BUILDING CIRCULAR CITIES AND DESTINATIONS:

AN INTEGRATED EU LEGAL MODEL FOR SUSTAINABILITY IN THE ALPINE–ADRIATIC REGION

DOWNLOAD DOI: 10.62897/COS2025.3-1.125

Albert Korolenko,*
a,*Faculty of Law, University of Maribor, Maribor, Slovenia
albert.korolenko@student.um.si


Abstract: This paper develops an integrated EU legal model for circular urban and tourism transition in the Alpine–Adriatic region. The study links environmental law, sustainable finance, cohesion policy, and destinationgovernance tools in one operational pathway moving from legal obligations to financeable projects and then to measurable outcomes. The analysis is grounded in Treaty principles on environmental integration and prevention, the European Green Deal, the Taxonomy Regulation, the Sustainable Finance Disclosure Regulation, cohesion-policy instruments, and destination-monitoring frameworks. It argues that circular transition in cities and destinations becomes more effective when legal requirements are translated into project categories that can attract public and private capital, including revolving urban-development instruments. The paper further proposes a compact indicator architecture combining destinationmanagement metrics with environmental and socio-economic measures relevant for residents and visitors. The Alpine–Adriatic space is used as an illustrative cross-border setting because it concentrates tourism intensity, urban mobility pressures and strong potential for coordinated circular investment. The main conclusion is that the EU already provides most of the legal and financial tools required for circular transition, but stronger integration between law, finance and measurement is needed to convert fragmented initiatives into durable regional sustainability outcomes. 


 

REFERENCES

  • Bąk I., Wawrzyniak K., Sulikowski P., 2024, Sustainable development and the degree of implementation of
    European Union environmental directives. Frontiers in Environmental Science, 12, 1324030, https://doi.
    org/10.3389/fenvs.2024.1324030.
  • EUR-Lex, 2018, Directive (EU) 2018/851 of the European Parliament and of the Council, 2018, Amending
    Directive 2008/98/EC on waste. Official Journal of the European Union, L 150, 109–140, https://eur-lex.
    europa.eu/legal-content/EN/ALL/?uri=celex:32018L0851, accessed 17.04.2026.
  • EUR-Lex, 2019, Regulation (EU) 2019/2088 of the European Parliament and of the Council, 2019, On
    sustainability-related disclosures in the financial services sector. Official Journal of the European Union, L
    317, 1–16, https://eur-lex.europa.eu/eli/reg/2019/2088/oj, accessed 17.04.2026.
  • EUR-Lex, 2020, Regulation (EU) 2020/852 of the European Parliament and of the Council, 2020, On the
    establishment of a framework to facilitate sustainable investment. Official Journal of the European Union,
    L 198, 13–43, https://eur-lex.europa.eu/eli/reg/2020/852/oj/eng, accessed 17.04.2026.
  • European Central Bank, 2020, Guide on climate-related and environmental risks. European Central Bank,
    Frankfurt am Main, Germany, https://www.bankingsupervision.europa.eu/ecb/pub/pdf/
    ssm.202011finalguideonclimate-relatedandenvironmentalrisks~58213f6564.en.pdf, accessed
    17.04.2026.
  • European Commission, 2017, The European Tourism Indicator System. Publications Office of the
    European Union, Luxembourg, Luxembourg, https://ec.europa.eu/docsroom/documents/21749/
    attachments/1/translations/en/renditions/native, accessed 17.04.2026.
  • European Commission, 2019, The European Green Deal. Communication from the Commission,
    COM(2019) 640 final. European Commission, Brussels, Belgium.
  • European Commission, 2022, Transition pathway for tourism. Publications Office of the European Union,
    Luxembourg, Luxembourg, https://ec.europa.eu/docsroom/documents/49498/attachments/1/
    translations/en/renditions/native, accessed 17.04.2026.
  • Idczak P., Musiałkowska I., 2024. Financial engineering in sustainable funding of urban development in
    the EU: reflections on the JESSICA initiative. De Gruyter, Berlin, Germany ; Boston, USA, https://doi.
    org/10.1515/9783110762198
  • Ioannidis M., Zilioli C., 2022, Climate change and the mandate of the ECB. Common Market Law Review,
    59(2), 363–394.
  • Quirici M.C., 2023, SRI: An insight on the evolution of its definition and a focus on the European ESG
    regulation. In: Spataro L., Quirici M.C., Iermano G. (Eds.), ESG Integration and SRI Strategies in the EU:
    Challenges and Opportunities for Sustainable Development. Palgrave Macmillan, Cham, Switzerland,
    67–86.
  • Quirici M.C., Giurlani G.L., 2023, The effects of the European Sustainable Finance Disclosure Regulation
    on SRI funds. In: Spataro L., Quirici M.C., Iermano G. (Eds.), ESG Integration and SRI Strategies in the EU:
    Challenges and Opportunities for Sustainable Development. Palgrave Macmillan, Cham, Switzerland,
    195–214.
  • Smoleńska A., 2022, Risky bet: Climate change and the EU’s microprudential regulation. Journal of
    Financial Regulation, 8(1), 51–74.
  • Streimikiene D., 2023, Sustainability assessment of tourism destinations from the lens of green digital
    transformations. Journal of Tourism and Services, 14(27), 283–298.

Connection

E-mail address: cos@sze.hu