Portugal

portugal

The year 2015 represents the start of a new cycle for the Portuguese economy, after an adjustment period that ran from 2011 to 2014, which required external assistance and a rigid financial policy. The economic deceleration of previous years is still felt in important sectors of the economy – construction and transport – and continues to influence the country’s performance in terms of resource efficiency and climate change. Still, there are some positive signs: improvements in foreign energy dependence and environmental certifications, for instance, as well as emerging eco-innovative sectors which came to fruition – in water efficiency and agriculture, for example. A combination of effects – e.g. a decrease in resource consumption and an improvement in “green” R&D spending, both public and private – has placed the country’s performance in the Eco-innovation Scoreboard slightly above EU average for the 2014-2015 period.

However, the results shown by EIO indicators do not translate into a solid policy framework for eco-innovation, and therefore there is still much to accomplish. Despite significant advances in resource efficiency policies – e.g. Green Growth Commitment, Green Fiscal Reform and PERSU 2020 – eco-innovation is still very much approached as a means to achieve improvements in environmental performance, and not as a means to achieve sustainable growth by all stakeholders in the economy.

Initiatives such as the Ecopol project, or the Ecoprodutin project were fundamental to kick start the necessary network and interaction among different stakeholders to identify the eco-innovation champions, initiatives, products and services, and to demonstrate the benefits for business and the society .

2015 Eco-innovation Scoreboard ranking and eco-innovation index composites for Portugal

Portugal

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Eco Innovation in Practice in Portugal

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