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According to various assessments, the green transition will require funding equivalent to 2-4% of the national GDP annually for this and the next decade. In its yearbook published at the beginning of April, the Foresight Centre emphasises that the transition to an environmentally sustainable economic model will incur high costs for consumers and require supporting measures for successful implementation. However, the transition is predicted to bring benefits to the economy in the long term.

In order to enhance the competitiveness of Estonian economy and ensure sustainable development, we need to increase our investments into developing green technologies. Estonia’s weak point is that the state support for research and development in local businesses is inadequate and erratic, shows the Foresight Centre report “Green Transition Trends and Scenarios in Estonia”.

According to the Foresight Centre report “Long-term Impact of the Russo-Ukrainian War on Estonia. Population, Integration, Foreign Trade”, which was published today, Estonia must take into account that many war refugees will remain in Estonia for an indefinite time. The Centre drew up scenarios about 10,000, 30,000 and 60,000 war refugees remaining in Estonia.

The sustainability of Estonia’s transport system mostly depends on Tallinn and Harju County, which contribute nearly 50% of the total mileage of all the vehicles in Estonia, says the report of the Foresight Centre “The Future of Mobility. Development trends up to 2035“, which is now published in English.

Encouraging the people working through digital platforms to use business account could annually bring up to 68 million euros in tax revenues into the state budget, shows the Foresight Centre study “Platform Work in Estonia in 2021”, which was published on 2 June.