CBAM – Future Platform for Climate Finance
The importance of implementable, coordinated and well-functioning networks of carbon pricing mechanisms and CBAMs to boost and protect low-carbon eco...
Focus area
Sustainable Economy
Public procurement can play a critical role in accelerating the transition towards a low-carbon economy.
By promoting the procurement of low-carbon and renewable products and services, public authorities can create lead markets for innovative and sustainable solutions.
However, this approach is currently underutilised in the European Union (EU) and needs to be incentivised through different levels of public policy.
Public procurement has a significant impact on greenhouse gas emissions and the construction sector in particular is responsible for a large share of these emissions. By promoting the procurement of low-carbon and renewable products and services, public authorities can create lead markets for innovative and sustainable solutions. This approach has the potential to accelerate the transition towards a low-carbon economy significantly while sending strong signals to the industry.
However, green public procurement is still underutilised in the EU, and a series of adjustments need to be made to ensure its effectiveness. This includes the development of comprehensive approaches to ensure climatic and environmental considerations, better information management on progress and impact, and stronger signalling from the EU and its members.
Strengthening green public procurement in sectoral-specific legislation will help realise the significant potential for decarbonisation that lies in the hands of public authorities.
The European Union finds itself in a pivotal moment in its history with international crisis and the European elections in June. With the implementat...
Bellona’s events Sunday, 3 December 12:00 – 12:45: Bursting Barriers for Solution Stories: How Industry is Growing Support for Clim...
We’re excited to share that we will be present at COP28! The Bellona Foundation will be hosting the Storytelling for Action Pavilion in the Blue Zone alongside BAFTA albert, Futerra and Think-Film Impact Production.
The Spanish Presidency says it is committed to push for a reindustrialisation of Europe in the name of ‘ecological transition’. Many policy files related to energy and climate are regarded a priority, but the snap general elections in Spain mid-July and the campaign for the 2024 EU elections will likely affect the Presidency.
Get our latest news