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Governments all over the world are investigating how to mitigate environmental risk and how to address climate policies to achieve sustainable development goals (SDGs). This study focuses on interactions between climate policy development and different SDGs. The study analyses panel data for the EU countries. Greenhouse gas emissions were used as a dependent variable. The study tests the non-linear effects, which allow Environmental Kuznets curve phenomena to be identified and extends this line of research by checking the non-linearity and time-lagging of all explanatory variables. The research results show that it is possible to achieve climate policy goals not only directly, but also indirectly by facilitating the implementation of other SDG goals like inter alia SDG9 (innovation and infrastructure), SDG11 (sustainable cities and communities) and SDG17 (environmental taxation). The impact of particular policies is also dependent on geographic-specific effects, analysed with the use of factorial analysis.

The catering market in Poland, especially in such areas as the Old Town in Gdańsk, is constantly developing, and in recent years there has been a great development in gastronomic offerings; therefore, the potential in this sector is significant. The gastronomic services market in Gdańsk is subject to segmentation due to the diversity of consumer needs and the location of the outlets. New points are constantly appearing on the gastronomic map of this historical part of Tri-City, where every tourist, regardless of the adopted form of tourism, can satisfy his or her needs without any problems. The authors aimed to analyse the impact of catering services on the tourism industry. In particular, the study is an attempt to identify the functioning of the contemporary culinary market and the conditions for the development of catering services and to describe the forms of enterprises providing this service. The variety of aspects of the research subject matter, oscillating around the main objective, made it necessary to formulate the following research hypotheses: first hypothesis (H1)—catering services influence the management of the tourism industry; second hypothesis (H2)—the tourist is the main determinant shaping demand; third hypothesis (H3)—the tourist contributes to benefits in the sphere of supply. The research tool was two structured, short survey questionnaires used to verify the hypothesis. The survey was conducted during the summer of 2018. The survey involved 20 restaurateurs from the Old Town in Gdańsk and 438 random tourists over 15 years old. The survey of tourists can be characterised as randomised focus groups. The questionnaire addressed to owners of catering establishments was a representative survey. The implication of research carried out among representatives of the tourism segment is the development of a foodservice market based on a marketing strategy that takes into account the specific needs of consumers and the constant monitoring of market behaviour in order to keep up with the changes that occur in it.

In recent years, the dynamic development of renewable energy has been visible all over the world, including Poland. Wind energy is one of the most used renewable energy sources. In Poland, by 2030, it is planned to commission at least six offshore wind farms with a total capacity of 3.8 GW. It is estimated that these investments will increase Poland’s GDP by approximately PLN 60 billion and increase tax revenues by PLN 15 billion. Therefore, they could be a strong stimulus for the development of the Polish economy and may be of great importance in recovering from the crisis caused by the economic constraints related to the COVID-19 pandemic. The aim of the article is a multi-criteria evaluation of the investments planned in Poland in offshore wind farms and identification of potentially the most economically effective investments. To account for the uncertainty in this decision problem, a modified fuzzy Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method was used and a comprehensive sensitivity analysis was performed. As a result of the research, a ranking of the considered projects was constructed and the most preferred investments were identified. Moreover, it has been shown that all the investments considered are justified and recommended.

The ongoing climatic changes are causing the extinction of numerous species or their withdrawal from previously occupied areas. The environmental and economic significance of introduced species may increase. The aim of the present study was to examine the rate of growth of coniferous species growing in northwestern Poland and to analyze the tree ring width–climate relationships. Six tree species were selected for this study. Two of these species have natural occurrences in Poland: Pinus sylvestris and Larix decidua. The remaining four species were introduced from North America: Chamaecyparis lawsoniana, Thuja plicata, Pseudotsuga menziesii, and Pinus strobus. Samples were collected from 131 trees using a Pressler borer at 1.3 m above ground. Tree ring widths were measured down to 0.01 mm. Climatic data were retrieved from a weather station located 23 km from the study plot. The average tree ring width reaches the lowest value for the P. sylvestris chronology (1.62 mm/year) and for P. strobus (1.69 mm/year), and the highest value is reached for T. plicata (2.80 mm/year) and P. menziesii (2.56 mm/year). The analysis of weather conditions in the designated pointer years and the response function analysis indicate that winter and early spring air temperature is the factor responsible for the formation of wide tree rings in the following species studied: P. sylvestris, C. lawsoniana, P. menziesii, and T. plicata. For L. decidua and P. strobus, the climate–growth relationships are different: weather conditions in the previous growth year are important, and it is the weather in the late spring and summer months. Two of the investigated introduced species (T. plicata and P. menziesii) are characterized by very good acclimatization and are best adapted to the new habitat during the current climate changes. These tree species can constitute a basis for replacing native species, which, due to increasingly severe droughts and higher temperatures, are doing less and less well in their current habitats. Foresters wanting to conduct sustainable forest management will look for replacement species that are well adapted to new habitat conditions in order to maintain the continuity of forest cover.

