Euskadi 2040

Collaborators: Ekonomiaren Garapen, Jasangarritasun eta Ingurumen Saila, Lehendakaritza

Competitiveness for the wellbeing of the Basque Country 2040: A reflexion for Action

www.euskadi.eus

Euskadi 2040 is a transformative research project that aims to identify how the competitiveness challenges of the Basque Country are evolving, to build a sustainable and inclusive competitiveness for the wellbeing model for the next generation, in a collaborative way, combining knowledge and efforts of all agents of the territory.

The project is part of a research process coordinated by the Basque Institute of Competitiveness-Orkestra, and in permanent contrast with public and private agents.

Competitividad para el Bienestar de Euskadi 2040: una reflexión para la acción

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What distinguishes Euskadi 2040 from other projects?

The process has several distinctive characteristics, that make Euskadi 2040 different from similar international experiences:

Evolutionary and realistic perspective,
Systemic character, for the common good (the aim is to advance in several wellbeing dimensions simultaneously, beyond a merely economic perspective),
Collaborative governance (academia-policymaker, multi-level governance, and with other territorial actors),
Combines reflexion and action.

Process

July
2021

Feb.
2022

Sept.
2022

Dec.
2022

Sept.
2023

JULY 2021

PHASE 0

Bases to construct a model of competitiveness for the wellbeing

Synthetic document

Diagnosis Euskadi 2040 Vision: first proposal

FEBRERY 2022

PHASE 1

First contrast phase

Vision and challenges
First version

Consultations with institutional and international agents

SEPTEMBRE 2022

PHASE 2

Second contrast phase

Vision and challenges
Second version

Consultations with public and private socioeconomic agents

DECEMBRE 2022

PHASE 3

Actions for a live strategy

Final document
Euskadi 2040

Vision and challenges
Targets and indicators
Governance model
Shared agenda

SEPTEMBRE 2023

Additional information

Website of the Basque government about the project

Vision and challenges

A competitive Basque Country to improve the well-being of its citizens. A prosperous, innovative, connected, committed, inclusive and sustainable territory. A differentiated and reference place in Europe, attractive to live and to which to contribute.

Prosperous

To guarantee the economic sustainability of the welfare model and quality public services built to date, through the availability of employment and adequate income for everyone, encouraging the adaptation of capabilities (personal and institutional) to the challenges of future.

Innovative

To base competitive advantage on the development of capacity for innovation, aimed at responding to the needs of society and the production system; innovation developed in all its forms and mechanisms and by all actors of the territory in collaboration.

Connected

To become a benchmark at the international level and being open to the world by sharing knowledge, finance and human capital, but always in a responsible manner and maintaining the uniqueness of the territory.

Committed

To maintain our own identity in a dynamic way, building a feeling of community; and have a high level of social, political and business commitment to the territory, addressing future challenges, from its singularity, with a proactive and co-responsible attitude through new models of collaborative governance.

Inclusive

To continue to combine economic competitiveness with social cohesion, addressing vertical inequalities (between those who have more and less) and horizontal inequalities (between different groups), and seeking a balance between the productive and care economy for all people, alongside quality public services.

Green

To make substantial progress towards the goal of net zero greenhouse gas emissions in 2040 through the effective decarbonisation of the economy in an economical and orderly manner, pivoting towards more sustainable models in both production and consumption.

More information abour the challenges

Targets and indicators

In order to take the shared vision into action, on the one hand, several targets have been identified, to increase the inspiring nature of the vision; and on the other hand, indicators, to track the levels of progress achieved.

Targets

Scope	Targets	Benchmark indicartor
Prosperous	Territory with less than 6% unemployment	Unemployment rate (% active population)
Prosperous	Among the 10% of European regions with the highest per capita incomes	GDP per capita (PPPs)
Inclusive	Among the 10% of European regions with the lowest poverty rate	Risk of poverty and exclusion rate Arope
Innovative	Leading European region in innovation	Regional Innovation Scoreboard (RIS)
Green	Carbon neutral territory	Greenhouse Gas Emissions Index (Base year 2005)
Committed	This must be achieved with a growing commitment by all to the future of the Basque Country, respecting and supporting its uniqueness, and in a way that is increasingly open and interconnected with the world.
Connected

Indicators