March 2014 – Is there a way for Europe to increase its competitiveness, while at the same time reducing its greenhouse gas emissions? This is the key question that the European Climate Foundation asks in a study looking at the relationship between emissions reductions and competitiveness, using the European chemicals industry as a case study.
The ECF authored the report with analytical support from McKinsey & Company and in consultation with a group of industry representatives and academics. It highlights the need for a broader notion of competitiveness to enable Europe to profit from the challenges of the transition. As a major share of emissions reduction opportunities identified in the study lie in cross-company and cross-sector integration, the question is raised as to how industry and policy makers can interact effectively to unlock these more complex opportunities.
The report can be downloaded here.
The annexes can be downloaded here.
The launch presentation can be downloaded here.