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Rethinking the road to the circular economy
Out with the old throwaway society, in with the new circular economy. Policymakers, academics and businesses agree, a new model is needed to tackle some of the world's major environmental challenges. But transitioning to this new model is itself fraught with challenges. In this report, we look at what they are and what could help to overcome them.
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Emerging Europe M&A Report 2019/2020
Emerging Europe remains a magnet for international dealmakers, CMS report reveals
- Deal volumes across emerging Europe fell by 6.5% in 2019
- Foreign investment surged, with cross-border M&A increasing by 14.6% (1,163 deals)
- Private equity investments reached a record high with 318 deals, accounting for 16% of all deal-making
- Telecoms & IT outperformed Manufacturing as the second largest sector by volume (300 deals in 2019, compared with 279 in 2018); the Czech Republic follows this trend
- Real Estate & Construction remained the most active sector with 378 deals and was also the sector with the highest overall deal value (EUR 16.6bn)
- Ukraine appears to be the country to watch – with transaction volumes increasing by 26% and transaction values increasing by 26.3%, compared with 2018
- Deal count dropped in the Czech Republic to the lowest level since 2015 (158 deals) – the average deal value shows a healthy increase.
Coca-Cola will be delivering its products by hybrid cars in Prague
Starting last December, a total of 10 new Mitsubishi hybrid trucks began distributing Coca-Cola beverages around the wider center of Prague. Greener alternative of transport will reduce CO2 emissions by up to 23%. Due to the lack of drivers in the market, the company also decided to create its own team of 12 drivers instead of hiring external carriers.
EY: Renewable power is only part of the solution to meet net-zero targets
- The electrification of transport and heat, hydrogen power and smart grid infrastructure are all essential investment areas
- Matching capital with capacity requires new investment models
- China retains top position on renewables index despite slowdown
To meet net-zero targets, investment is needed not just in renewable generation, but also in the electrification of transport and heat, hydrogen power and smart grid infrastructure, according to the 54th EY Renewable Energy Country Attractiveness Index (RECAI).
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.
