24/03/2026
Last week, our Head of Energy, Baiba Logina, had the opportunity to join the high-level expert forum “Latvia’s Strategic Development Planning Architecture: Inclusive Foresight for Purposeful Transformation” at the Parliament of the Republic of Latvia.
💬 The discussion made one thing clear: Latvia’s current strategic development planning system no longer reflects the complexity of today’s reality. In a world shaped by geopolitical uncertainty, broader international challenges, climate pressures, and economic transformation, Latvia’s long-term planning must become more flexible and more future-oriented, especially in light of demographic decline.
Throughout the forum, concept "foresight" emerged as a central, still not widely known in Latvia’s current strategic planning system. It was presented not as prediction, but as a tool for building vision, exploring scenarios, and making long-term planning more inclusive and adaptive.
The discussion also brought forward several uncomfortable but necessary questions:
➡️ What is Latvia’s real strategic advantage?
➡️ How do we move beyond short-term political cycles?
➡️ And how do we create a legitimate framework for long-term choices that society can trust, while also ensuring that strategic direction is meaningfully projected to the local level, where regions play an important role?
From our perspective the biggest risk is not making the wrong forecast. The biggest risk is failing to decide. We hope that the new Latvia 2050 strategy, currently under development, will help address these challenges.
🔗 More information about the forum can be found here: https://bit.ly/4c0VrAK
📸 Photos: Reinis Inkēns / Saeima
