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CSD Policy Brief No. 67: Turkey in The Framework of the EU Energy Union: Energy Security and Governance Risks
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CSD Policy Brief No. 67: Turkey in The Framework of the EU Energy Union: Energy Security and Governance Risks

Author(s): Author Not Specified / Language(s): English

The successful creation of a European energy union will not be possible without the active involvement of Turkey. The latter is going to play a vital role as the major transit country of future alternative natural gas supply from the Caspian region and the Middle East. Similarly, Turkey will benefit from the development of the Energy Union because it can transform itself in a major energy-trading hub, Turkey’s long-term energy policy objective. The EU and Turkey also share a common objective to diminish their dependence on Russian energy imports, which could provide a necessary boost to the formal energy dialogue between the two partners in January 2016.

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Политически брифинг № 23 на CSD: Енергийната ефективност в България: към пазарен подход и прозрачност

Политически брифинг № 23 на CSD: Енергийната ефективност в България: към пазарен подход и прозрачност

Author(s): Author Not Specified / Language(s): Bulgarian

Measured by using market currency exchange rates, Bulgaria has consistently ranked as the most energy intensive economy in the EU: in 2007, it used over a ton of oil equivalent to produce 1,000 Euro worth of gross product. Measured by using purchasing power parity, Bulgaria’s energy intensity is still dismal, around 600 kg of oil equivalent per 1,000 Euro of product. Even though still negligible by any standard, Bulgaria’s energy efficiency has actually improved by about 50% since 1996 and has been on an uninterrupted path to a change for the better by about 5% per year. Overall, the Bulgarian economy seems to have completed the transition from heavy industry to less energy intensive light industry and thus already picked the low hanging fruit of natural gains in efficiency. The country is probably at a point, as some experts argue, from which onwards any additional gain in efficiency will have to be attained through advances in technologies of energy production, conversion, transportation, and use which will call for cost-effective approach and a strong incentive system.

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Политически брифинг № 25 на CSD: Екологични измерения на устойчивото развитие на енергетиката в Европа

Политически брифинг № 25 на CSD: Екологични измерения на устойчивото развитие на енергетиката в Европа

Author(s): Author Not Specified / Language(s): Bulgarian

Main purpose of this study is to review and discuss the development of regulation at EU level to guide corresponding national legislation and policies designed to address the challenges of sustainable development, notably those on the environment dimension and as regards to the most relevant economic sector – energy. The paper will briefly examine the development of the idea and strategy for sustainable development in Europe over time, the concrete EU legislation and instruments to facilitate national policies to support such development.

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The Challenge of Achieving Sustainable Renewable Energy Policy in Macedonia

The Challenge of Achieving Sustainable Renewable Energy Policy in Macedonia

Author(s): Ana Stojilovska / Language(s): English

Macedonia’s commitment for becoming an EU member state brought many reforms in the country. The energy sector, previously with no strategic vision of its development and no sustainability, has begun to transform to comply with the market economy model. Macedonia made efforts to fulfill the commitments coming from the EU candidate status including reforming the energy sector and prioritizing the renewable sources of energy (RES) policy. However, the general perception is that the invested efforts have not brought the desired results. Although the strategies are put in place, their implementation is progressing slowly hampered by a set of barriers which discourage potential investors. In addition, the undertaken efforts were partial and insufficient since the energy sector reforms are tied to other system reforms. Last but not least, there is an absence of a coherent and horizontal policy in promoting RES and a lack of inter-sector cooperation in the area. These challenges question the long-term sustainability of the RES policy in Macedonia. Having limited investments in RES sector; furthermore a set of policy, financial, legal, administrative and information obstacles which add to the existing investment uncertainty and low environmental awareness, it is of utmost importance, the RES policy to be thoroughly researched. The RES policy is important for Macedonia not only because it is an obligation steaming from the respective international agreements, but because Macedonia has underused RES potential. By investing in RES, the county would secure its future in light of its increasing energy demand, the high import dependency as well as the exhaustibility of the fossil fuels.

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How far is Macedonia in fulfilling the requirements under Chapter 27 - Environment of the acquis

How far is Macedonia in fulfilling the requirements under Chapter 27 - Environment of the acquis

Author(s): Sonja Zuber / Language(s): English

Macedonia’s progress under Chapter 27 of the EU Acquis – Environment and climate change has been one of the slowest since the EC started reporting about the reform processes in the potential candidates and candidates’ member states. The issues in the environmental sector have not been high on the Macedonian government’s agenda due to many other problems taking time and money such as public administration and judicial reforms, police reform, human rights, non-majority communities’ rights etc., which usually take priority over the environment. Although as a candidate for membership Macedonia is obliged to work on reforms in every chapter including this one. Some progress has been made in certain areas such as transposing the acquis into national legislation, in particular on waste management or chemicals. However there is much left to be done, and the general observation is that, the most painful and expensive reforms are yet to be implemented. As it was stated in the last progress report from 2012: considerable efforts are required on awareness-raising, setting a more strategic approach for the country, aligning with and implanting EU climate acquis… Administrative capacity at both central and local levels needs to be strengthened. Investments need to be increased, especially in the waste and water sectors. Overall, preparations in the field of the environment are moderately advanced while in the field of climate change remain at an early stage.

