• 29 May 2020

    Farm to Fork Strategy

    By Kastsiaryna Serada – Research Fellow and Policy Analyst at Tondo The EU has adopted its “Farm to Fork” strategy, a corner stone of the European Green Deal. The new strategy is aimed at building healthy and sustainable food supply chains that work for consumers, producers, climate and environment. Implementation of the Farm to Fork strategy will contribute to achieving a circular economy and reducing the environmental impact of the food processing and retail sectors by taking action on transport, storage, packaging and food waste both at retail and consumer levels, including through binding targets. The coronavirus provided no shortages of lessons and has shown how crucial a well-functioning food system is, and how important it is to restore the balance between human activity and nature. New European strategies towards green transition, including Farm to Fork seek to achieve a new balance of nature, food systems and biodiversity; and at the same time to increase the EU’s competitiveness and resilience. Agriculture needs to become a part of the climate solution and contribute to the EU climate objectives towards 2050. The strategy seeks to enable Europeans get healthy, affordable and sustainable food and make healthy and sustainable choices. Sustainable food labelling framework that covers the nutritional, climate, environmental and social aspects of food products will be developed to these ends. The Commission will explore new ways to give consumers better information, including by digital means, on details such as where the food comes from, its nutritional value, and its environmental footprint. Imported food that does not comply with relevant EU environmental standards is not allowed on EU markets. Organic farming should constitute 25% of the total farming practices, that is a three-fold increase in comparison to now and the use of chemical pesticides, as well as of fertilisers, antibiotics to be reduced by...
  • 30 April 2020

    The New Economy

    By Katsiaryna Serada – Research Fellow & Policy Analyst at Tondo The pandemic COVID 19 has questioned the foundations of our global economy, demonstrated the weaknesses of our current economic model in facing real and potential global challenges, revealed the excessive and risky dependency on the global value chains and a single largest supplier. The COVID 19 demonstrated that the largest supply of the essential medical items, almost three-quarters of blood thinners imported by Italy, 60% of antibiotic components imported by Japan and 40% imported by Germany, Italy, and France, and largest amount of the medical masks come from China. (Javorcik, 2020)  Before the COVID-19 crisis, China produced around 20 million masks per day. By early March 2020 the production increased to 120 million per day, including through deploying idle productive capacity and repurposing other sectors such as automotive and electronics. Despite deploying additional productive capacity both in China and worldwide, the global spike in demand for medical and other supplies   during the COVID 19 crisis far exceeded both material stocks and available capacity to produce. The global value chains were hit in several dimensions – demand, international transportation networks, productive capacity — and were not able to respond the global health crisis. The governments of the exporting countries have addressed the increasing shortage or scarcity (risk of scarcity) in the domestic markets by imposing the numerous export restrictions on medical and other items. More than 70 economies, including the US, China and the EU, have introduced export restrictions to allocate domestic supplies to national healthcare systems and citizens first (Hoekman, Fiorini, 2020). Therefore, the COVID 19 crisis has explicitly demonstrated that the price mechanism and the markets have failed to accomplish social optimum and efficiently provide and allocate the resources. The crisis has explicitly demonstrated that the resources...
  • 30 March 2020

    Green Deal

    By Katsiaryna Serada – Research fellow & policy analyst at Tondo In December 2019, the EU launched a European Green Deal, a new sustainable economic growth strategy and policy agenda aimed at decoupling economic growth from the use of the primary natural resources and building a globally competitive, digitalized, low-carbon, climate – neutral, resource-efficient  economy. A new growth strategy underscores the importance of the twin transformation – green and digital – to increase the global competitiveness of the EU industry, benefit the consumers and protect the environment. Despite the sweeping adverse economic impacts of the quarantine measures to fight COVID-19 taken worldwide, the European Green Deal is likely to sustain the increasing political pressures of reprioritization. First, positive short-time effects of the reduction of the GHGs emissions due to the global economic slowdown are likely to be off-set by the rebound effect of the economic stimulus policy packages aimed at supporting the industries, therefore, the commitment to achieve climate policy targets and goals remains valid. Second, the European Green Deal is framed as an industrial and economic strategy aimed at “stimulating the development of lead markets for climate neutral and circular products, in the EU and beyond” and enhancing European Single Market. The implementation of the European Green Dean is supported with the new comprehensive EU policy package that includes new European Industrial Strategy, European Circular Economy Action Plan, Biodiversity Strategy, SME Strategy, Farm to Fork Strategy. The Commission’s European Green Deal Investment Plan (EGDIP), a renewed sustainable finance strategy, to be launched in the third quarter of 2020, is to further scale up sustainable finance to meet the investment needs of moving towards greener and more circular economy. However, the European Regional Development Fund, LIFE and Horizon Europe will complement private innovation funding and support bringing innovative solutions to...
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