Finance

At the EU level, there is great need for legal reforms concerning the liability of enterprises for violations of human rights and environmental norms abroad. This is the result of a study co-authored by Christiane Gerstetter, Fellow Ecologic Legal and pro-bono lawyer for the European Center for Constitutional and Human Rights.


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This paper first analyses the 2009 stimulus packages of six EU Member States – namely, Austria, Germany, France, Poland, Slovenia and the UK – with a focus on the potential of the packages to contribute to the implementation of the EU Sustainable Development Strategy (EU SDS) and the Lisbon Strategy. In Chapter 4, the paper discusses the extent to which the packages help implement the EU SDS and Lisbon strategies. Chapter 5 draws conclusions and presents recommendations. An annex provides an overview of the targets and implementation status of the EU SDS and the Lisbon Strategy.Read more

This brief expert report analyses the extent to which the economic stimulus packages launched in 2009 have the potential to drive forward a fundamental and sustainable transformation of the economy or to create new "path dependencies", i.e. to encourage businesses to remain in traditional industries or production methods that have been identified as unsustainable. For these purposes, this study analyses the economic stimulus packages of Germany, Great Britain, South Korea and the USA and briefly presents the programmes of China and Japan. Only initial estimates can be made in the context of this study, assuming that every euro or dollar spent in a given area has a similar environmental impact.Read more