For many years the EU’s growth model has been to find new markets for products and services that are cheaper and better produced than in most other countries. This model is under pressure. In order to secure growth and jobs in Europe, it is necessary to move to a new growth model built on developing emerging sectors with high added value. Given global decarbonisation concerns, the wide range of low-carbon technologies offers significant growth potential.
Industrial Innovation for Competitiveness (i24c) and Bruegel launched a new report assessing the potential for countries to excel in these emerging sectors. The report identifies whether countries are particularly specialised in innovating in specific low-carbon sectors.
Download the report here.