Much-awaited directive banning businesses from making false green claims hits a wall after EU executive signals it will withdraw its proposal for a Green Claims Directive days before final negotiations following right-wing pressure.
BRUSSELS BRIEFING: Social enterprise is removed from the remit of the directorate overseeing internal market, entrepreneurship and SMEs as the EU prioritises competitiveness over sustainability. Toby Gazeley reports.
An initiative claiming to ‘simplify’ EU sustainability laws has been branded ‘full-scale deregulation’ by opponents, with former UN high commissioner for human rights Mary Robinson calling on the European Parliament to resist the reforms.
This week: Syria’s first hackathon unites social innovators to support recovery; UK government backs social enterprise in public procurement rules shake-up; Alfanar’s MENA impact fund launch is “good news for impact investing”.
BRUSSELS BRIEFING: The social economy could face serious headwinds as EU policymakers shift priorities. Now is the time for social enterprises to show they can make the bloc more competitive – with added impact, writes Toby Gazeley.
The EU’s position as a leader in building sustainable economies is at risk, warn impact leaders, as complex sustainability laws are threatened by the bloc’s drive to become more competitive.
The third edition of Social Enterprise Monitor launched today in Davos by Euclid shows social enterprises want better public funding schemes and more social procurement from governments.
This week: Why over half the world’s workers will need retraining by 2030, social entrepreneurs on the UK New Year’s Honours list, US$100m fund for climate adaptation for women launches, and more.
This week: ‘motherhood penalty’ beats back potential women social entrepreneurs, Asian impact investments on the rise, Spain’s social impact wholesaler gets up and running, and more.