Green investing, winning the future
The European economy is faced with the dual task of securing its competitiveness and at the same time achieving climate targets. In particular, the transformation towards a climate-neutral circular economy requires significant investment, but also offers opportunities for innovation and sustainable growth. According to current estimates, the investment gap is around 850 billion euros per year in the period 2027 to 2034. In view of limited national budgets, the idea of a European public investment fund is gaining in importance. The report "The macroeconomic effects of a green European Public Investment Fund - taking climate change into account" by the Institute for Macroeconomics and Business Cycle Research of the Hans Böckler Foundation examines the macroeconomic effects of such a fund, taking into account the long-term climate costs.