"European Green Deal - Live Green. The reality check for our competitiveness"

Tuesday, October 20, 2020 - 18:00


On 20 October we hosted a conference "European Green Deal - Live Green. The reality check for our competitiveness, which brought together 80 participants representing government officials, responsible ministers and associations, as well as the business sector.

In their speeches, Minister of Environmental Protection and Regional Development Juris Pūce and Head of the Saeima Subcommittee on Environment and Climate Artūrs Toms Plešs emphasised that Latvia and the European Union have embarked on the path towards climate neutrality. There are now great opportunities to invest in projects that reduce CO2 emissions and promote climate neutrality, for which there is and will be widespread European support. Large investments will be made by both private sector and local governments as well as public sector. Armands Gūtmanis, Director of Meta Advisory, mentioned that the Latvian policy of foreign investors is related to climate neutrality and emission reduction and is extremely important for planning investments in Latvia.

The Chairman of the Riga City Council Mārtiņš Staķis emphasised that Riga urgently needs to implement green course projects and the current experts are making calculations on the “greening possibilities” in public transport, as well as raising energy efficiency in buildings.

Representatives of several industries spoke in the debate. Andris Vanags, Chairman of the Wind Energy Association, highlighted Latvia's wind energy potential as an environmentally friendly renewable energy resource, and Uldis Ameriks also presented his experience in the peat sector. The company LaFlora is preparing for changes timely and is investing in the establishment of a wind farm in Jelgava, balancing the damage to nature. Andrius Bakštonas, CEO of the Civinity Group in Latvia, commented the building sector, he said the company is working to make buildings more climate-friendly, minimising the effects on climate and making living comfortable.

The event was organized by British, Irish, Swedish and Swiss Chambers of and RISEBA University.

Photos from the event available here. Photo credits: Mārcis Gaujenietis