Menu
HomeHome  ›  Articles and Publications  ›  Policy Paper | Trade, money, power: A recipe for a green and competitive Europe?

Policy Paper | Trade, money, power: A recipe for a green and competitive Europe?

As Europe stands at a crossroads, it must navigate a complex landscape where economic competitiveness, energy security, and climate goals intersect. Historically a champion of open trade, the EU now faces mounting pressures from high energy costs, raw material dependencies, and competition in clean technologies. These challenges are compounded by the need to boost resilience amid rising geopolitical tensions and declining public support for climate policies. In this Policy paper EUROPEUM Institute analyst Filip Křenek explores how the EU can leverage trade policy, capital and energy markets to safeguard its global standing and foster a greener, more competitive future. Central European countries, like Czechia, play a crucial role in this effort, advocating for open markets while grappling with economic and energy dependencies and vulnerabilities.
11. November 2024

All strands of EU policy need to work together to help secure the EU’s competitiveness while leading the charge in decarbonisation. By advocating for a rules-based global trading system, diversifying critical supply chains, and strategically employing trade defence mechanisms, the EU can navigate these challenges without falling into the trap of protectionism. To maintain leadership in the green technology race, the EU must speed up its work on the Capital Markets Union to ensure that investments can flow freely across borders to finance the innovations needed for decarbonisation. Transforming the EU’s energy markets is imperative for both climate goals and competitiveness, as energy prices, if left unchecked, threaten to erode Europe’s manufacturing base, particularly in energy-intensive sectors.

You can read the Policy paper under the PDF button.

Share on socials

Related articles

Circularity and lifecycle management of batteries and structural materials in the automotive industry as an opportunity for Czechia*

Circularity and lifecycle management of batteries and structural materials in the automotive industry as an opportunity for Czechia*

TN.cz | Report on the EU internal market has a huge importance for Czechia

TN.cz | Report on the EU internal market has a huge importance for Czechia

ČT24 | Amendment to the law on emission allowances would bring changes in Czech climate policy

ČT24 | Amendment to the law on emission allowances would bring changes in Czech climate policy

Third year | Decarbonisation of the Czech automotive industry

Third year | Decarbonisation of the Czech automotive industry

Studio ČT24 | Emission Allowances for Transport and Heating of Buildings

Studio ČT24 | Emission Allowances for Transport and Heating of Buildings

chevron-down
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram