As the Silver Economic Ecosystem in Latvia is just beginning to take shape, the legislation and regulatory framework in this area is also in its infancy. The existing normative acts apply to separate areas and do not form a unified whole, which would allow to solve the problems of seniors at the national level in all spheres of their life and activity. Incentive mechanisms have not been developed for businesses that would be willing to offer suitable work for seniors, as well as there are practically no effective means by which people of retirement age could be interested in returning to the labor market. Also, in Latvia's development plans, the Silver Economy is practically not marked and is not perceived as an important area of the national economy. The difficult demographic situation in the country, the rapid depopulation of rural areas, as well as the problems caused by Covid 19 call for immediate action to address these issues. In order to be able to start this work successfully, it is necessary not only to involve good and competent specialists, but also to provide support at the level of state management, which would ensure a complex, coordinated approach to the creation of the Silver Economic Ecosystem. Some steps in this area are being taken directly as a result of the OSIRIS project. There is reason to believe that this will help to resolve, or at least mobilize, some players in the public, business and academic systems to work together in the field of SE.
At the moment, steps are being taken to establish Monitoring and Development Councils, whose task is to start work on the creation of a Silver Economic Ecosystem in Latvia.