The Belgian presidency would like the EESC to provide an opinion on how to tackle poverty through social innovation and the development of the social economy. This opinion will highlight the reforms needed to adapt the regulatory frameworks and to ensure sufficient financing for social economy initiatives.
Innovative financial instruments as part of the development of social impact companies - Related Opinions
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The proposed initiative aims to improve access to the labour market and social inclusion by supporting Member States in integrating the social economy into their socio-economic policies and creating support measures and a favourable environment for the sector.
The EESC:
Exploratory opinion requested by the Luxembourg presidency
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.
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