Green Deal for Industry: A Clear Policy Framework Is More Important Than Funding
| Autor: | Neuhoff, Karsten, Chiappinelli, Olga, Kröger, Mats, Lettow, Frederik, Richstein, Jörn, Schütze, Franziska, Stede, Jan, Xi, Sun |
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| Rok vydání: | 2021 |
| Předmět: |
Q54
L52 H12 L52 Industrial Policy Sectoral Planning Methods Green COVID-19 Recovery EU Green Deal Q58 Environmental Economics: Government Policy Q58 L61 Metals and Metal Products Cement Glass Ceramics Q54 Climate Natural Disasters Global Warming Policy Package ddc:330 L61 H12 Crisis Management Industrial Decarbonisation |
| DOI: | 10.18723/diw_dwr:2021-10-1 |
| Popis: | The European Commission is facing the challenge and opportunity of implementing the Green Deal while simultaneously initiating the recovery of the economy following the coronavirus crisis. Investments in the basic materials industry’s transition to climate neutrality play a central role in this, as the sector is responsible for 16 percent of the EU’s CO2 emissions and is key to downstream value chains. While funding for investment opportunities is often discussed, what is needed above all for the transition is a clear policy framework that makes investments in climate-friendly technologies economically viable and ensures that companies actually implement the investments in the transition. The necessary infrastructure and institutions must then be provided in the meantime. For these measures to be implemented in a timely and coordinated manner, it is important to set targets for climate-neutral production at national and European levels and to anchor them in the National Energy and Climate Plans and in the EU governance structure. DIW Weekly Report |
| Databáze: | OpenAIRE |
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