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The European Parliament launched a process of monitoring possible future risks for the EU during the COVID-19 crisis, and has developed this further during Russia's war on Ukraine. The annual 'Future Shocks' series provides up-to-date, objective, and authoritative information on global risks through a 360° survey based on risk literature from a broad range of sources. Future Shocks 2023: Anticipating and weathering the next storms discusses 15 risks related to geopolitics, climate change, health, ...

In 2022, the EU Strategic Compass included space as a strategic domain, and called for a dedicated European strategy. In the meantime, Russia's invasion of Ukraine confirmed the key role of space for defence and resilience, but also highlighted vulnerabilities related to space systems. Another 'wake-up call' came from a different direction; SpaceX's advances in reusable rocket technology leading to Starship's first orbital flight test turned the spotlight onto launch providers and access to space ...

Adopted in 2015 by the United Nations (UN), the 2030 Agenda for Sustainable Development – 'the blueprint to achieve a better and more sustainable future for all' – clearly links 17 sustainable development goals (SDGs) to a series of targets to be reached by 2030. The 2030 Agenda includes a detailed mechanism for monitoring progress towards these targets. At its core are a number of quantified indicators for each target, which are regularly revised by the UN and other international agencies. These ...

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs), to be attained by 2030. Unlike their antecedents, the SDGs commit both developed and developing countries, and embrace the economic, environmental and social aspects of development. The SDGs and the broader 2030 Agenda for sustainable development, of which they form the core, are based on findings that human activities have triggered dramatic changes in the conditions on Earth (climate change and biodiversity loss), which ...

The EU blacklist of high-risk jurisdictions for money laundering is being criticised for a lack of autonomy from the FATF lists, politicisation and lobbying, and lack of transparency. The paper shows four ways to change this. More autonomy from the FATF can be reached through grey listing or merging the EU money laundering list with the EU tax list. More transparency can be reached by involving NGOs or academics to do the listing. But all these lists only look at the framework of anti-money laundering ...

This paper provides a snapshot of multilateral financial assistance provided to Ukraine since the start of the Russian invasion in February 2022 by the European Union and its bodies (European Investment Bank), international financial institutions (International Monetary Fund, World Bank Group, and European Bank for Reconstruction and Development) and groups of bilateral creditors (“The Group of Creditors of Ukraine”). The paper aims to increase understanding and support scrutiny of international ...

Although the US Inflation Reduction Act (IRA) pursues a range of aims, the two main ones are the lowering of inflation by removing purchasing power from the US economy, and to provide the United State's contribution to fighting climate change. Unlike similar EU measures, most of its climate support is done via tax subsidies. Although hailed in the EU for heralding a new era in US climate policy, the IRA is being criticised for its outright 'Buy American' provisions. Amongst others, it is feared that ...

The 49th G7 Summit, bringing together the leaders of the United States (US), Canada, Japan, France, Germany, Italy, the United Kingdom (UK) and the European Union (EU), took place on 19 21 May 2023 under the Japanese Presidency in Hiroshima, a city with worldwide symbolic importance for war, nuclear devastation and peace. Russia's war of aggression against Ukraine dominated the leaders' summit once again, with Ukraine's President, Volodymyr Zelenskyy, attending in person. The other main issue was ...

This analysis explores examples of best practices from selected parliaments in the areas of transparency, integrity, accountability and anti-corruption, and reflects on the effectiveness of the analysed approaches and their possible applicability for the European Parliament (EP). Findings confirm the need for the establishment of an independent European Union (EU) ethics body, granted investigative and enforcement powers with full transparency of enquiries, decisions and/or proposals as a pre-condition ...