Economics of Climate and Energy Transition
Comprehensive policy analysis and network building programme tackling economic aspects of the European Green Deal.
Bruegel’s Climate and Energy Programme covers five main thematic areas: 1) EGD governance and implementation, 2) Macroeconomics of decarbonisation, 3) Green diplomacy and geopolitics, 4) Green finance, 5) Green trade (EU-US negotiations on steel and aluminium agreement).
The overall objective of the work is ensuring Europe’s decarbonisation pathway is consistent with the 2050 climate neutrality target and promoting increased global cooperation on climate action.
This stream of work was funded by the European Climate Foundation (ECF).
Featured content
Transatlantic Climate and Trade Cooperation after the EU-US Summit
What should be expected from ongoing negotiations on the so-called Global Steel and Aluminium Arrangement and the forthcoming TTC meeting?
Section 232 Tariffs on Steel and Aluminium
The ongoing steel and aluminium negotiations between the EU and the US and their initial negotiation proposals are examined.
Section 232 reloaded: the false promise of the transatlantic ‘climate club’ for steel and aluminium
This paper sets out the EU and US perspectives on the ongoing negotiations and evaluates their initial negotiation proposals.
Tax for climate finance should start with shipping
Emissions from international shipping are the most realistic target for taxes to pay for climate spending in developing countries.
How Europe should answer the US Inflation Reduction Act
This policy brief explains what is in the IRA, the impact on the EU and other economies, and how the EU should react.
Climate versus trade? Reconciling international subsidy rules with industrial decarbonisation
Environmental subsidies could be justified when emissions taxation is not feasible or is insufficient due to political economy constraints.
A European policy mix to address food insecurity linked to Russia’s war
The food crisis creates short-term challenges but also points to systemic issues in the food sector.
Legal options for a green golden rule in the European Union’s fiscal framework
The role of competition in the transition to climate neutrality
The transition to climate neutrality requires the reallocation of production factors from polluting activities to non-polluting activities.
How can the European Union adapt to climate change?
A stronger adaptation governance framework would benefit adaptation efforts.
Greening Europe’s post-Covid-19 recovery
At this event Bruegel launched a new Blueprint that collects voices of policymakers and academics on the crucial topic of how to make sure Europe will
Commercialisation contracts: European support for low-carbon technology deployment
We outline the case for ‘commercialisation contracts’ (a form of carbon contracts for difference) to provide this transparent competition.
A green industrial policy for Europe
The EU needs to develop a strong green industrial policy. What should Europe's strategy look like and how can we achieve it?
Strategic Networks and Stakeholders Engagement
Bruegel convenes key stakeholders from different sectors and geographies - policymakers from EU Member States’ ministries of finance, central banks and EU institutions, chief economists from Bruegel corporate and institutional members - to discuss topical issues related to green macro-fiscal developments, green investments, governance in regular bi-monthly calls.
Bruegel is a member of the Think Tank Network on European Green Deal, which comes together in regular monthly video calls to discuss specific aspects and implementation of the EGD at national levels, and works towards overcoming the bridge between national and EU policymaking.
Bruegel team
Marie Le Mouel
Policy officer, European Commission, DG Clima
Simone Tagliapietra
Senior fellow
Reinhilde Veugelers
Senior fellow
Georg Zachmann
Senior fellow
