Author
Listed:
- Liliia Khorishko
(Zaporizhzhia National University, Ukraine)
- Tetyana Vasyl'chuk
("Zaporizhzhia Polytechnic" National University, Ukraine)
Abstract
The latest trends in global development actualize the problem of ecological modernization in order to ensure the sustainability of socio-economic and political functioning of modern states, creating additional opportunities for an appropriate response to possible threats. The issues of ecological modernization are key on the agenda of the EU, which seeks to demonstrate leadership in addressing it. Ecological modernization and the subsequent digitalization of the economic sphere are considered one of the most important components of sustainable development of the EU and each member state. These processes and mechanisms for their practical implementation are approved in the program The European Green Deal. The European Commission created the Recovery and Resilience Facility, which provides for the coordination of efforts of EU member states to ensure resilience and sustainability of development. The subject of the study is the content and characteristics of sustainable development in Estonia. The purpose of the scientific exploration is to identify environmental aspects and to specify mechanisms for sustainable development in Estonia. Research methodology: systematic approach, methods of analysis and generalization. Estonia has developed a long-term strategy "Estonia 2035", which defines the basic principles of sustainability and sustainable development of the state. The tools for implementing the set sustainable development goals are legislative, managerial, educational and awareness-raising. In this strategy, the priorities of sustainable development of the state are innovation and sustainability of the economy, its competitiveness in world markets, energy efficiency, digitalization of management processes, safe environment for citizens, stimulating their activity in different spheres of society. Environmental issues are a key aspect of the "Estonia 2035" strategy, which meets such sustainable development goals as rational consumption, sustainable cities and communities, combating climate change, and preserving the ecosystem. A recovery and sustainability plan, correlated with the "Estonia 2035" strategy, was presented to enhance the ability to implement the basic principles of sustainable development and obtain additional sources of funding. Estonian officials are actively engaging financial and political mechanisms to implement sustainable development. According to the plan approved by the European Commission, Estonia will receive 969.3 million euros in funding from the Recovery and Resilience Facility. They will be distributed along the following lines: ecological modernization, digitalization, economic and social sustainability. In addition, political mechanisms, in particular public diplomacy, are actively used. They are aimed at positioning environmental initiatives according to the state branding strategy and intensifying cooperation with stakeholders in the implementation of international environmental projects. Research results: sustainability and resilience of Estonia's development correlate with the need to implement environmental modernization of the economy and digitalization of management processes; implementation of the "Estonia 2035" strategy, national recovery and sustainability plan is facilitated by economic and political decision-making mechanisms at the supranational and national levels of government.
Suggested Citation
Liliia Khorishko & Tetyana Vasyl'chuk, 2022.
"Mechanisms For Ensuring Estonia'S Permanent Development: The Environmental Aspect,"
Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 8(3).
Handle:
RePEc:bal:journl:2256-0742:2017:8:3:25
DOI: 10.30525/2256-0742/2022-8-3-205-209
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:journl:2256-0742:2017:8:3:25. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.