ICSD 2022 Plenary 7 | Financing the Joint Implementation of the SDGs and the European Green Deal
Channel: SDSN
Date: 2022-09-20

The European Green Deal includes wide-ranging goals for a climate-neutral, resource-efficient, technologically advanced, and socially equitable continent. EU leaders have also decided to integrate the SDGs in the European Semester, the major process for the coordination of national economic and employment policies in the EU, putting ‘people and the planet at the center of EU economic policy’. Additionally, the EU has responded to the immense challenges posed by the pandemic with a strong ‘Next Generation EU’ package to boost economic recovery while pursuing Europe’s green transition.

In an attempt to connect the dots between these four major policy initiatives – the SDGs, the European Green Deal, the European Semester, and the EU recovery plan – the EGD Senior Working Group published its first report, entitled ‘Transformations for the Joint Implementation of Agenda 2030 for Sustainable Development and the European Green Deal: A Green and Digital, Job-Based and Inclusive Recovery from COVID-19 Pandemic’. The report, published in February 2021, supports policymakers with actionable strategies that can guide EU-wide and national economic recovery in line with the continent’s overarching sustainability agenda.

On May 3rd 2022, the group launch the second annual report, entitled ‘Financing the Transformations for the Joint Implementation of Agenda 2030 for Sustainable Development and the European Green Deal’ which: provides an overview of the EU policies published since 2020 in support of the implementation of the European Green Deal, explores the financial implications of the Joint Implementation of Agenda 2030 for Sustainable Development and the European Green Deal, and stresses the need for private financial flows to be directed towards sustainable projects and activities. This session will present the report.

Europe has a once-in-a-generation opportunity to accelerate the transformation to sustainable societies, whereby governments intervene proactively and co-design a systemic green transition with broad participation of societal stakeholders. 

Speakers:

- Prof. Phoebe Koundouri, University Professor at Athens University of Economics and Business &Technical University of Denmark 

- Prof. Leonardo Becchetti, Full Professor at University of Rome Tor Vergata

- Mr. Ketan Patel, CEO Greater Pacific Capital

- Mrs. Ilenia Gaia Romani, Researcher Fondazione Eni Enrico Mattei (FEEM)

- Prof. Theodoros Zachariadis, The Cyprus Institute, SDSN Europe Manager

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About the Sustainable Development Solutions Network (SDSN):

The UN Sustainable Development Solutions Network (SDSN) was set up in 2012 under the auspices of the UN Secretary-General. SDSN mobilizes global scientific and technological expertise to promote practical solutions for sustainable development, including the implementation of the Sustainable Development Goals (SDGs) and the Paris Climate Agreement. SDSN works closely with United Nations agencies, multilateral financing institutions, the private sector, and civil society.

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