EUROPEAN COUNTRIES ON THE ROAD TO SUSTAINABLE DEVELOPMENT: SUCCESSES AND CONTRADICTIONS

The article considers the main European trends concerning sustainable investment. The study is based on the analysis of official documents, reports, statistical data, as well as the opinions of experts in the field of sustainable development policy. Statistics show a growing interest in sustainable...

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Main Authors: Ekaterina О. Vostrikova, Anna P. Meshkova
Format: Article
Language:Russian
Published: Institute of Europe Russian Academy of Sciences 2023-10-01
Series:Научно-аналитический вестник Института Европы РАН
Subjects:
Online Access:http://vestnikieran.instituteofeurope.ru/images/5-2023/VostrikovaMeshkova52023.pdf
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author Ekaterina О. Vostrikova
Anna P. Meshkova
author_facet Ekaterina О. Vostrikova
Anna P. Meshkova
author_sort Ekaterina О. Vostrikova
collection DOAJ
description The article considers the main European trends concerning sustainable investment. The study is based on the analysis of official documents, reports, statistical data, as well as the opinions of experts in the field of sustainable development policy. Statistics show a growing interest in sustainable investment in the world as a whole, and Europe continues to take one of the leading positions in terms of financial injections into sustainable development. Although not all European countries are members of the European Union, the development of legislation in sustainable policy demonstrates the same trend, while retaining some pecularities, which are also highlighted in this article. At the same time, the growing disagreements and disproportions among EU countries on certain issues of sustainable development are emphasized. In particular, the classification of nuclear power as «green», the disproportion in the distribution of financial investment flows, the high costs of the «green transition» and their distribution between consumers and producers in the «rich» and less wealthy countries of Europe. The initially unified «intention» is supplemented by a large number of exceptions and concessions generated by lobbies of the corporations which are based in certain countries.
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spelling doaj.art-6eea09fa92ed4ae8bfd15ba36f562e3c2023-11-27T17:14:44ZrusInstitute of Europe Russian Academy of SciencesНаучно-аналитический вестник Института Европы РАН2618-79142023-10-01355113127http://dx.doi.org/10.15211/vestnikieran52023113127EUROPEAN COUNTRIES ON THE ROAD TO SUSTAINABLE DEVELOPMENT: SUCCESSES AND CONTRADICTIONSEkaterina О. Vostrikova0https://orcid.org/0000-0002-5844-8305Anna P. Meshkova1https://orcid.org/0000-0003-1788-5581Astrakhan State University named after V.N. Tatishchev, Astrakhan, RussiaAstrakhan State University named after V.N. Tatishchev, Astrakhan, Russia The article considers the main European trends concerning sustainable investment. The study is based on the analysis of official documents, reports, statistical data, as well as the opinions of experts in the field of sustainable development policy. Statistics show a growing interest in sustainable investment in the world as a whole, and Europe continues to take one of the leading positions in terms of financial injections into sustainable development. Although not all European countries are members of the European Union, the development of legislation in sustainable policy demonstrates the same trend, while retaining some pecularities, which are also highlighted in this article. At the same time, the growing disagreements and disproportions among EU countries on certain issues of sustainable development are emphasized. In particular, the classification of nuclear power as «green», the disproportion in the distribution of financial investment flows, the high costs of the «green transition» and their distribution between consumers and producers in the «rich» and less wealthy countries of Europe. The initially unified «intention» is supplemented by a large number of exceptions and concessions generated by lobbies of the corporations which are based in certain countries.http://vestnikieran.instituteofeurope.ru/images/5-2023/VostrikovaMeshkova52023.pdfeuropeesg-criteriasustainable developmentresponsible investmentgreen dealdecarbonizationgreenwashing
spellingShingle Ekaterina О. Vostrikova
Anna P. Meshkova
EUROPEAN COUNTRIES ON THE ROAD TO SUSTAINABLE DEVELOPMENT: SUCCESSES AND CONTRADICTIONS
Научно-аналитический вестник Института Европы РАН
europe
esg-criteria
sustainable development
responsible investment
green deal
decarbonization
greenwashing
title EUROPEAN COUNTRIES ON THE ROAD TO SUSTAINABLE DEVELOPMENT: SUCCESSES AND CONTRADICTIONS
title_full EUROPEAN COUNTRIES ON THE ROAD TO SUSTAINABLE DEVELOPMENT: SUCCESSES AND CONTRADICTIONS
title_fullStr EUROPEAN COUNTRIES ON THE ROAD TO SUSTAINABLE DEVELOPMENT: SUCCESSES AND CONTRADICTIONS
title_full_unstemmed EUROPEAN COUNTRIES ON THE ROAD TO SUSTAINABLE DEVELOPMENT: SUCCESSES AND CONTRADICTIONS
title_short EUROPEAN COUNTRIES ON THE ROAD TO SUSTAINABLE DEVELOPMENT: SUCCESSES AND CONTRADICTIONS
title_sort european countries on the road to sustainable development successes and contradictions
topic europe
esg-criteria
sustainable development
responsible investment
green deal
decarbonization
greenwashing
url http://vestnikieran.instituteofeurope.ru/images/5-2023/VostrikovaMeshkova52023.pdf
work_keys_str_mv AT ekaterinaovostrikova europeancountriesontheroadtosustainabledevelopmentsuccessesandcontradictions
AT annapmeshkova europeancountriesontheroadtosustainabledevelopmentsuccessesandcontradictions