THE EUROPEAN GREEN DEAL AND ITS IMPACT ON THE RAW MATERIAL INDUSTRY

Vesela Petrova

ABSTRACT. Climate changes and environmental degradation are a threat to the existence of Europe and the world. To overcome these challenges, at the end of 2019, the European Commission outlined as a main political line the proposal for the European Green Deal. In most of its aspects, this document is a benchmark for a new mindset that aims to turn the EU in a fair and prosperous society with a modern, resource–efficient and competitive economy in which there will be no net greenhouse emissions in 2050 and the economic growth will not depend on the use of resources. This publication reflects the path from the emergence of the idea of the European Green Deal to the policies pursued today. The academic papers developed in the field are analysed, as well as the prerequisites and challenges that lead to its implementation. An attempt has been made to answer questions related to the main goals of the Green Deal and how these aims correspond to the raw material industry which will be the industry with the most significant consequences in the next decade.

Key words: European Green Deal, raw material industry

Petrova, V.
THE EUROPEAN GREEN DEAL AND ITS IMPACT ON THE RAW MATERIAL INDUSTRY
DOI: 10.5281/zenodo.5594978
DOI: https://doi.org/10.58903/b15171917

References

1. Brodny, J., M. Tutak. (2020). The Use of Artificial Neural Networks to Analyse Greenhouse Gas and Air Pollutant Emissions from the Mining and Quarrying Sector in the European Union. Energies, 13(8), 1925, https://doi.org/10.3390/en13081925

2. Claeys, G. S. T. Tagliapietra, G. Zachmann (2019). How to make the European Green Deal work Bruegel Policy Contribution Issue n 14.

3. CORDIS. (2021, Jan 17). Sustainable innovative solutions for mineral exploration. Retrieved from cordis.europa.EU: https://cordis.europa.eu/article/id/413488-metal-and-minerals-exploration

4. Eurostat. (2021, Jan 18). Archive:Energy from renewable sources. Retrieved from ec.europa. EU: https://ec.europa.eu/eurostat/statistics-explained/index.php/Energy_from_renewable_sources

5. Hund, K., D. Porta, T. Fabregas, T. Laing, J. Drexhage (2020) Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition, World Bank Report.

6. Interreg Europe, 2021, https://www.interregeurope.eu/news-and-events/news/11056/green-transition-under-the-errf/?no_cache=1&cHash=a07829c25057a69c27b0c11cf6244b0d

7. Jones, B. (2021, Jan 18). Opportunities and challenges of renewable power for miners. Retrieved from Crugroup.com: https://www.crugroup.com/knowledge-and-insights/spotlights/2019/opportunities-and-challenges-of-renewable-power-for-miners/

8. National Recovery and Resilience Plan of the Republic of Bulgaria, 2021 https://nextgeneration.bg/14

9. Siddi, M. (2020). The European Green Deal: Assessing its current state and future implementation. Finnish Institute of International Affairs.

10. Sikora, A. European Green Deal – legal and financial challenges of the climate change. ERA Forum 21, 681–697 (2021). https://doi.org/10.1007/s12027-020-00637-3

11. European commission, 2020 https://ec.europa.eu/commission/presscorner/detail/en/ip_20_420

12. European Commission, 2021 https://ec.europa.eu/info/business-economy-euro/recovery-coronavirus/recovery-and-resilience-facility_en

13. https://renewablesnow.com/news/renewables-bring-72-of-new-global-power-capacity-in-2019-693872/