I4CE – Institute for Climate Economics is pleased to contribute to the 17th edition of Capgemini’s report on the European Observatory of energy markets. Emilie Alberola, Marion Afriat and Matthieu Jalard provide an overview of COP21 challenges and of carbon pricing policies before drawing up an analysis on European climate policy effectiveness.
Download the full report here
European Energy Markets Observatory of Capgemini: I4CE’s contribution
Commission President von der Leyen announced a €2 trillion EU budget fit “for a new era,” set to launch for a seven-year period in 2028. As EU-watchers in Brussels and beyond scrambled to digest the reams of legislative proposals that followed this headline-grabbing announcement, much in the detail should give pause – especially from the perspective of closing the EU’s climate investment deficit.
With the dust settling from COP29’s hard-fought negotiations on the New Collective Quantified Goal (NCQG), attention is shifting to how the climate finance goal will be met. The challenge is how to scale up financing for increasingly connected priorities in a challenging landscape of debt stress and cuts in official development assistance.