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In the European Union (EU), food production needs to become more sustainable and environmental-friendly. Farmers play a crucial role in sustainable agricultural practices on their farms because one of the goals of the EU Farm to Fork Strategy is to reduce nutrient losses by at least 50%, while ensuring that there is no deterioration in soil fertility, which could reduce fertilizer use by at least 20% by 2030. Therefore, the aim of the present research is to examine fertilizer consumption in EU Member States and to...

Pesticides are traditionally used in agricultural production to protect crops against pests and diseases. However, there is growing public concern about the negative impacts of pesticides on human health and the environment. Therefore, one of the policy documents of the European Green Deal, which plays an important role in long-term agricultural development and environment-friendly management, is the Farm to Fork Strategy, which requires reducing pesticide use by 50% in the European Union (EU) by 2030. Therefore, ...

Investments made in response to climate change could help to foster environment-friendly business practices. Therefore, bioeconomy industries are considered crucial for achieving climate neutrality in Europe by 2050. Accordingly, bioeconomy strategies have been designed in many countries, including in Latvia. Therefore, the aim of the present research is to examine the investment environment and the amounts of gross investment made in bioeconomy industries, as well as foreign direct investment attracted to Latvia ...

Bioeconomy industries play an important role in contributing to national economies and a transition to climate-friendly farming practices. This is evidenced by various policies implemented, including the United Nations Sustainable Development Goals, the European Union (EU) Bioeconomy Strategy and the European Green Deal. The increasing productivity and new technologies can have negative environmental impacts, affecting the economic framework associated with ecosystem services. To address these challenges, coordina...

Stock market development is crucial to any economy, as a funding alternative to bank lending, as well as the value added to the overall economy. One of the measurements to evaluate economic advancement is stock market capitalization (mcap) to gross domestic product (GDP), in this indicator Latvia is in one of the last places in the European Union (EU). Therefore, the main goal is to assess the landscape and Latvia’s potential to reach neighboring countries’ mcap to GDP level using existing registered companies, as...

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...

Agricultural land is an important natural resource exploited for agricultural production to provide food for the population. The pressure on agricultural resources has increased in the world, as the population grows and non-food land uses increase. In Latvia, the utilized agricultural area (UAA) has decreased since 1991, and in 2020 it was 2.3 mln. ha or 36% of the total area of the country, while the forest area increased, and in 2020 it was 3.1 mln. ha or 48% of the total area. In 2019 in Latvia, the unfarmed an...

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...