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  • Author: Gregory Claeys, Simone Tagliapietra, Georg Zachmann
  • Publication Date: 11-2019
  • Content Type: Special Report
  • Institution: Bruegel
  • Abstract: European Commission president-designate Ursula von der Leyen has made climate change a top priority, promising to propose a European Green Deal that would make Europe climate neutral by 2050. Th e European Green Deal should be conceived as a reallocation mechanism, fostering investment shifts and labour substitution in key economic sectors, while supporting the most vulnerable segments of society throughout the decarbonisation process. Th e deal’s four pillars would be carbon pricing, sustainable investment, industrial policy and a just transition.
  • Topic: Climate Change, International Security, Sustainable Development Goals, Global Warming, Green Technology
  • Political Geography: Europe, Global Focus, European Union