Confirm the green deal as a priority in the next EU mandate
Confirm
The green deal as a priority in the next EU mandate
Confirming the Green Deal as Europe's growth and security engine, providing much needed clarity and
stability to industries and citizens. The undersigned stakeholders (companies, local entities, NGOs…)
ask EU leaders to confirm the GreenDeal 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 completing 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 [1], 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 [2]. No action on climate change, on the other hand,
could lead to a 10% loss in global GDP by mid-century [3].
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:
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:
1
Confirm the EU Green Deal as a top priority in the next EU Strategic Agenda, and complement it with
a Clean Industrial Deal that is in line with the Green Deal objectives
2
Align all EU financial instruments with the Green Deal objectives for 2030 and beyond,
includingestablishing a new Clean Industrial Deal Investment Plan as part of the next EU budget;
supporting cities and regions in the transition;
3
Appoint an Executive Vice-President for both the Green and Industrial Deals to ensure both
competitiveness and decarbonisation objectives are met in the most efficient way.
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 fate in our hands and advance towards a competitive, secure and democratic
Europe.
Let's not gamble on our future, let's build it!
[1] IEA (2023), Renewable Energy Market Update, June report
[2] IEA (2023), Energy Technology Perspectives 2023
[3] IIASA (2024), What are the economic costs of climate inaction
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