Slovenian Sustainable Smart Specialization Strategy (S5)

The Smart Specialization Strategy is the basis for the implementation of European cohesion policy in the programming period 2021-2027 and is linked to investments within Policy Objective 1 – Smart Europe. In the first half of 2020, the Government Office for Development and European Cohesion Policy started the renovation of S4. The activities were mainly focused on the renewal of the necessary analytical bases and the revitalization of the business discovery process (EDP). Slovenian Sustainable Smart Specialization Strategy (S5) for the period up to 2030 In the programming period 2021-2027, the new Smart Specialization Strategy in Slovenia set the goal of a green transition, which we understand as “innovative, low-carbon, digital and knowledge-based transformation of the economy and society. As a central issue for recovery from the pandemic, he emphasizes that the transition to a low-carbon circular economy is not only an environmental necessity, but is becoming an increasingly important factor in ensuring long-term productivity growth and resilience of the economy and society. The economic recovery from the covid-19 crisis will thus be closely linked to the goals of significantly reducing net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels and achieving climate neutrality by 2050. The 2021 Productivity Report thus proposes guidelines for a successful transition to the new normality, followed by the S5 concept, namely: (i) staff development and future skills, (ii) the role of public finances in promoting smart, digital-innovation transformation, and (iii) sustainable transformation into a low-carbon and circular economy.