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The present research analyses development opportunities for car electrification in Latvia in the context of the European Green Deal, assessing both political and economic aspects as well as business practices. The research aims to identify factors that influence the development of electromobility and to develop proposals for its promotion. The research employed document analysis, statistical, qualitative and quantitative methods, as well as conducted a case study of the company Ayvens Latvija and five expert inter...

Digital and green innovations in rural tourism and agricultural entrepreneurship is crucial according to sustainability nowadays. Consumers are more interested in enterprises that are responsible and proactive towards sustainable development goals through their activities. This study aims at exploring consumer perceptions of sustainable and smart territorial development through nationwide telephone survey. This study explores consumer attitudes towards sustainability, greenwashing, and digitalization in the contex...

The European Green Deal (EGD) represents a transformative policy initiative aimed at shifting the EU economy toward climate neutrality and environmental sustainability. While the EGD provides a strategic vision and financial instruments for achieving green goals, its implementation poses substantial challenges for enterprises, including tiny and medium-sized enterprises (SMEs). This paper examines the perceptions of Latvian entrepreneurs regarding the EGDпїЅs anticipated impact on business performance, the key obs...

Governments worldwide, the EU, and the UN are proposing new initiatives to manage digital technologies. One of these initiatives is termed the пїЅtwin transition,пїЅ which refers to aligning digitalisation and sustainability (circular economy) goals and processes to create a synergy in which both initiatives mutually reinforce and complement one another, enabling the achievement of maximum positive impact on social, economic, and environmental balance. There is no single definition of the пїЅtwin transitionпїЅ in ...

The transition to paperless management in municipalities is an essential step in achieving the goals of environmental economics and sustainability. To assess the benefits of such a transition and find weaknesses, the municipality of Liepaja (Latvia), in cooperation with the municipalities of Vila Nova de Poiares (Portugal) and Mielec (Poland), implemented a joint project. The present research evaluated the financial benefits of switching to paperless management as well as the benefits of training municipal employe...

Modern agriculture, or precision agriculture, is a method that enables better, more efficient and smarter farming, ensuring sustainable development. Precision agriculture can combine data obtained from GPS systems with data from aerial photographs to precisely determine soil needs based on this data. Combining this with precise weather forecasts and location determination systems provides a powerful tool for more efficient agriculture. New technologies have already created a niche in agriculture. By combining deta...

The research examines creativity as an important factor in the production of ecological products and the promotion of sustainable development in the regional economy. The research aims to examine how to promote creativity in the regional economy, what tools should be implemented to develop creativity in individuals, and how creativity is associated with overall prosperity and economic growth in the country. Nowadays, the problems of exploiting natural resources and management of constrained natural resources in th...

In 2019, the Green Cities submitted the first proposal for the Green Norm. The Green Norm is a set of practical recommendations mainly for politicians, officials and urban development officials. Green cities introduce this norm as a critical strategy for competitiveness. More and more people are moving to big cities, so we must consider climate-neutral solutions as the municipalities set an example. The number of green and climate-neutral towns in Europe and Latvia has constantly been increasing over the last deca...

Statistical data, as well as public reports and comments from industry experts, show that the transition of local governments to the digitisation of internal processes has several challenges, mainly related to ensuring sustainability, reducing the impact on the environment, data security, and technical maintenance [2,3]. Therefore, it is essential to assess the situation in local governments and choose the most appropriate support system for Latvia's situation, which would not only be financial support. In public ...

In the practice of leading countries, digital transformation implies the industry principle of supporting the introduction of new technologies. At the same time, programs and projects can be built both on the principle of introducing any one promising group of technologies in several industries, where it is especially relevant, and provide for the digital transformation of a particular industry through the forced introduction of many technologically heterogeneous solutions that are in demand in a given sector of t...

The European Union and its Member States have set themselves to achieve climate neutrality across the EU by 2050. The agricultural sector is one of the emitters of greenhouse gases (GHG). To achieve its climate neutrality goals of reducing the increase in global temperature to below 2-C and limiting it to 1.5-C, the EU has adopted the Green Deal and the Farm to Fork Strategy based on it. These goals create the need for the development and implementation of innovations. The agricultural sector will experience sever...

