With its European Green Deal and its “Fit for 55” package, the European Union continues to strengthen its climate objectives, reinforcing and extending the carbon price, while introducing regulations such as ending the sale of new petrol and diesel cars from 2035. At the same time, since 2020 there has been only a marginal increase in funding to support Member States, businesses and families in making the investments necessary for the transition, including in strategic sectors such as green technology (cleantech).
To take these discussions forward, I4CE is starting to assess the need for climate investments at the EU level. The Institute is also analysing European public funding, particularly that dedicated to innovation, where the EU budget can have a decisive impact. I4CE pursues its activities at the European level, particularly regarding financial regulation and carbon certification.