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Policy Contribution

An approach to identify the sources of low-carbon growth for Europe

In order to secure growth and jobs, Europe needs a new growth model built on developing emerging sectors with high value added. But in which sectors can Europe grow, and what economic policies would work?

By: Date: September 27, 2016 Topic: Energy & Climate

European policymakers are struggling to identify economic policies that can create new jobs and return their economies to a stable growth path. The aim of this report is to examine how Europe can gain a competitive edge in new products and services with higher value added that can form the basis for future growth and jobs. In light of limited fiscal and political capital, the crucial issue is prioritisation in terms of technologies, regions and policies.

Given global decarbonisation concerns, the wide array of low-carbon technologies offers significant growth potential. Some EU countries have already been able to develop a comparative advantage in wind turbines and electric vehicles, though the EU is less effective at exporting solar panels and batteries. Based on patenting activities we, however, see some potential – maybe not for entire countries but for some regions – to further specialise in all of these four low-carbon technologies.

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Opinion

Why border carbon adjustment is important for Europe’s green deal

The European Commission President-elect Ursula von der Leyen is pursuing ambitious environmental targets, notably to reach zero net emissions across the EU by 2050. This transition requires pricing emissions to incentivise producers to develop greener alternatives, while avoiding putting domestic producers at a disadvantage.

By: Guntram B. Wolff Topic: Energy & Climate Date: November 27, 2019
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Past Event

Past Event

Enhancing climate policy through co-creation

First PARIS REINFORCE Stakeholder Council Dialogue

Speakers: Haris Doukas, Ajay Gambhir, Georg Zachmann, Dirk-Jan van de Ven, Jorge Moreno, Alexandros Nikas, Vangelis Marinakis, Glen Peters, Alexandre Koberle, Marc Vielle, Andrea Herbst, Rocco De Miglio, Annela Anger-Kraavi, Baptiste Boitier, Lorenza Campagnolo, Zsolt Lengyel and Joeri Rogelj Topic: Energy & Climate Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: November 21, 2019
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Opinion

Under swollen tides, Venice says more about our future than our past

While tides high enough to submerge Venice used to be rare, occurring every two to three decades, they have now become increasingly regular. Five of the ten highest tides in recorded history occurred over the last 20 years, with the most recent one having occurred just last year. Is this the new normal?

By: Simone Tagliapietra Topic: Energy & Climate Date: November 18, 2019
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Podcast

Podcast

How to make the European Green Deal work (Part Two)

Nicholas Barrett and Guntram Wolff discuss industrial policy and the social consequences of the green deal with Grégory Claeys and Simone Tagliapietra.

By: The Sound of Economics Topic: Energy & Climate Date: November 14, 2019
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Opinion

Four pillars to make or break the European Green Deal

The recipe for a successful European Green Deal is as simple as it is breath-taking: to intelligently promote deep decarbonisation by accompanying the economic and industrial transformation this necessarily implies, and by ensuring the social inclusiveness of the overall process.

By: Simone Tagliapietra, Grégory Claeys and Georg Zachmann Topic: Energy & Climate Date: November 14, 2019
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Past Event

Past Event

Improving regulatory policy formulation and institutional resilience in Europe

Are large differences in the resilience of individual economies related to differences in the quality of country-level institutions that shape the absorption and response to these shocks? At this event we'll discuss the evolution of labour markets, and the role of institutional design and good process.

Speakers: Arup Banerji, Maria Demertzis, J. Scott Marcus, Céline Kauffmann and Rogier van den Brink Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: November 13, 2019
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Opinion

Upbeat outlook from Chinese banks' profits masks growing problems for small banks

The performance of Chinese banks has been resilient so far, despite decelerating growth. While the performance of large banks remained steady, the rebound came from small banks. Why have small banks rebounded and is the rebound sustainable?

By: Alicia García-Herrero and Gary Ng Topic: Global Economics & Governance Date: November 12, 2019
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Past Event

Past Event

Russian economy at the crossroads: how to boost long-term growth?

Russia’s convergence to advanced economy income levels has stalled. Long-term growth prospects are still obstructed by sluggish productivity growth, low capital accumulation and shrinking labour inputs. The new government has articulated a set of ambitious policy objectives for the next six years. But are additional reforms necessary to further boost productivity and investments in line with government targets?

Speakers: Marek Dabrowski, Markus Ederer, Elena Flores, Alexander Larionov, Dmitry Polevoy, Niclas Poitiers and Alexey Vedev Topic: Global Economics & Governance Location: Kadashevskaya Naberezhnaya, 14, Moscow, Russia, 115035 Date: November 7, 2019
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Policy Contribution

How to make the European Green Deal work

Ursula von der Leyen has proposed a European Green Deal that would make Europe climate neutral by 2050. With this Policy Contribution, the authors provide a first analysis on how to make this initiative work.

By: Grégory Claeys, Simone Tagliapietra and Georg Zachmann Topic: Energy & Climate, European Macroeconomics & Governance Date: November 5, 2019
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Past Event

Past Event

What industrial policy for the European Green Deal?

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Speakers: Jos Delbeke, Bertrand Déprez, Markus Hess, Laura Piovesan, Megan Richards, Simone Tagliapietra, Mary Veronica Tovšak Pleterski, Kurt Vandenberghe and Reinhilde Veugelers Topic: Energy & Climate, European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: November 4, 2019
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Blog Post

Demystifying carbon border adjustment for Europe’s green deal

From carbon leakage to “green protectionism”, the European Green Deal envisioned by the incoming Commission has many critics. But some adjustments to the deal could make domestic manufacturers more carbon efficient while simultaneously encouraging foreign producers to become more environmentally friendly.

By: Guntram B. Wolff Topic: Energy & Climate Date: October 31, 2019
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Opinion

Coming soon: a massive laboratory for ‘Green New Deals’

Green New Deals’ are not going to turn countries into ‘hermit nations’,but they are not going to turn countries into economic paradises either. They simply are tools to achieve something more basic: ensure that climate change does not compromise our life in this planet. And this already looks like a good reason for them to be well worth our time.

By: Simone Tagliapietra Topic: Energy & Climate Date: October 1, 2019
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