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Energy and Security Sector Governance in Macedonia: How to Improve its Efficiency?
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Energy and Security Sector Governance in Macedonia: How to Improve its Efficiency?

Author(s): Magdalena Lembovska,Ana Stojilovska / Language(s): English

The Republic of Macedonia, due to its EU and NATO integration endeavors is experiencing many policy reforms. Especially the country’s energy and security sectors are both characterized with low transparency and limited openness for cooperation – the first due to its capital intensity and the second due to the communist system’s legacy, both also important for national security. As a result, they have been exposed but reluctant to the reform processes and have many deficiencies in their governance. Some of the identified issues include insufficient capacities, lack of financial means, delays in adopting the respective legislation and in implementing projects, all of which indicate low efficiency in these sectors’ performance. On the other hand, the Slovak Republic, also a former communist country and an EU and NATO member state showcases good examples of capacity building and institutional efficiency in the respective sectors. Its ten year-long Euro-Atlantic integration enabled gaining good experience with the reform processes in the two sectors. Additionally, according to the Worldwide Governance Indicators the Slovak Republic has better governance scores than Macedonia. Thus, the Slovak Republic can be considered as a valuable resource for applying its learnt lessons in the Macedonian case.

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Harmonizacja podatków w świetle wyzwań zrównoważonego rozwoju

Harmonizacja podatków w świetle wyzwań zrównoważonego rozwoju

Author(s): Maciej Cieślukowski / Language(s): Polish Publication Year: 0

Głównym celem artykułu jest ocena aktualnego stanu harmonizacji podatków w Unii Europejskiej z punktu widzenia kryteriów zrównoważonego rozwoju oraz wskazanie głównych kierunków zmian w tej polityce.

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Decarbonization of the Slovak economy: who will pay for a green Slovakia?

Decarbonization of the Slovak economy: who will pay for a green Slovakia?

Author(s): Pavol Szalai / Language(s): English Publication Year: 0

Slovakia faces having to significantly reduce industry and heating emissions. The funds that are to be provided under the EU Emissions Trading System may help. A carbon tax is another option in the game, but the private sector is against it. Slovakia is on track to meet its climate commitments for 2020 and 2030. According to the conclusions of a report by the International Energy Agency (IEA) on the Slovak energy sector from November 2018 “the positive outlook is partly thanks to the Slovak government’s proactive policy support, but also to emission targets that were set rather low initially.”

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Приносът на газовата инфраструктура на Румъния за енергийната сигурност на Балканите

Приносът на газовата инфраструктура на Румъния за енергийната сигурност на Балканите

Author(s): Svetla Boneva / Language(s): Bulgarian Publication Year: 0

The objective of the research is to present the importance of the gas infrastructure of Romania for the energy security of the Balkans. The research methods used in the study involve elements of retrospective analysis, content analysis, table presentation and generalization of the main ideas of key strategic and regulatory documents on the topic. This is a conceptual study and a posteriori research approach has been followed for its development. The thesis of the paper is that Romania is a key player for the Balkan countries and the wider EU region gas security. Romania possesses a high capacity of installed and functioning powers for transition, generation and storage of natural gas, which is the main factor for its important role in the Balkan region and the EU energy security. The results of the research represent generalizations and analyses of the role and importance of the Romanian gas infrastructure for the region. The research results provide ground for evidence-based recommendations and decisions on the future policy measures in the gas energy sector and their implementation

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Влияние на политиката на ЕС за опазване на околната среда върху динамиката на БВП и бюджетното салдо в България

Влияние на политиката на ЕС за опазване на околната среда върху динамиката на БВП и бюджетното салдо в България

Author(s): Stoyan Neytchev / Language(s): Bulgarian Publication Year: 0

This report presents a brief overview and analysis on the impact of the EU environmental policy on several major economic indicators in Bulgaria, in particular – GDP and budget balance dynamics. Apart from the direct effects on these parameters, the implementation of the EU environmental policy in the country results in additional effects which practical examination would help us to prove that the positive effects from the environmental policy are not limited to the indicators observed in this report only. The author systematically analysed the impact of the funds provided by the European budget on certain fundamental economic indicators. Apart from the above-mentioned, research expands to systematic comparative analysis on member state budget positions regarding their individual contribution to the EU budget versus the amount of money allocated to them by the budget (i.e., their fiscal position of a net beneficent or net donor to the EU budget).

