a statistical analysis of investment behavior and concluded with an analysis of the most notable differences between the states based on the dataset published by Eurostat.


2016 ◽  
Vol 4 (5) ◽  
pp. 252-267 ◽  
Author(s):  
Wilfried Rickels ◽  
Jonas Dovern ◽  
Julia Hoffmann ◽  
Martin F. Quaas ◽  
Jörn O. Schmidt ◽  
...  

Author(s):  
José Miguel Rodríguez-Antón ◽  
Luis Rubio-Andrada ◽  
María Soledad Celemín-Pedroche ◽  
Soraya María Ruíz-Peñalver

AbstractThe European Union (EU) is trying to accelerate the transition from the current linear economy to a circular economy (CE). In fact, the CE is considered a tool to attain sustainable development goals (SDGs). In this sense, this paper aims at analysing the interaction between the CE and SDGs in the context of the new 2030 Agenda and the European CE strategy; thus contributing to the scarce empirical literature that links the potential of the European CE strategy to the achievement of the SDGs set by the 2030 Agenda. Three specific research questions have been formulated. First, could the objectives defined in the 2030 Agenda be considered homogeneous, and could they uniquely measure the concept of sustainability? Second, are there significant correlations between the implementation of a CE in the EU and the SDGs? Finally, is the behaviour of the 28 countries that make up the EU homogeneous in terms of the results of the initiatives aimed at the implementation of a CE? From these questions, nine hypotheses are put forward concerning the possible relationships between a CE implementation and the fulfilment of SDGs in the EU. Using a correlation analysis, an exploratory factor analysis, and a cluster analysis, it has been demonstrated that (a) SDGs do not univocally measure the concept of sustainability; (b) there are significant relationships between CE and SDGs in the EU; (c) the behaviour of these European countries is not homogeneous.


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