Europe's Economic Recovery

Climate Neutral, Fair and Innovative

The Corona crisis offers three important lessons for climate policies and Europe’s economic recovery. First, systemic shocks – like the Corona pandemic or climate change – affect the foundations of modern societies. Second, resiliency, preparedness and time are existential factors in addressing systemic crises. Third, the world’s economic recovery must help build efficient, innovative and climate neutral economies. In turn, calls to delay climate policies draw the wrong lessons from the current crisis and undermine Europe’s economic recovery. All countries, including the EU, must accelerate their emission reductions drastically – in the near term until 2030 as well as in the long term until 2050.

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