Social enterprise is a key element of the European social model and fundamental for the success of the EU2020 strategy. By supporting and promoting social enterprise, Europe strengthens its growth and competitiveness potential and its capacity to create social value. The EESC supports the Commission's launch of a political framework and action plan to promote social enterprise in Europe. In its opinion, it stresses the importance of its implementation at both EU and Member State level as well.
You are here
Blockchain can be compared to a huge public and anonymous book, to which each and everyone can contribute freely. Social Economy and blockchain have the concept of cooperation in common. The opinion will try to explore how blockchain could serve as a tool for Social Economy, how it could build an infrastructure which would allow for this economic model to reinforce its societal impact and therefore contribute to a better world by focusing on values like fairness, cooperation and solidarity.
Exploratory opinion requested by the Luxembourg presidency
The EESC welcomes the actions proposed by the Commission to develop tools to improve awareness of the sector and the visibility of social enterprise and is pleased to note that the Commission has taken on board several points from its exploratory opinion on the same issue. The EESC calls on Member States to develop national frameworks for the growth and development of that kind of enterprise.
The EESC welcomes the Commission proposal but highlights the fact that it can only be one component of dedicated financial instruments for social businesses. The Committee reminds the Commission that some elements of the proposal have to be clarified in order to allow such funds to be successful, both for the financial community and for the final beneficiaries.
The EESC welcomes the debate on social impact measurements for social enterprises. However it feels that an incorrect or rushed approach may counteract the EU Institutions’ aim to support the development of the social enterprise sector. The EESC therefore urges the Commission to prioritise further awareness-raising and full implementation of the Social Business Initiative agenda. It recommends that, rather than developing a new method, the Commission build awareness of the most commonly used principles.