Fostering an integrated policy agenda for the European Union (EU)
The ambition of the European Climate Foundation (ECF) is to foster integrated EU and national policy frameworks that reconcile the imperatives of fighting climate change and fostering prosperity around a robust climate and energy framework for 2030.
Europe will need to remain ambitious and stay at the forefront of the global transition to a low-carbon future in order to generate competitive advantage. China, Brazil, India and the United States are all investing in low-carbon technologies and companies that translate into market share and patents. The European opportunity lies in encouraging investment in the types of innovations needed to ensure a low-carbon future and to generate the success of its companies and economy as a whole in the process.
The pressing challenge is to translate the vision of European decarbonisation by 2050 now into a robust legal and political framework for Europe’s climate and energy policies for 2030, and to ensure its wider economic policies also embed and drive this agenda, too. For example, given the EU’s high dependence on energy imports, with 26 out of 28 Member States being net energy importers, there is not
only the environmental imperative of reducing CO2 emissions, but also a strong energy security imperative. And with innovation being such a key factor of competitive success for all industrial companies, there is a growing imperative to further develop an industrial innovation strategy and related policies that enable European companies to seize the economic benefits of the low-carbon transition.
In close collaboration with a wide range of partners, such as environmental non-governmental organisations, trade unions, businesses, consumer groups and others at the EU and national levels, the ECF focuses on three strands of work:
- Making the case that the low-carbon transition can and has to be part of Europe’s industrial, political and societal future.
- Demonstrating how climate objectives and competitiveness do not necessarily contradict each other but can in fact be mutually reinforcing – and especially how innovation is key to achieving both objectives.
- Exploring pathways towards effective decarbonisation options to help show the way.
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