Copyright

Claudio De Vincenti

Published On

2022-12-07

Page Range

pp. 177–186

Language

  • English

12. Green Investments

Two Possible Interpretations of the “Do No Significant Harm” Principle

  • Claudio De Vincenti (author)
Chapter of: Greening Europe: 2022 European Public Investment Outlook (pp. 177–186)

In Chapter 12, C. De Vincenti argues that the concrete implementation of the Next Generation EU strategy and the recent aggravation of the energy security question have brought a crucial issue to the fore: what is really meant by the Do No Significant Harm (DNSH) principle. Up to now, EU documents have adopted an extremely restrictive interpretation of the principle that hinders essential investments for the green transition and the diversification of energy supplies. In this chapter an alternative interpretation of the DNSH principle is proposed, which could transform it into an effective lever for the required fundamental investments.

Contributors

Claudio De Vincenti

(author)
Professor of Economics at Sapienza University of Rome

Claudio De Vincenti is Professor of Economics at the University of Rome La Sapienza and Senior Fellow at the LUISS School of European Political Economy. His main fields of research are: competition and market regulation, macroeconomic theory, economic policy and public economics. He was the Director of the PhD Programme in Economics of the University La Sapienza and is currently a Member of the Scientific Council of the LUISS School of European Political Economy and of the Scientific Council of Fondazione ASTRID. He is the author of several books on macroeconomic theory, regulation theory and practice, economic policy, and has published a number of articles in Italian and international journals. Over the years he has held institutional appointments in the Italian Government and currently he is the Chairman of the Aeroporti di Roma company.