Tapping private money to go green in Europe
We're taking a deep dive into the role private capital can play in driving Europe's transition to a low-carbon economy, looking at the current landscape, the investment gap, and some strategies to bridge it.
The European Union (EU) is leading the charge in the fight against climate change, recognising just how urgent this crisis is. The bloc has set ambitious targets to reduce greenhouse gas emissions and achieve carbon neutrality by 2050. However, hitting this goal is going to need a ton of investment in clean energy, energy efficiency, and sustainable infrastructure. Unfortunately, the current levels of public and private investment just aren't cutting it - creating a massive climate investment deficit.
The growth and momentum of climate investments
Climate investments in the EU grew by a solid 9% in 2022, reaching €407 billion across 22 key sectors. This upward trend si