MCAST leads innovation workshop on reviving post-COVID-19 economies

MCAST organised a workshop for policymakers and researchers in collaboration with the Chamber of SMEs to discuss solutions for reviving economies following the pandemic crisis. The event is part of a project funded by the Climate Knowledge and Innovation Community (Climate-KIC) which is supported by the European Institute of Innovation and Technology (EIT). MCAST is the Maltese representative for Climate-KIC which works to accelerate the transition to a zero-carbon, climate-resilient society.

The project brings together ten participatory countries, including Malta, from the Southern European Region. The aim of the project is to create a knowledge-based management service tool to support Southern European Regions in reviving their economies through a systematic approach. The workshop brought together over 20 stakeholders, including policymakers, representatives of regulatory bodies, and SMEs operating in the different Maltese economic sectors.

MCAST researcher Carmela Frendo said “Policymakers and planners are facing unprecedented challenges brought by the coronavirus pandemic. We are collecting data so that we can then offer practical solutions through a methodology called system mapping. The tools created will be tailored to the needs and economic situation of each participating country. As countries are set towards speeding up post-COVID19 recovery, our work to facilitate the transition to a more resilient economy becomes ever more relevant.”