Faced with the already tangible effects of climate change, dwindling global competitiveness, and the pressures of the ‘fourth industrial revolution’, one of the main goals of the Juncker Commission is to accelerate the modernisation of Europe’s economy, making it more sustainable, low-carbon, energy and resource-efficient, in a socially fair manner. This is all the more relevant following the United States’ unilateral decision to withdraw from the 2015 Paris Agreement on climate change. The EU now has a unique window of opportunity to take the global lead on sustainable finance and position itself as the investment destination for low-carbon technologies, securing a substantial competitive advantage.Download PDF (0.9 MB)
Disclaimer: The views expressed in this paper are those of the authors and do not necessarily correspond to those of the European Commission.
- PDF: ISBN 978-92-79-69470-7 • doi:10.2872/836945 • ISSN 2467-4222 • Catalogue number: ES-AA-17-006-EN-N
- HTML: ISBN 978-92-79-69469-1 • doi:10.2872/45469 • ISSN 2467-4222 • Catalogue number: ES-AA-17-006-EN-Q