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Accelerated lignite exit in Bulgaria, Romania and Greece
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Accelerated lignite exit in Bulgaria, Romania and Greece

Author(s): Martin Vladimirov,Todor Galev,Radostina Primova / Language(s): English

In light of the ambitious targets for long term decarbonisation set by the European Green Deal, a critical question for decision-makers is how to sustain a coal phase-out that is as swift as possible while also ensuring security of supply, affordable electricity, and a just transition in regions dependent on coal. The aim of this report is to support decision makers in Bulgaria, Greece and Romania to implement a timely phase-out of coal by analysing the impact on electricity systems as well as the local economy, and highlighting policy recommendations to deal with potential issues related to compensation, system security and local economic impacts.

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Costs of research and development

Costs of research and development

Author(s): Artur Jastrzębowski,Jiří Pospíšil / Language(s): English Publication Year: 0

Year by year, research and development works constitute an increasingly important element of the functioning of enterprises. Appropriate recording of expenditure and settlement of their effects requires (above all) determination of the actual stage of works. Consequently, there is a distinction between research and development works. Another aspect that determines the principles of recognizing expenditure in the accounting books is to determine whether the developed product/technology belongs to the area economically developed by the unit or to the unrecognized area. The adequate determination will help to place expenses either in the sphere of activity and basic unit orin the sphere of other operating activity. Financial reporting for intangible assets is perhaps one of the most difficult and most controversial topics of financial reporting. In this article it is compared three concepts of financial reporting for R&D costs: IFRS approach, Czech approach for non-profit organizations and Czech approach for profit organizations.

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The impact of the crisis on the maintenance of sustainable development initiatives. A comparative analysis of local and international companies

The impact of the crisis on the maintenance of sustainable development initiatives. A comparative analysis of local and international companies

Author(s): Łukasz Małys / Language(s): English Publication Year: 0

Purpose: The aim of the chapter is to compare the declarations of local and international companies regarding the maintenance of sustainable development initiatives during acrisis. Design/methodology/approach: The article presents the results of a survey conducted in September 2020 on a sample of 500 enterprises located in Poland. Respondents were asked to declare if they will maintain or abandon sustainable development initiatives in a crisis situation. The examples presented a pandemic similar to the one caused by Covid-19, an economic crisis, or a significant decrease in company revenues. Findings: The research showed that the largest group of companies in acrisis situation will completely abandon their initiatives in the field of sustainable development. Another group will give up those initiatives that generate the highest cost. There are some small differences in responses of local and international companies. Companies with foreign entities in the ownership structure seems less likely to give up all initiatives in the field of sustainable development. International companies more often than local companies declare that they do not know which initiatives they will abandon and which will they keep. Research limitations/implications: Factors other than international involvement (e.g. company size, strategic approach to sustainable development) may have a decisive impact on decisions regarding the maintenance of sustainable development initiatives in acrisis. Originality and value: The chapter illustrates the approach to sustainable development by companies classified into various categories: local and international.

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Sustainable development in the contemporary world – determinants

Sustainable development in the contemporary world – determinants

Author(s): Jana Gálová,Anna Mravcová / Language(s): English Publication Year: 0

The aim of this chapter is to describe various determinants of sustainable development in the contemporary world, including those most important, such as globalisation, climate change, poverty versus unlimited consumption as well as limited exhausted access to resources—with regard to the goals of sustainable development. The other objective is to give the reader essential resources covering the topic from various viewpoints and a starting point for discussions about sustainability.

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Sustainable consumption

Sustainable consumption

Author(s): Barbara Borusiak / Language(s): English Publication Year: 0

The aim of the current chapter is to present the essence of sustainable consumption andits basic rules: Reduce-Reuse-Recycle. Minimalism and sharing economy were presented as the manifestation of the Reduce rule. Reuse requires distribution systems which will give access to preowned products (in a broader scope), thus, they will provide products with a second life. This may be provided by alternative retail formats which are oriented towards the sale of second-hand products. Some of these formats, especially online applications, are becoming quite popular—their number, as well as the amount of their customers is rapidly growing. Also, traditional mainstream retailers have become involved in second-hand product sales.

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Sustainable development in corporate strategy

Sustainable development in corporate strategy

Author(s): Blaženka Knežević,Petra Skrobot / Language(s): English Publication Year: 0

The aim of the chapter is to explain how to incorporate Sustainable Development Goals (SDGs) into corporate strategy in order to increase the competitive advantage of a company in thelong-run. The questions how to set a mission, vision and objectives to prepare annual reports in the field of sustainability will be discussed. Furthermore, motives as to why companies have to consider local and global perspective when setting SD objectives and the problem of conflicts in SD goals will be determined.

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Why do consumers fail to follow waste segregation rules? What would motivate  them to obey the regulations?

Why do consumers fail to follow waste segregation rules? What would motivate them to obey the regulations?

