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How policy capacities shape the green transition: explaining the use of EU sustainable finance in the EU’s Central and Eastern European member states

政策能力がグリーン移行をどう形作るか:EUの中東欧加盟国におけるEUサステナブルファイナンスの利用を説明する (AI 翻訳)

Ringa Raudla, Aneta Spendzharova, Kaija Veskioja

Journal of European Public Policyプレプリント2025-05-12#トランジション・ファイナンスOrigin: EU
DOI: 10.1080/13501763.2025.2502665
原典: https://doi.org/10.1080/13501763.2025.2502665

🤖 gxceed AI 要約

日本語

本論文は、政策能力(政治的、分析的、運用的)が政府のグリーン移行資金配分に与える影響を分析する。ブルガリアとエストニアの比較事例研究を通じて、復興・強靭化ファシリティ(RRF)の活用方法の違いを説明する。政治的容量はグリーン移行の優先順位に、分析的・運用的容量は官民混合、新旧技術、技術対行動の焦点に影響を与えた。

English

This article examines how policy capacities (political, analytical, operational) shape government decisions on green transition funding. Through a comparative case study of Bulgaria and Estonia, it analyzes how different capacity configurations influenced the use of the EU's Recovery and Resilience Facility. Political capacities affected the prioritization of green transition, while analytical and operational capacities shaped the public-private mix, legacy vs. future orientation, and technological vs. behavioral focus.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

EUのグリーン移行資金メカニズム(RRF)の実態を中東欧の事例から分析。日本のGX政策(GX経済移行債など)における政策能力の重要性や、資金配分の効果的な設計に示唆を与える。

In the global GX context

This paper provides empirical evidence on how policy capacities influence the allocation of EU sustainable finance, relevant for global discussions on transition finance and green recovery instruments. It highlights the importance of political, analytical, and operational capacities in shaping effective green transition funding, offering lessons for countries designing similar mechanisms.

👥 読者別の含意

🔬研究者:Provides a theoretical framework linking policy capacities to green transition funding allocation, useful for scholars of climate policy and sustainable finance.

🏢実務担当者:Offers insights for corporate sustainability teams on how government capacities affect the design and implementation of green funding programs.

🏛政策担当者:Highlights the role of policy capacities in shaping effective green transition funding, relevant for designing national recovery plans and sustainable finance frameworks.

📄 Abstract(原文)

This article investigates how policy capacities influence governments' decisions on allocating funding for the green transition. Our theoretical framework outlines how political, analytical and operational capacities can be expected to affect green transition funding. We probe the plausibility of these linkages by examining how EU member states from Central and Eastern Europe are using the European Recovery and Resilience Facility - the EU's main 'green recovery' financial instrument, which runs parallel to regulatory attempts of aligning private financial flows with climate mitigation and adaptation. In a comparative case study of Bulgaria and Estonia, we analyse how different configurations of policy capacities have influenced the allocation of green transition funding in the countries' Resilience and Recovery Plans (RRPs). We show that the distinct configurations of policy capacities contributed to significant differences between Estonia and Bulgaria. Political capacities affected the prioritisation of the green transition agenda in the RRPs, while analytical and operational capacities shaped the private-public mix, legacy v. future-orientedness, and technological v. behavioural focus in the selected projects and investments.

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