At international level, the EU has played a key role in developing an international framework to combat pollution and climate change. But turning this international commitment into an economic reality can be difficult in practice.
The greening of the economy is essential, not only for the EU’s credibility in reaching its CO2 emission reduction goals, but also to improve the performance of our economies.
Green technologies, in particular for energy, are key for the sustainability of our economic model. They are also an important potential source of short-term growth and job creation. Sectors such as renewable energy, energy efficiency, recycling, green trans- port solutions, indeed have a large job creation and innovation potential.
At the same time, resource constrains, especially on natural and rare resources will demonstrate the limits of our current consumption patterns. Greater resource efficiency will reduce Europeans’ ecological footprint on land, materials, water use and greenhouse gas emissions.
We are convinced that the EU should ambitiously invest in these sectors to create growth and jobs and change the European energy and resource consumption pattern. Europe must make use of its first-mover advantage in these areas!