Reducing the use of paper is, first and foremost, an essential factor for environmental economics and sustainability. Digital transformation is also one of the tools supporting the environmental economy, improving business efficiency and reducing costs in the following ways: reducing errors and processing times and increasing security and confidentiality. In the document on Digital Transformation Guidelines 2021-2027 (Cabinet of Ministers Order No 490 of 7 July 2021 on Digital Transformation Guidelines 2021-2027. ...

The effectiveness of the public administration system depends on the level of professional performance of civil servants and the quality of implementation of government decisions. At the present stage, the world is at the stage of transformation of public administration institutions due to the development of digital technologies, which are a key factor determining the rate of economic growth and play a decisive role in increasing the competitiveness of the state. The introduction of digital technologies expands th...

Stock market in Latvia necessitates to be increased in size to attract more investors and encourage economic development. The opportunity for stock market’s enhancement are registered companies in Latvia. What is the landscape of Latvian registered companies and weather, there are enough companies with financial profile having potential for stock market listing, that is the question to be assessed by the authors, comparing those companies’ financial profile to the average Baltic States and Nordic countries stock m...

Digitization is one of the key development priorities for the European Union, which also applies to three Baltic States: Estonia, Latvia and Lithuania. In recent years, significant progress has been made in the Baltic States in the fields of connectivity, digital technology use and e-government. Unfortunately, the progress was different in each of the Baltic States, and there were also serious shortcomings in all the states, e.g. concerning human capital. However, unlike Lithuania, the business sectors of Latvia a...

Modern society is rapidly changing under the influence of digital technologies. Digitalization as a modern approach to the development of the Baltic States implies not so much the installation of high-tech equipment and the implementation of software systems, but fundamental changes in business processes, business models and management tools. The transformation of society affects the political, economic and social spheres. The priority task is to introduce the concept of sustainable development of the country and ...

Climate change, Paris agreement and following strategies for sustainable environment are key direction in 21st century, in order to have an environment and economy to live in for this and next generations. This topic is on the agenda of several high-level task forces at United Nations (UN) and the European Commission (EC). While some definitions and terms are still blurred and unclear, there are already several measurement indicators, which are monitored. One of 17 UN sustainable development growth (SDG) goals, nu...

The term smart growth is defined as developing an economy based on knowledge and innovations (EC, 2010). According to Eurostat (Eurostat regional yearbook 2014, Eurostat yearbook 2018, etc.), an expansion of the knowledge-based economy segment is observed in the European Union, which leads to a structural redeployment of the economy. Accordingly, growth in the knowledge-based economy segment becomes an important research problem in each EU Member State. The authors analysed this process in three Baltic States, pla...

Countries on the eastern coast of the Baltic Sea ? Estonia, Latvia, Lithuania and Poland ? experienced significant changes in the political and economic structure during the 20th/21th centuries. The aim of the research, first of all, is to assess the competitiveness of the Latvian economy compared with the other countries on the eastern coast of the Baltic Sea and, secondly, to evaluate the activities carried out in 2009-2016 in order to increase the competitiveness of the national economy. The Global Competitiven...

The study pertains to a regional and local context of the adaptation to climate change and explores the main international and European Union decisions in this regard, as well as the goals set for Latvia. The concept of adaptation is clearly connected with the drafting of sustainable development policy and must be handled at different levels. The study analyses the examples of international and local projects used in the situation of Latvia and the documents drafted by local governments, facilitating implementatio...

The rural space in the Baltic Sea East Coast States пїЅ Latvia, Lithuania and Poland пїЅ comprises a significant part of the territories of these states. It occupies more than half of each stateпїЅs territory and employs more than a third of labour market participants. For these reasons, the future prospects of the rural space in each of the states is an important issue in designing their smart growth strategies. Smart growth is determined not only by objective circumstances but also by local authorities, the acti...