How to make the European Green Deal work

Author
Gregory Claeys, Simone Tagliapietra, Georg Zachmann
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