Exploring the role of socio-economic factors in European Green Deal performance
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Tarih
2025
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Cambridge Univ Press
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The European Green Deal (EGD) provides a strategic framework for the European Union's (EU) transition to climate neutrality by 2050. Yet, limited integration of socio-economic dimensions may hinder its long-term success and fairness. This study investigates the indirect impacts of socio-economic factors on EGD performance by constructing a Green Deal Performance Index (GDPI) using a multi-criteria decision-making approach for 22 EU countries over 2010-2020. We then apply an instrumental variable regression approach to estimate how emissions, shaped by structural socio-economic conditions, affect the GDPI. Our results show that the negative impact of emissions is nearly 47 times larger when socio-economic dynamics are ignored. These findings underscore the necessity of inclusive policymaking for achieving carbon neutrality, contributing to discussions on ensuring a just transition by highlighting the critical role of socio-economic dynamics. We also present implications for policymakers developing fair and equitable strategies promoting sustainability and social justice in this context.
Açıklama
Anahtar Kelimeler
Carbon emissions, European Green Deal, socio-economic factors
Kaynak
Environmental Conservation
WoS Q Değeri
Q2
Scopus Q Değeri
Q1
