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Pedreño (CEPES): "The Social Economy is at the epicenter of the impact economy"
23 01 2023
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The president of CEPES, Juan Antonio Pedreño, participated in the event "Impact Economy and Public Sector", held this Thursday at the Congress of Deputies, and organized by SpainNAB, Harmon and Afi. The conference aimed to generate knowledge about how the public sector is one of the protagonists of the development of an impact economy with a view to meeting the Sustainable Development Goals, as drivers of change and social transformation.

·        During the conference "Impact Economy and Public Sector", held this Thursday at the Congress of Deputies, organized by SpainNAB, Harmon and Afi.

·        Public-private collaboration, tax incentives and the need to create a regulatory framework were some of the main conclusions of the day to boost the impact economy.

·        The president of CEPES "The Social Economy is a business model that catalyzes the transformation of the social and economic future of Spain and Europe".

·        The Spanish presidency of the Council of the EU in the second half of 2023 is presented as an opportunity to make visible and promote the model.

·        The Executive will allocate 400 million euros to the Social Impact Fund within the framework of the Recovery and Resilience Funds

 

Madrid, 19 January 2023. - "The Social Economy is at the epicenter of the impact economy2" This was highlighted by the president of the Spanish Business Confederation of Social Economy (CEPES), Juan Antonio Pedreño, during the event "Impact Economy and Public Sector", held this Thursday at the Congress of Deputies, and organized by SpainNAB, Harmon and Afi.

The conference aimed to generate knowledge about how the public sector is one of the protagonists  of the development of an impact economyor with a view to complying with the Sustainable Development Goals, as drivers of change and social transformation.

During the event, these concepts were approached and real experiences were transferred to the public dialogue table, with the intervention of more than 30 speakers representing Public Administrations, the third sector and the private sector.

In his speech at the Social Table, Pedreño stressed that "the values of the Social Economy are the values defended by the Economy with Impact", since it is a growing  model that "seeks a balance between competitiveness and social and environmental resilience". "The social  economy is a business model that catalyzes the transformation of the social and economic future of Spain and Europe," he added.

In addition, he pointed out that Spain is "leading" the social economy in the world. In this regard, he stressed that Spain is the only European country that has a  program within the Recovery and Resilience Plan dedicated to the social economy; as well as the only one that has a Social Economy Strategy and an intermediate body that manages the Operational Program for Social Inclusion and Social Economy (POISES).

At European level, the social economy comprises 3 million companies and 14 million employees, representing 6.3% of employment. Given these figures, the president of CEPES said that "we are in a very significant moment, which is specified within the framework of the European Action Plan for Social Economy". 

This plan has two objectives. On the one hand, to make visible "more and better" what the social economy represents and defends in Europe to change scale, through growth – one of the objectives that has been set is to represent 10% of European employment in 2030, that is, 22 million people. On the other, build support for companies, through more than 50 measures of different types, such as financial and legislative.

In addition, the president of CEPES reviewed the milestones of different institutions that "have put the social economy at the center." Thus, at the end of 2021, the European Parliament unanimously approved the European Social Economy Action Plan; and different organizations such as the ILO, the OECD, the UN, and even the Davos Forum are taking resolutions in favor of the model.

 

PUBLIC-PRIVATE PARTNERSHIPS AND REGULATORY FRAMEWORKS

The need for public-private collaboration and tax incentives to boost the impact economy, as well as to create regulatory frameworks, were some of the main conclusions of the day.

Thus, also during the Social Roundtable, the first vice president of Grupo Social ONCE, Alberto Durán, pointed out the importance of the social sector within the impact economy, since "it is the one that knows where the needs are". On the other hand, he pointed out that the public sector does not reach these needs, but can catalyze. Finally, he explained that within the private sector there has to be a recognition of the capacity of the social sector to reach where the public and private sectors do not reach, and insisted on cooperation between the three sectors.

For his part, the manager of the Amica Association, Tomás Castillo, focused on the need to legislate to create a framework of legal security that allows us to "dare to transform". "People can´t wait, climate change can´t wait and investment is needed for it," he concluded.

During the opening of the event, the president of the Congress of Deputies, Meritxell Batet, highlighted how "rethinking the logic of the market is a key element for the economy to be part of a better world". During his speech, he pointed out how public-private collaboration is a matter of "maximum topicality" and invited to "reflect and take action" as soon as possible.

An example of the commitment he showed to the impact economy is that, in reference to Directive (EU) 2022/2464 of the European Parliament and of the Council of December 14, 2022, which modifies the presentation of sustainability information by companies, he said that "it should be the subject of debate and reflection in Congress". This directive is mandatory for Member States before 6 July 2024.

 

REPENSAR LA ECONOMÍA DE IMPACTO

Throughout the day, the importance of rethinking the impact economy with the impulse of the public sector was highlighted. Thus, the general director of SpainNab, José Luis Ruiz de Munain, in reference to the 400 million euros that the Executive will allocate to social impact, from the Recovery and Resilience funds, said: "these funds are designed so that the transition is green and digital, but it is very important that this transition is fair,  and therefore, that this transition is also social."

For his part, the Secretary of State for Social Rights, Nacho Álvarez, stressed that the public sector has to analyze the whole of the investment establishing public administrations as a "beacon that guides innovation" and pointed to the PERTES as the "missions of this public-private collaboration to transform the challenges of our business fabric".

During this event, which aimed to be a first step to put the impact economy on the public agenda, several examples of the public sector´s promotion of the impact economy were cited, such as solidarity funds in France or social innovation in Portugal.

To illustrate this catalytic power of public investment, the president of Portugal Social Innovation, a public entity that seeks new solutions to social and educational problems, Filipe Almeida, explained how in the  last six years, through the entity he presides over in his country, they have developed different financial instruments that have allowed social innovation and the development of a social market. It is a pioneering initiative in Europe that mobilizes EU funds to boost innovation and social entrepreneurship in Portugal.

 

MANIFESTO #CAMINOALIMPACTO

On this day, SpainNAB, together with the mayor of Malaga, Paco de la Torre, presented the SpainNAB #CaminoalImpacto Manifesto, aimed at "all people and institutions of the investment, business, third sector, and Public Administration community, who want to contribute their grain of sand to boost the impact economy in Spain".

The launch of this manifesto is part of the celebration in Malaga of the ´GSG Global Impact Summit´ on October 2 and 3, 2023, coinciding with the Spanish Presidency of the Council of the EU. The objective of this congress is to elevate the conversation about impact economics in front of public and private, Spanish and European institutions. In addition to the manifesto, the president of SPAINnab also announced the creation of a task force of public administrations.