Regulation EU 2020/852 on the establishment of a framework to faciliate sustainable investment Cover Image

Уредба ЕУ 2020/852 о успостављању оквира за олакшавање одрживих инвестиција
Regulation EU 2020/852 on the establishment of a framework to faciliate sustainable investment

Author(s): Duško Dimitrijević
Subject(s): Law, Constitution, Jurisprudence, EU-Legislation
Published by: Институт за међународну политику и привреду
Keywords: European Union; sustainable investments; sustainable development; internal market; green economy

Summary/Abstract: The establishment of the European Union’s internal market presupposes the realisation of the concept of sustainable development based on balanced economic growth, social progress, and environmental protection. The European Union’s commitment to the comprehensive realisation of this concept is reflected in the implementation of the goals from the United Nations “Agenda 2030” of September 25, 2015. Following the direction from the mentioned Agenda, on December 11, 2019, the European Union adopted an initiative formulated through the Communication as the “European Green Plan”, which envisages a new sustainable development strategy based on the modernisation of the European economy and the growth of the European Union into a fairer and more prosperous society. This transition should be open to all actors with the aim of preserving natural resources while protecting the health and wellbeing of citizens from environmental risks such as climate change, loss of biodiversity, ozone depletion, water, land, and air pollution, and urban stress. Since the implementation of the sustainable development strategy is directly related to the financial recovery plan, “The Next Generation of the European Union”, promoted in the Commission's Communication of May 27, 2020, all business investments within the European Union should go in the direction of introducing new, more efficient, and legitimate models of sustainable development. Moving in that direction, the European Union adopted Regulation 2020/852, which foresees the regulatory framework necessary to facilitate so called sustainable investments, which should become one of the key factors in the transformation of the traditional European economy into a sustainable “green economy”.

  • Issue Year: 22/2023
  • Issue No: 81-82
  • Page Range: 109-133
  • Page Count: 25
  • Language: Serbian