Five years have passed since the approval of the “European Green Deal”, the economic growth and development strategy that was launched in 2020 and which is a strategic commitment to shifting towards a new circular economy model in Europe.
During these last 5 years, Europe has laid the foundations needed to change the economic model, thanks to its driving new political initiatives (directives, regulations, legislations, market instruments …). They range from transforming the main activity sectors to empowering consumers to be the key players on a new sustainable product market.
Furthermore, the transformation will be accompanied by a shift in focus by the financial sector; it is going to discriminate in favour of investments in sustainable assets, which will mark the start of a new corporate transparency stage as regards sustainability reporting.
The aim is to address current environmental challenges – climate change, depletion of resources and loss of biodiversity – and to make way for a new economic model where competitiveness and sustainability go hand in hand.
The foundations for the change have been laid; the challenges, time lines and actions needed in our economies are now clear. Start a new stage. It’s time for action!
This project has received funding from the European Union’s Horizon Europe Pre- Commercial Procurement Programme, under Grant Agreement n° 101092208.
