It is very interesting to see how, when faced with the same problem, the tendency is to arrive at similar or convergent solutions, even when starting from different viewpoints. We have always stressed the importance of the Green New Deal for EU (GNDE), and now it looks as if the analysis put forward by Bruegel and the European Council on Foreign Relationships (published on 2 February) has come up with some of the same recommendations that are in the GNDE.
We invite everyone to read the Bruegel document in its entirety, but here are some of the actions it recommends:
“4. Become a global standard-setter for the energy transition, particularly in hydrogen and green bonds. Requiring compliance with strict environmental regulations as a condition to access the EU market will be strong encouragement to go green for all countries.
5. Internationalise the European Green Deal by mobilising the EU budget, the EU Recovery and Resilience Fund, and EU development policy.
6. Promote global coalitions for climate change mitigation, for example through a global coalition for the permafrost, which would fund measures to contain the permafrost thaw.
7. Promote a global platform on the new economics of climate action to share lessons learned and best practices.”
What do our readers think?
Leonard, M., J.Pisani-Ferry, J. Shapiro, S. Tagliapietra and G. Wolff (2021) ‘The geopolitics of the European Green Deal’, Policy Contribution 04/2021, Bruegel Policy Contribution Issue n ̊04/21 | February 2021 The geopolitics of the European Green Deal Mark Leonard, Jean Pisani-Ferry, Jeremy Shapiro, Simone Tagliapietra and Guntram Wolff