(10 March 2021) – According to Nicolas Schmit, European Commissioner for Jobs and Social Rights, the Commission is preparing an action plan for the social economy, to be launched this year.
The plan will be aimed at improving social investment, supporting social economy organisations and social enterprises to start-up and scale their activities and their social impact, to innovate and create jobs.
It will also draw on the unique characteristics of social economy organisations to ensure that the green and digital transitions leave no one behind, and that communities strengthen their economic and social resilience.
Because of the COVID-19 pandemic, many organisations have had to suspend their activities. This has a very high social cost, given the role that the social economy plays in promoting social cohesion and in filling gaps in the provision of social assistance and general interest services. (Social Economy News)