How to make the European green deal work by Gregory Claeys ; BruegelPublication Date: 2019
Commission president von der Leyen has made climate change a top priority, promising to propose a European Green Deal that would make Europe climate neutral by 2050. The European Green Deal should be conceived as a reallocation mechanism, fostering investment shifts and labour substitution in key economic sectors, while supporting the most vulnerable segments of society throughout the decarbonisation process. The deal’s four pillars would be carbon pricing, sustainable investment, industrial policy and a just transition.