I4CE supports Tunisia in its carbon pricing strategy

France is facing a climate investment deficit relative to its climate objectives. Today, these investment are already putting a strain on public finances, whether in terms of investing in public facilities or co-financing projects by households and business. Increasing climate investments is therefore a challenge for public finances. But the scale of the challenge varies, depending on future policies. So what room for manoeuvre is there in terms of climate-related public spending needs?

Assessing the state of progress to inform next steps in policy-making. The European Union (EU) is on its journey to become climate neutral by 2050. This multigenerational project holds many societal, economic, and environmental opportunities. At the same time, it is of unprecedented scale and implies considerable changes to the current systems, which need to be anticipated and addressed for the transition to be fair and acceptable to all. Regular progress checking is the key to understanding where the EU stands on the journey. It allows to identify challenges and opportunities and take targeted policy action guiding investment, supply, consumption, and societal development. There is still no official, comprehensive, and regular EU-wide progress monitoring to achieve this. This second ECNO progress check aims to close the current information gap. It provides a comprehensive view on the state of EU progress towards climate neutrality and identifies key areas of action for the next policy cycle.

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