How to make the "green" transition successful for Bulgaria

13.10.2021

HOW TO MAKE THE "GREEN" TRANSITION SUCCESSFUL FOR BULGARIA

How to make the "green" transition successful and fair for Bulgaria? What funds will be invested in the Bulgarian economy and will we be able to modernize our industry and production? What will be the social price we will pay and how will the affected people and regions be compensated? What is the readiness of business and local government for transformation and do we know enough about the measures and funding opportunities provided by the EC?

These and many other questions will be answered by the upcoming conference "Green Transition - Solutions and Challenges for Bulgaria" on October 15, which you can follow online HERE.

The forum will be opened by Prime Minister Stefan Yanev and EC Executive Vice President Frans Timmermans. Key participants in the event are Innovation Commissioner Maria Gabriel, Deputy Prime Minister for European Funds Atanas Pekanov, Sofia Mayor Yordanka Fandakova, British Ambassador Rob Dixon, Finance Minister Valeri Belchev, Economy Minister Daniela Vezieva, Minister of Energy Andrey Zhivkov, Minister of Transport Hristo Alexiev, Deputy Minister of Environment and Water Reneta Koleva and Deputy Minister of Agriculture Yavor Gechev.

Over 50 participants in two main panels and 4 parallel working sessions will comment on the topics "Financing the Green Transition", "Intelligent Industry, Energy and Economy", "Smart Cities and Circular Economy", "Intelligent Transport Systems and Mobility", "Innovation in agriculture and biotechnology”.

In the week in which the Bulgarian government is expected to send to the EC the Recovery and Sustainability Plan and to indicate dates for decommissioning of key energy facilities for the country, the topic of the Green Transition is particularly relevant.

At the end of July, the EC presented the largest package of reforms related to climate change, envisaging a reduction in carbon emissions in the EU by 55% by 2030 and reaching net zero emissions by 2050 compared to 1990 levels. If adopted, this plan will radically change the economies of the member states and the lives of the people of Europe.

Huge investments in the economies of the member states for modernization, innovation, green energy, education, transport, construction, but also increasing the costs for households - these are some of the opportunities and challenges that the Green Deal poses to Europe and its citizens.

Despite the serious changes that are ahead of the Bulgarian economy, the information on the topic of the Green Deal in our country is limited and fragmented. It is time to start a frank conversation to make the Green Transition successful, understandable and fair.

That is why the forum has the ambition to bring together European and Bulgarian leaders, leading experts, trade unions, business representatives, NGOs and the media to start a fair debate on the topic in the context of climate change, the need to modernize our economy, but and with a focus on the social aspects of this transformation.