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"Europe must push the green transition forward if it wants to remain competitive in the world. New technologies and green energy aren’t just better for the environment, they also make good economic sense. To be successful, however, the transition needs to be just and inclusive.
Climate change is accelerating. Our time to limit global warming to 1.5°C is running out. We can either play our part within our mandates or suffer the dire consequences of our inaction."
"Financing instruments such as EU-issued green bonds will help fund breakthroughs in clean technologies, and would be even more powerful in a fully completed capital markets union. Tailored financing solutions or guarantees to alleviate the risk attached to highly innovative private investments - like floating windfarms, green hydrogen or new battery technologies - will help roll out the infrastructure Europe needs to achieve net zero. And at the global level, carbon pricing would provide transparency to encourage consumers and investors to move towards sustainable and energy-efficient products and assets."
