The European Union’s COVID-19 recovery plan could be the impetus businesses need to invest in climate measures and prepare for the transition to a net-zero carbon economy. Our newest climate report looks at how firms’ view these twin challenges and their preparedness to meet them. Firms are more...
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European Investment Bank
2021
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oapen-20.500.12657-505972023-01-31T18:36:02Z European firms and climate change 2020/2021 Kalantzis, Fotios Dominguez, Sofia Amati, Adriano European Investment Bank Business & Economics Finance bic Book Industry Communication::K Economics, finance, business & management::KF Finance & accounting::KFF Finance The European Union’s COVID-19 recovery plan could be the impetus businesses need to invest in climate measures and prepare for the transition to a net-zero carbon economy. Our newest climate report looks at how firms’ view these twin challenges and their preparedness to meet them. Firms are more aware of the physical risks posed by climate change, but less aware of the risks caused by the transition to clean energy. Almost half of EU firms surveyed are investing in climate change measures, compared with roughly one-third of US firms. Uncertainty over regulation and taxation continues to hamper climate investments. To green its economy, Europe needs a comprehensive strategy that will provide businesses with the guidance they need to invest in climate preparedness and the energy transition. 2021-09-17T05:30:43Z 2021-09-17T05:30:43Z 2021 book 9789286150616 https://library.oapen.org/handle/20.500.12657/50597 eng European Investment Bank European Investment Bank https://doi.org/10.2867/768526 https://doi.org/10.2867/768526 66479d04-7b84-49c0-9a4d-db552a3ecc71 b818ba9d-2dd9-4fd7-a364-7f305aef7ee9 9789286150616 Knowledge Unlatched (KU) European Investment Bank Knowledge Unlatched open access |
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The European Union’s COVID-19 recovery plan could be the impetus businesses need to invest in climate measures and prepare for the transition to a net-zero carbon economy. Our newest climate report looks at how firms’ view these twin challenges and their preparedness to meet them. Firms are more aware of the physical risks posed by climate change, but less aware of the risks caused by the transition to clean energy. Almost half of EU firms surveyed are investing in climate change measures, compared with roughly one-third of US firms. Uncertainty over regulation and taxation continues to hamper climate investments. To green its economy, Europe needs a comprehensive strategy that will provide businesses with the guidance they need to invest in climate preparedness and the energy transition. |
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European Investment Bank |
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2021 |
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