Economic Aspects of the Sustainability Transition in Europe

Rosa Maria Fernandez Martin (Keele University, UK)

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English

Routledge
31 December 2024

Regional studies; Public administration; International economics; Political economy

Series: Routledge Studies on the Governance of Sustainability in Europe

This book comprehensively examines the financial and economic aspects of the ‘sustainability transitions’ demanded by the primary components of the European Green Deal.

It asks how the EU has been dealing with the allocation of resources to foster the sustainability transition, how the additional transformations required by the ‘climate emergency’ will be financed and which actors (businesses, governments, citizens) will pay and how. Looking at how the EU has been managing this over time, through changes in the Environment Action Programmes, Structural Funds, or the Multiannual Financial Framework, this book examines policy priorities and analyses the different instruments proposed as part of this evolving context, including market support instruments for renewable energies and the creation of new instruments, such as Climate Awareness Bonds. It also highlights new developments, such as the debate on the role of environmental taxes, or the uneven development across Member States of green financial instruments. This book presents an evolving puzzle into the limited possibilities of the EU to deploy resources that contribute to the overarching goal of achieving a low-carbon economy and illustrates the need for acceptance towards changes and compromises that are required from all affected stakeholders.

This book will be of key interest to scholars, students and practitioners of sustainable development, climate governance and EU politics, and more broadly to those working on European Studies, economics, politics, international relations or public policy.

By: Rosa Maria Fernandez Martin (Keele University UK)
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 535g
ISBN: 9781032124827
ISBN 10: 1032124822
Series: Routledge Studies on the Governance of Sustainability in Europe
Pages: 192
Publication Date: 31 December 2024
Audience: College/higher education , Primary
Format: Hardback
Publisher's Status: Active

1. Concepts and Context Part 1: Policies and programmes 2. The EU Budget and the Multiannual Financial Framework 3. Specific EU programmes for environmental protection and sustainable transitions 4. The changing role of the Common Agricultural Policy Part 2: Policy instruments 5. Market-based instruments for a sustainable transition 6. The European Emissions Trading System (ETS) 7. The elephant in the room: Taxation to promote sustainable behaviour Part 3: Latest developments: Green economy, green finance and challenges ahead 8. Circular and green economy 9. Green finance 10. Reflections and suggestions for the future ahead

Rosa Maria Fernandez Martin is Associate Professor in Economics and Finance, the Sustainability Lead, PGR Lead and Director for Masters in Economics at Keele Business School, Keele University, UK.