Chapter News

17 May
Chapter News

Sustainable Blue Economy – Questions and Answers

What is the blue economy and how is it contributing to the overall economy? The blue economy encompasses all industries and sectors related to oceans, seas and coasts, whether they are based in the marine environment (e.g. shipping, fisheries, energy generation) or on land (e.g. ports, shipyards, land-based aquaculture and algae production, coastal tourism). It is a broad, fast-moving segment of our economy, where over the past decade significant steps have been taken to modernise and diversify. Alongside traditional sectors, innovative...

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17 May
Chapter News, Trade & TTIP Related

Joint European Union-United States Statement on addressing global steel and aluminum capacity

European Commission Executive Vice-President Valdis Dombrovskis, United States Trade Representative Katherine Tai and U.S. Secretary of Commerce Gina M. Raimondo today announced the start of discussions to address global steel and aluminum excess capacity. During a virtual meeting last week, the leaders acknowledged the need for effective solutions that preserve our critical industries, and agreed to chart a path that ends the WTO disputes following the U.S. application of tariffs on imports from the EU under section 232. Executive Vice-President Dombrovskis, Ambassador...

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17 May
Chapter News

European Green Deal: Developing a sustainable blue economy in the European Union

Today, the European Commission is proposing a new approach for a sustainable blue economy in the EU for the industries and sectors related to oceans, seas and coasts.  A sustainable blue economy is essential to achieving the objectives of the European Green Deal and ensuring a green and inclusive recovery from the pandemic. Frans Timmermans, Executive Vice-President for the Green Deal said: “Healthy oceans are a precondition for a thriving blue economy. Pollution, overfishing and habitat destruction, coupled with the effects of the climate crisis, all...

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14 May
Chapter News

IMF | How Strengthening Standards for Data and Disclosure Can Make for a Greener Future

Imagine you plan to invest your savings and are looking for a firm or sector with a sustainable business model or a project that can make a real difference in the transition to a low-carbon economy. Where do you get reliable information to assess and compare projects from different companies? "Data gaps make it difficult to assess firms’ exposure to climate risk." To give investors access to decision-useful information to effectively price and manage climate risks, there is an urgent need to...

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13 May
Chapter News

OECD | Inheritance, estate and gift taxes could play a stronger role in addressing inequality and improving public finances

Inheritance taxation can be an important instrument to address inequality, particularly in the current context of persistently high wealth inequality and new pressures on public finances linked to the COVID-19 pandemic, according to a new OECD report. Inheritance Taxation in OECD Countries provides a comparative assessment of inheritance, estate and gift taxes across the 37-member OECD, and explores the potential role these taxes could play in raising revenues, addressing inequalities and improving the efficiency of tax systems in the future. The...

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13 May
Chapter News, New York Related News

Governor Cuomo Launches a New Decade of the Regional Economic Development Council Initiative

Round XI Will Award More Than $750 Million Across All 10 REDC Regions to Build Back Better in a Post-COVID Economic Recovery Governor Andrew M. Cuomo today launched Round XI of the Regional Economic Development Council initiative, officially kicking off a new decade of economic development in a post-pandemic recovery. The 2021 funding round includes more than $750 million in state economic development resources. The Consolidated Funding Application will open on May 10, enabling businesses, municipalities, not-for-profits and the public to begin applying...

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13 May
Chapter News

ECB | Central banks in a shifting world: selected takeaways from the ECB’s online Sintra Forum

The 2020 ECB Forum on Central Banking addressed some key issues from the ongoing monetary policy strategy review and embedded them in discussions of major structural changes in advanced economies and the post-COVID recovery. In this column, two of the organisers highlight some of the main points from the papers and debates, including whether globalisation is reversing, implications of climate change, options for formulating the ECB's inflation aim, challenges with informal monetary policy communication, relationships between financial stability and...

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13 May
Brexit News, Chapter News

John Bruton | Why did Brexit happen and what will be its effects?

Lecture given by John Bruton, former Taoiseach, to a webinar organised by the University of East Anglia in Norwich on Tuesday 11 May 2021 at 6.30pm | Ireland is more affected by what happens in the UK than is any other country. This is due to the facts that + Ireland is host to the UK’s only land border with another state + Geographically, Ireland’s easiest route to the Eurasian land mass is through UK territory + Politically, Ireland has been intertwined with the...

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12 May
Chapter News

European Green Deal: EU Commission aims for zero pollution in air, water and soil

Today, the European Commission adopted the EU Action Plan: “Towards Zero Pollution for Air, Water and Soil” – a key deliverable of the European Green Deal and the main topic of this year's EU Green Week. It sets out an integrated vision for 2050: a world where pollution is reduced to levels that are no longer harmful to human health and natural ecosystems, as well as the steps to get there. The plan ties together all relevant EU policies to tackle and prevent pollution,...

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12 May
Chapter News

EU Commission | Spring 2021 Economic Forecast: Rolling up sleeves

The Spring 2021 Economic Forecast projects that the EU economy will expand by 4.2% in 2021 and by 4.4% in 2022. The euro area economy is forecast to grow by 4.3% this year and 4.4% next year. This represents a significant upgrade of the growth outlook compared to the Winter 2021 Economic Forecast which the Commission presented in February. Growth rates will continue to vary across the EU, but all Member States should see their economies return to pre-crisis...

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