The COVID-19 pandemic has strongly affected the economic situation of many countries, which is worth considering not only globally but also in the context of specific industries. An asset that is particularly sensitive to negative economic changes is goodwill. The aim of this study is to assess the impact of the pandemic on the quality of financial disclosures concerning goodwill in consolidated financial statements of groups of chosen strategic sectors in Poland. We investigated the implications of the pandemic on the frequency and scale of goodwill impairment in relation to 23 companies listed on the Warsaw Stock Exchange from the Energy, Mining, and Fuel Index. We identified the research gap in this area. For the purposes of this study, two research hypotheses were formulated: (H1) during the COVID-19 pandemic, there has been a slight improvement in the quality of goodwill disclosures in the consolidated financial statements of groups in the energy, fuel, and mining sectors; (H2) The COVID-19 pandemic caused a decrease in goodwill due to impairment losses in the consolidated financial statements of groups in the energy, fuel, and mining sectors. The hypotheses were verified on the basis of the above research sample. In order to verify the first hypothesis, we tested 81 consolidated financial statements for the years 2018–2021 based on a self-developed index of the quality of disclosed information. To verify the second hypothesis, we analyzed the frequency and scale of the estimated loss of goodwill during the COVID-19 pandemic and its impact on the deterioration of the financial condition of the same research sample. The conducted research shows that the quality of disclosures regarding the goodwill in the examined sample has changed slightly. Contrary to our expectations, the pandemic did not materially reduce the value of goodwill. This means that the first hypothesis was verified positively, while the second hypothesis had to be rejected.

The purpose of the article is to define the risk factors in cogeneration projects and to demonstrate that a lack of sufficient identification of risks in different phases affects project implementation. A theoretical study is conducted, which aims to identify risk factors in cogeneration projects, based on case studies of such projects in Poland. The study offers a view at CHP (combined heat and power) projects as extremely dependent on the external environment of the organisation. These projects are subject to many external regulations due to their environmental impact and dynamically changing technical aspects. The biggest technical errors occur at the planning and construction stages. The biggest economic and financial risks occur at the execution stage after 2% and 3% of additional design costs occur, respectively. The authors estimated the risks at different stages of the project and concluded that the total cost of failure in correct identification of the risks at the planning stage exceeded PLN 1.5 billion, which amounted to almost 60% of the total additional costs of materialised project risk. Consequently, the biggest challenges in the area of CHP project management at the planning stage are a thorough identification of risks, and the pricing and planning reactions to risk.

In the field of economic analysis, the study of the EU ETS policy has primarily focused on the impact of renewable energy consumption on economic growth, as well as the role of legal and fiscal instruments in the development of clean energy. This study aimed to evaluate the effectiveness of the EU ETS policy in altering the energy mix of selected European countries, providing both cognitive and applicational value. The evaluation of the effectiveness of this policy focused on the structure of the energy mix and the relationship between rising CO2 emission allowance prices and the decreasing share of coal in the energy mix. The goal was achieved through statistical analysis of secondary sources, primarily sourced from Bloomberg (2016–2024). The research findings indicated that changes in the structure of energy sources varied across the studied European countries, due to the adopted energy source utilization strategy, resource availability, and geopolitical situations. Additionally, different correlation values were noted between rising CO2 emission allowance prices and the expected reduction in fossil fuel use. Therefore, the EU ETS policy does not fulfill its assigned role—its implementation contributes to disparities in the economic situations of European economies and creates conditions for unequal competition.

The article aims to systematize the state of knowledge of and research on the inclusion of ESG (Environmental, Social, and Governance) risk in companies’ business models, with a special stress on energy sector companies. Many publications address incorporating ESG, but only some deal with it from the perspective of business models. This paper fills that gap. The methods of incorporating ESG risk into a sustainable business model, identified on the basis of the literature review, were verified based on the examples of three companies from the energy industry. A two-stage review of publications from the WoS and Scopus databases was carried out, considering a more comprehensive (sustainability) and a narrower (ESG risk) range of keywords, and the period from 2000 to 2022. The result showed that SMEs and large enterprises consider ESG risk in their risk management systems (ERMs), while small enterprises and start-ups do not. In Europe, Asia, and Australia, it is common to include ESG risk in an ERM, while it is rare in Latin America. In developing countries, companies in the service sector are more likely to include ESG risk in ERMs than those in the manufacturing sector. These findings may be useful for policymakers who wish to provide support and financial incentives for companies transforming their business models toward sustainability.

Energy and climate policies play an increasingly important role in the world in the era of climate change and rising energy prices. More often, the importance of the development of the energy sector and climate protection is seen from the point of view of the expenditures that will need to be absorbed in the economy, with the potential for increased energy prices. However, it should be remembered that this is also related to the issue of fuel poverty and the inability to meet basic energy needs by parts of society. The aim of the paper is to assess the importance of macroeconomic policy instruments in reducing fuel poverty, using Poland as an example. It will be examined whether and how the government influenced this phenomenon (directly or indirectly), through which instruments, and which instruments (fiscal, monetary or energy-climate policy) played the most important role in shaping the scale of fuel poverty in Poland, with an emphasis on the role of monetary and fiscal policy instruments. The analysis covered the period from 2004 to mid-2021. The results of the research showed that in Poland there is a lack of policy directly aimed at reducing fuel poverty, and the government affects the scale of fuel poverty indirectly mainly through macroeconomic policy instruments, i.e., fiscal and monetary policy instruments. The main and most effective instruments for reducing fuel poverty in Poland are social transfers. Other instruments that have a statistically significant impact on this poverty rate are the level of tax burdens and short-term interest rates. The analysis also revealed some opportunities for effective fuel poverty reduction policies. It was proven that in addition to fiscal policy, monetary policy, which would stimulate a decrease in short-term interest rates, is also an effective way to reduce the fuel poverty rate in Poland.