Tag Archives: green new deal

Green New Deal (GND)

The concept was first defined in academic works in the UK and in a common publication of the International Labour Organisation (ILO) and the United Nations Environment Programme (UNEP). http://www.neweconomics.org/publications/green-new-deal

Download of the 2008 publication of the Green New Deal Group – published by net (the new economics foundation).

The most common understanding of the GND is through the parallel with the “New Deal” of the Roosevelt administration in 1932, a vast programme of investments in infrastructure as a recovery program launched in the wake of the Great Crash of 1929.

Global economy is facing a triple crunch: credit-fueled financial crisis, accelerating climate change and soaring energy prices underpinned by a peak in oil production.

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.

Green investments must become a driver of the economic activity. 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.

GND calls for a sustained programme to invest in and deploy energy conservation and renewable energies, coupled with effective demand management. Investments in energy and transport infrastructure as well as in agriculture are needed to make those sectors energy efficient and resource-saving.

There should be no restriction or privatization of social security systems. Social protection in terms of employment or health policy should be developed in a way to find a right balance between rights and responsibility. It has to give citizens the possibility to get back autonomy in case of crisis but not to create a situation of dependency.

Innovation goes beyond technological progress. It is the ability to find efficient and practical solutions at all levels by mixing concepts and ideas. The GND will give the financial and human resources needed to develop an innovation culture.

Nowadays, while unemployment rates have soared, there is a lack of professionals in technical professions and in the field of health care and education. We should invest in education and training to boost creativity, initiative and commitments from all citizens.

All investments should come from both public and private sectors, from households and enterprises. They will lead to green jobs, either by creating new jobs in the green sector or by greening existing ones. While increasing labour productivity, working conditions as well as all factors of production, particularly environmental externalities, must be taken into account.

To make this GND happen, the four pillars of investment described above must rely on 2 fundamentals: market regulation and taxation.

A strong and simple market regulation will allow markets to work properly. Autoregulation is not an option. Only public authorities should have the mandate to deliver such rules and to enforce them to defend general interest.

Ruling should also include norms and standards, for exemple in terms of products, working conditions, environmental protection, that will fix the goals but also set the limits of human activities.

Taxation policy is an essential instrument of the GND. A structural transformation of the regulation of national and international financial systems and major changes to taxation systems are needed. Green tax and subsidy policies contribute to a socially and environmentally fair economy.

A green socio-ecological tax reform shifts the balance away from labour onto the use of finite natural resources and a greater taxation of capital. CO2 and energy taxes must be central elements in favour of the environment and against climate change. Renewables should be less taxed when compared to fossil energy and incentives for energy efficiency should be developed, for exemple in the housing sector socially designed subsidies should encourage energy efficiency. Eco-taxes and eco-bonuses bring about a sustainable economy through the promotion of eco-friendly products and services.

In order to discourage financial speculation, which represents a great risk of destabilizing the real economy, and help reducing the volatility of the international financial markets, a tax on financial transactions should be introduced.

Income taxation should take into account all sources of income. It must be progressive to ensure that people contribute according to their ability to pay. Tax reliefs must encourage sustainable investment. A harmonized tax basis should ensure that corporations contribute their fair share of tax revenues across the Union.

Fighting tax evasion and tax fraud must be a priority.

For more information:

A study commissioned by the Greens-EFA to the Wuppertal Institute “Towards green modernisation in the face of a crisis” can be downloaded from the Greens-EFA website – documents – Green New Deal. http://www.greens-efa.org

Seotud postitused

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.

Seotud postitused

Tallinnas toimub Euroopa Roheliste kogu

8.-10.oktoobrini toimub Tallinnas Euroopa Roheliste Kogu konverents, kus arutatakse mitmeid Eesti ja Euroopa arenguga seonduvaid majandusküsimusi, aga ka energiajulgeoleku ning Euroopa kodanikualgatusega seonduvaid probeeme.

Konverentsi esimesel päeval keskendutakse Eesti ühiskonna jätkusuutliku arengu võimaluste, Euroopa Liidu Välisteenistuse, kodanikuühiskonna ja võrdõiguslikkuse edendamise arutelule. Sõna võtavad Dr. Elinor Ostrom (Indiana Ülikooli professor ja 2009.a Nobeli majanduspreemia laureaat), Keith Kasemets (EV riigikantselei strateegiabüroo juhataja), Caroline Lucas (EP saadik, Suurbritannia), Philippe Lamberts (EP saadik, Belgia), Marek Strandberg (Eesti Roheliste esimees) Indrek Tarand (EP saadik) ja teised.

Lisaks tuleb arutusele ka keskkonnasäästliku ja jätkusuutliku makromajandus- ja finantsarengu võimalikud mudelid ja energiajulgeolek.

Ühtlasi käsitletakse konverentsil Euroopa Kodanikualgatust, mille raames saavad tulevikus vähemalt 1 miljon Euroopa kodanikku erinevatest liikmesriikidest Euroopa Komisjonile seadusandlusettepanekuid esitada.

Kahepäevasel konverentsil korraldatakse töötube ja seminare, kus on oodatud huvilised. Ürituse ajakava ja registreerimisvormi leiab siit:

http://europeangreens.eu/tallinndocs/

Seotud postitused

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.

Seotud postitused