Speakers
Objectives
The green and digital transitions require significant investment. The EIB’s latest investment report shows that investment to mitigate climate change is increasing but remains well below what is needed to achieve the EU’s goal of zero net emissions by 2050 (around EUR 500 billion per year between 2020 and 2030).
Investment is the lifeblood of competitiveness and productivity. In the aftermath of the global financial crisis, net investment in the US and Europe fell sharply, but the decline was particularly pronounced in Europe. Moreover, the investment gap between Europe and the US exists in almost all sectors but is particularly large in technology and energy. The top 10 US companies invest three times as much as the top 10 European companies… Insufficient investment threatens Europe’s competitiveness, its way of life and its place in the world, and without competitiveness, investment will not flow.
This plenary session will assess the main reasons why productive investment is much lower than in the United States or Asia. The panel will then examine whether European solutions (Green Deal, NGEU, DORA…) can make a difference in increasing productive investment in EU countries. Speakers will also be invited to give their views on the main priorities for tackling the obstacles to the development of productive investment in Europe.
Points of discussion
- How to explain the lack of productive investments in Europe during the past years?
- Are European solutions (Green Deal, NGEU, Digital Services Act, Digital Operational Resilience Act, …) a game-changer for increasing productive investment in EU countries?