PhD candidate Copenhagen Business School
Stine Quorning is a PhD student at the Department of Organization at Copenhagen Business School where she works within the field of International Political Economy, specializing in economic governance. Her research project looks into the role of central banks in sustainable finance, with a primary focus on the ECB and the Bank of England. Working at the intersection of political, sociological and economic theory her research aims to understand the policies that central banks put in place to address climate change, and how central banks seek to make climate change governable. Stine is a co-author along with Jakob Vestergaard of the FEPS policy paper “The ECB’s half-baked supervision mandate or, how to get serious about shadow banking again”.
The European Green Deal (EGD) aims to make Europe climate neutral by 2050 while ensuring a just transition for all. However, the EGD’s high level of ambition and broad scope is not adequately reflected in member states’ commitments, and interest groups attempt to shape the EGD according to their preferences.
Given these circumstances, how can the promise of a green and just European Green Deal be realised? To shed light on this research question, the authors of this FEPS YAN Policy Study build on insights from political economy on the influence of interest groups in policymaking. Analytically, the authors propose a framework that integrates distinct sources of power (structural vis-à-vis instrumental) and a range of political strategies (quiet vis-à-vis noisy politics).
Empirically, they study two cases central to the EGD: the ‘EU Biodiversity Diversity Strategy for 2030’ to protect nature and ecosystems; and the ‘Hydrogen Strategy’ to power a climate-neutral economy. Based on lobbying activities with members of the European Commission and the European Parliament, the authors identify key stakeholders, their framing, and strategies. The findings have important implications for understanding the interplay of relevant actors and EU institutions and their influence on European policy.
Read the paper:
Taking the temperature of the EU Green Deal
Political Mentor: S&D MEP Delara Burkhardt
Academic Mentor: Robert Ladrech, Emeritus Professor of European Politics, Keele University, UK
