We start from the observation, that the #EU is confronted with a proliferation of dashboards. They provide neither a narrative that is compelling, visually attractive and easy to understand nor a #political summary to monitor developments towards #BeyondGDP (2/9)
We take inspiration from #DoughnutEconomics to close this gap. The Doughnut shows overshoots of planetary boundaries (outer ring) & shortfalls on #social foundations (inner ring). Challenge of the century is to get into green ring: a #safe & just space for #humanity & #EU (3/9)
Based on this, we developed a #BeyondGDP dashboard, a compass for the #EU towards 2030 showing the overshoots/shortfalls on 2030 targets. We also added a layer of indicators highlighting the #regenerative & #resilience capacity of the #economy (interior dough) (5/9)
Indicators included here come from existing dashboards such as #SDGs, the European #SocialPillar, the EU Semester, the Resilience dashboards etc & are reflecting the priorities of key processes such as the #EUGreenDeal & the #8thEAP (6/9)
Targets are based on existing #EU targets complemented by interpolated #science based targets where possible (7/9)
Our recommendations for @EU_Commission, @EUCouncil & @Europarl_EN: 1. Summarise key existing indicators in one dashboard ➡️2. Monitor progress with distance-to-targets approach &➡️3. Use #Doughnut framework to visualise how far the #EU & Member States are from 2030 targets (9/9)
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1/7 How can the #EU and Member States boost energy savings through effective, socially balanced policy measures? Our latest Policy Paper “Demand-side solutions to address energy shortages” is out now zoe-institut.de/en/publication…
2/7 Uncertainty about the supply of #Russiangas is challenging the EU to manage without Russian energy sources. The debate, however, lacks consideration of inclusive #demandside measures that can reduce energy consumption while supporting the EU’s long-term #GreenDeal objectives.
3/7 We have set out the potential of demand-side policies to contribute to meeting a possible energy supply deficit in the scenario of an import ban on Russian energy sources. We show that rapid #energysaving measures are possible and they can have lasting effects.
The political momentum for reforming the #EU 🇪🇺 #fiscal framework is larger than ever. We are excited to share our freshly published feasibility & impact analysis of the reform proposals with you: zoe-institut.de/en/publication… (1/15)➡️
Recovering from the #pandemic and simultaneously achieving #environmental, #social and #economic goals requires large amounts of public funding and therefore ample #fiscal flexibility for #EU member states. (2/15)
And with all eyes on #COP26 this week, and the discussion about the scale and pace of investment for #ClimateAction high on the agenda, the discussion about how to create the fiscal flexibility for investments such as these has never been more timely (3/15)