Together with a group of companies, local entities, NGOs we are asking EU leaders to confirm the Green Deal as the foundation for a competitive, secure, modern and efficient Europe during the next EU mandate.
The Green Deal has set the EU on a path to sustainable growth, and has proven to be robust and convincing in challenging times.The continuing Russian aggression in Ukraine, the resulting fossil fuel crisis, as well as the increasingly dire impacts from climate change in Europe, have confirmed the Green Deal as essential to the EU’s security, competitiveness, and social welfare objectives.
The fossil fuel crisis catapulted Europe into a new paradigm. The energy trilemma of sustainability, affordability, and security of supply now clearly points in one direction: delivering and complement the Green Deal – replacing fossil fuels and shifting to a sustainable, circular and just economy – is essential to all of Europe’s strategic objectives.
According to the IEA, EU electricity consumers saved an estimated EUR 100 billion during 2021-2023 thanks to an acceleration in renewables and electrification. And the world’s clean technology value chains will be worth over €600 billion by 2030. No action on climate change, on the other hand, could lead to a 10% loss in global GDP by mid-century.
The EU Green Deal is the best strategy for securing Europe’s prosperity and competitiveness, providing badly-needed coherence and regulatory stability to Europe’s businesses and citizens. The undersigned companies and stakeholders, therefore, ask EU leaders to:
We call on EU leaders to use the next 5 years of their mandate to act on its Green Deal commitments. We have 20 seasons to take our faith in hands and advance towards a competitive, secure and democratic Europe. Let’s not gamble on our future, let’s build it!