Analysis of the Sustainable Growth Indicator in the Area of Climate Change from the Point of View of Europe 2020 Strategy Performance

Analýza indikátoru udržitelného rozvoje v oblasti klimatických změn z hlediska plnění strategie Evropa 2020

Dagmar Blatná

Acta Oeconomica Pragensia, 2017, vol. 2017, issue 1, 36-50

Abstract: The objective of this paper is to present the results of an analysis of the indicator Greenhouse gas emissions (GGE). The GGE is one of the headline indicators tracked under the EU's main socioeconomic strategy until the year 2020 - the EUROPE 2020 strategy for smart, sustainable and inclusive growth. In the area of sustainable growth, the Resource-efficient Europe initiative was established. For 2020, the EU has made a unilateral commitment to reduce overall greenhouse gas emissions from its 28 member states by 20% compared to 1990 levels. The GGE indicator shows total man-made emissions of the so-called Kyoto basket of greenhouse gases. It presents annual total emissions in relation to those observed in 1990. The aggregate greenhouse gas emissions are expressed in units of CO2 equivalent.The development of the GGE indicator in the EU and in the Czech Republic from 2000 to 2014 from the point of view of the ability to achieve the Strategy objectives is analyzed. In terms of the level of the analyzed indicator, the set of the EU countries can be divided into two significantly different groups - the euro area and the non-euro area; or into groups by the year of their joining the EU. Analyses of the dependency between the growth of GGE and the GDP growth for both the set of the 28 EU countries and the Czech Republic are presented as well.

Keywords: indicator of sustainable growth; greenhouse gas emissions; Strategy EUROPE 2020 (search for similar items in EconPapers)
JEL-codes: C22 O44 Q56 (search for similar items in EconPapers)
Date: 2017
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DOI: 10.18267/j.aop.567

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