“Investing in Climate Action: the Make-or-Break Decade”: EU mobilizes for the planet
March 23, 2021
“Investing in Climate Action: The Make-or-Break Decade” is a live virtual event, organized by the European Commission, the European Investment Bank and Project Syndicate, that is taking place on 24 March.
The decade 2021-2030 is a “make-or-break” moment for us all to address our planet’s climate and environment emergency. If we don’t change course, we could face a catastrophic temperature rise of more than 3°C this century.
This is the setting for this event for which the European Commission and the European Investment Bank join forces to gather global leaders on climate action to forge a truly global green deal aimed at massively reducing our global carbon footprint, ensuring an equitable distribution of clean technologies, investing in breakthrough technologies and supporting a circular economy.
Alongside experts from China, Kenya, the US and the EU, they will assess the progress made so far and examine how public and private capital can work together to achieve a just transition to a “net-zero” emissions economy. The discussion will grapple with the concept of “climate winners and losers” and ask to what extent policy responses in the making such as the European Green Deal and the EU Climate Law address this and pave the way for a just and inclusive transition to a zero carbon future.