• 8 July 2020

    CE in Estonia

    By Alexandra Kekkonen – Tondo’s associate Estonia is an innovative nation in Northern Europe known globally for its digital ambitions. It is one of the top countries in Europe in terms of start-ups per capita and ranks first in the Entrepreneurship Index by the WEF. The country is a world pioneer in providing public services online – 99% of all public services provided 24/7 online. Thanks to smart e-solutions, it takes only a few hours to start a company and minutes to declare taxes.   Estonia has a small population (1,3 m.) and territory (45,226 km²). Unlike other countries, the country is characterized by strong deurbanization tendencies in 15-years perspective. Another distinct feature of the Estonian society is so-called slow living approach: a large part of the population does not consider economic growth a priority[1]. These trends are enhanced by declining and ageing population (as of January 1, 2020, the share of people over 65 in the population structure of Estonia was 20.04% of the population) Ecological footprint per person is 7.1 gha, whereas biocapacity [2] is 9.5 gha per person, leaving a room for improvement. Approximately 71% of Estonia’s gross domestic product (by value added) is generated in the service sector, industries account for 25%, and extractive industries (including agriculture and mining) – about 4%, mainly oil shale. Estonia is the second largest emitter of CO2 per capita in the European Union and by far the most carbon-intensive economy among the OECD countries. The reason for that is oil shale, sedimentary rock that has been mined in Estonia for electricity generation since the fifties and, since recently, have also been used for liquid diesel fuel production. The country contains second largest deposits of oil shale (2.49 billion metric tons of shale oil) in the EU after Italy (10.45 billion metric tons...
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