Financing the transition

Shifting EU finance away from fossil fuels towards climate-neutral economies

Public Statement: A Social and Green Investment Plan for a prosperous and just transition

As organisations committed to tackling the multifaceted crises of our times – from climate change and biodiversity loss to the cost of living and energy independence – we call for a €1 trillion investment plan for people and the planet to be at the top of the agenda for future EU leadership. These challenges are largely an investment challenge, and EU funding is more needed than ever to mobilise and boost public and private financing of Europe’s resilience and competitive sustainability. Political parties’ manifestos all recognise this need. Now is the time to meet citizens’ expectations of a better future, invest in the transformation of our economy, and make good on the promises of the Green Deal. This statement presents our proposal for a Social and Green Investment Plan that would achieve these aims.

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Open letter: Support public investments for a stronger, more resilient and sustainable economy

We are deeply concerned about the return of overly restrictive fiscal policy. The final compromise on the reform of the EU economic governance due to be voted on by the European Parliament and the Council is multiplying unsubstantiated and arbitrary numerical benchmarks, which will trigger a wave of cuts to public budgets across Europe. Several countries, such as Germany, France and Denmark, have already cut or are planning to cut green investment and social spending for 2024 and 2025.

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Public Statement: A Social and Green Investment Plan for a prosperous and just transition

As organisations committed to tackling the multifaceted crises of our times – from climate change and biodiversity loss to the cost of living and energy independence – we call for a €1 trillion investment plan for people and the planet to be at the top of the agenda for future EU leadership. These challenges are largely an investment challenge, and EU funding is more needed than ever to mobilise and boost public and private financing of Europe’s resilience and competitive sustainability. Political parties’ manifestos all recognise this need. Now is the time to meet citizens’ expectations of a better future, invest in the transformation of our economy, and make good on the promises of the Green Deal. This statement presents our proposal for a Social and Green Investment Plan that would achieve these aims.

Read More »

Open letter: Support public investments for a stronger, more resilient and sustainable economy

We are deeply concerned about the return of overly restrictive fiscal policy. The final compromise on the reform of the EU economic governance due to be voted on by the European Parliament and the Council is multiplying unsubstantiated and arbitrary numerical benchmarks, which will trigger a wave of cuts to public budgets across Europe. Several countries, such as Germany, France and Denmark, have already cut or are planning to cut green investment and social spending for 2024 and 2025.

Read More »