Category Archives: Tegevus

EU 2020 strategy – A strategy for smart, sustainable and inclusive growth – versus the Green New Deal

EUROPE 2020 (http://ec.europa.eu/eu2020) puts forward three mutually reinforcing priorities:

  • Smart growth: developing an economy based on knowledge and innovation.
  • Sustainable growth: promoting a more resource efficient, greener and more competitive economy.
  • Inclusive growth: fostering a high-employment economy delivering social and territorial cohesion.

THE FIVE EU HEADLINE TARGETS BY 2020

Employment: population aged 20-64 employment rate of 75% versus 69% today

Innovation: 3% of the EU’s GDP should be invested in R&D versus 1.9% today

Energy: “20/20/20” climate/energy targets should be met – it means a reduction of 20% of GHG emissions compared to 1990 levels (including an increase to 30% of emissions reduction if the conditions are right), a 20% increase in energy efficiency and a 20% renewable energy share in the Union’s final energy consumption

Education: The share of early school leavers should be under 10% and at least 40% of the younger generation should have a tertiary degree

Poverty: 20 million less people should be at risk of poverty

The GREEN NEW DEAL and the Greens-EFA view of the 2020 strategy

http://www.neweconomics.org/publications/green-new-deal

Free download of the 2008 publication of the Green New Deal Group – published by nef (the new economics foundation).

Following to the financial and economic crisis of 2008, European governments have launched national recovery packages with more or less green elements pushing green markets.

The green share of recovery programmes is part of a new strategy focussing on climate and energy issues and promoting eco-industries.

This strategy is called the Green New Deal. It comprises targeted state investments in activities that reduce the impact on the environment protecting water, air and soil.

Eco-industries can generate considerable turnover and employment, potentials for further growth. But green economic growth has to be supported while reducing the level of natural resource consumption.

Working and legislative programme of the European commission for 2010

President of the Commission Mr Barroso presented to the Members of the European Parliament in the plenary of the 20th of April his new programme for 2010 and beyond.

The main goals of this programme are to develop measures enabling the EU to get out of the economic and financial crisis and to establish a strong basis for sustainable growth.

Another priority is the stability of the Euro-zone. At the time, he stressed the financial mechanism of support for Greece, which was adopted on 11th of April, was ready to be activated by Greece in case this country would need it.

In this framework, the stability and growth pact should be reviewed with increased economic monitoring of the Member States and permanent mechanisms to be set up to resolve unexpected crisis situations.

The European commission is expected to communicate on enhanced coordination on economic policies to improve the use of the possibilities the Lisbon Treaty offers.

The Commission wants public financing to be reliable and sustainable.

In the meanwhile, the European Commission has proposed a new monitoring system of national budgets, with supervision by a new European economic government on national budgetary programme and decisions ahead of the vote in National Parliaments. This would allow more budgetary discipline and a stronger economic coordination between the 27 Member States. The European Council still have to decide how to develop the new structure and the implementation of the decision will belong to all three institutions.

According to Mr Barroso, since one year and a half, the European financial system is more ethical, has a new monitoring structure and alternative investments funds. The new structure of the financial system would be operational in 2011.

He stressed the social inclusion by 2020 with the creation of a platform against poverty insisting on social and economic cohesion.

Three-months rolling programme of priority debates in the plenary (Strasbourg)

  • June – financial supervisory package, sustainable future of transport, European Council preparation.
  • July – belgian presidency, EP’s right of enquiry, Kosovo and Albania.
  • September – State of the Union, Mid-term report on financial crisis, Afghanistan, (tbc EEAS, Employment guidelines 2010)