Author(s): Magdalena Stefańska,Gabriel Grabowski / Language(s): English Publication Year: 0

Most of empirical literature on participation in and choice of recycling at the household level has been focused on factors determining the direct cost for households engaging in recycling efforts (Czajkowski, Kądziela, & Hanley 2012; Huhtala, 2010, Jenkins, Martinez, Palmer, & Podolsky,2003). Researchers noticed mixed findings in the literature on the significance of waste collection fees for recycling efforts. There is also a question as whether household recycling efforts represent a social cost, which should be taken into account in cost-benefit analyses of alternative waste treatment systems. Some argue that it should not be calculated, since recycling efforts are, to a large extent, voluntary. But on the other hand, households devote time to segregation, which is, in fact, an alternative cost (Bruvoll & Nyborg, 2002). One of the barriers of effective segregation seems to be a low level of awareness on recycling and segregation issues among households. That was also noticed in research conducted by Omran, Mahmood, Abdul Aziz and Robinson (2009). The aim of this case study is to recognise why citizens’ knowledge on waste segregation rules is not sufficient enough. Despite research results confirming rather limited consumer skills related to the subject, efficient methods to make people increase their awareness of what correct selective waste collection is, seem to remain still undiscovered. The students’ task is both to identify why mistakes in waste segregation are made, as well as to propose ways of helping citizens avoid them.

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Sustainable Development and Environmental Policy of the European Union

Sustainable Development and Environmental Policy of the European Union

Author(s): Andreea Panagoret,Dragoş-Mihai Panagoreț,Tomislav Kandyija / Language(s): English Publication Year: 0

Sustainable development approaches the concept of quality of life in all its complexity, from an economic, social and environmental point of view, promoting the idea of ​​the balance between economic development, social equity, efficient use and conservation of the environment.By its very nature, sustainable development represents the need for responsibility and education for environmental protection, and this aspect is reflected in the evolution of community policy in recent years, a policy marked by the transition from an approach based on constraint and sanction, to a more flexible, based one on incentives. Thus, it is acting in the direction of a voluntary approach, in order to promote this environmental responsibility and to encourage the use of environmental management systems.The environmental policy does not act independently, but reflects the interest of civil society in this direction, manifested by the creation of numerous environmental movements and organizations. Moreover, in some countries the creation and development of "green" political parties has been achieved, with real success in the political arena. However, resistance - or, more properly, the restraint and inertia that manifests itself, should not be forgotten, when environmental objectives seem to limit industrial competitiveness and economic growth; but this aspect only emphasizes once again the need for a concerted approach at European level and the need for an active and integrated environmental policy, capable of responding to the challenges that appear economically.The European environmental policy is based on the principles of precaution, prevention, correction of pollution at source and "polluter pays". The precautionary principle is a risk management tool that can be invoked if there is scientific uncertainty about a possible risk to human health or the environment, arising from a particular action or policy.

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Swedish Presidency of the Council of the EU
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Swedish Presidency of the Council of the EU

Author(s): Đorđe Dimitrov / Language(s): English

On 1 January 2023, Sweden will assume the presidency of the Council of the European Union, as the last in the line of the current presidency trio. This will be Sweden’s first EU presidency since the Lisbon Treaty came into force and third overall. The Presidency takes place in time of severe turbulence caused by the prolonged war in Ukraine and economic turmoil characterised by record-high inflation and looming recession. Thus, there is no doubt that Sweden will continue the crisis management work of France and the Czech Republic. The presidency’s slogan ‘Greener, Safer and More Free Europe’ indicates that security and green transition will dominate the Presidency’s agenda. In addition, although the enlargement policy has been widened and now includes Ukraine, Moldova and Georgia, it is unlikely that the Western Balkans will strongly feature on Sweden’s agenda. The aim of this insight is to examine how Sweden will manoeuvre through Europe in the midst of an increasingly complex context.

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„Bidenomics“ a EU. Vliv přijeti inflation reduction act na Evropskou geoekonomickou debatu
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„Bidenomics“ a EU. Vliv přijeti inflation reduction act na Evropskou geoekonomickou debatu

Author(s): Tomáš Petříček / Language(s): Czech

The new US economic program, known as “bidenomics”, has been met with mixed reactions from its American partners from the beginning. This was particularly evident in the case of the Inflation Reduction Act (IRA), which has raised considerable concerns about its geoeconomic impacts on the EU’s position. The European debate on the impacts and options for responding to the IRA reveals that significant differences in attitudes towards key geoeconomic instruments on the EU side persist. The policy paper focuses primarily on divergent approaches to industrial policy, which weakens the EU’s capacity to respond to the significant geoeconomic challenges of today. It is also a risk to its future competitiveness and to the success of two transformation processes underway in parallel – decarbonisation and digitalisation.

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