State Aid as an Instrument of Climate Change: Case Study of Slovak Republic and The Republic of China


Peter Novacek – Faculty of Management, Comenius University, Odbojarov 10, 82005 Bratislava, Slovakia

Yuanxin Li – Faculty of Management, Comenius University, Odbojarov 10, 82005 Bratislava, Slovakia

Green economy;
Green subsidy;
Industrial production;
Policy regulation


Abstract: The Europe Green Agreement is a new growth strategy for the EU economy – the sustainable and healthier one for people and the planet lead­ing to the green economy. State aid rules are being modernized and aligned with current trends of international dimensions. The scientific study objec­tive is to examine the progress of the Green state aid process in Slovakia, to analyse the approach of Slovakia in connection with the commitments made complying with the green strategy, and to assess specific activities in the state aid implementation process stressing environmental protection through waste management encouragement. The case study methodology is applied in the case of bentonite use, mined in Slovakia, which is analysed in the scientific paper as part of an eco-industrial application. Moreover, the aim is also to address the People’s Republic of China’s environmental policy perspective.

7th International Scientific ERAZ Conference – ERAZ 2021 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT,  Online/virtual, May 27, 2021

ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Economics and Business, Mediterranean University, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; AMBIS University, Prague – Czech Republic; Faculty of Applied Management, Economics and Finance – Belgrade, Serbia

ERAZ Conference 2021 Conference Proceedings: ISBN 978-86-80194-46-2, ISSN 2683-5568, DOI:

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