Upcoming Event

Jul
5
12:30

Green public investment after COVID-19

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How can the public sector meet the climate funding needs of the EU?

July 5, 2022, 12:30 pm Bruegel, Rue de la Charité 33, 1210 Brussels Public | On the Record Livestreamed Topic: Macroeconomic policy

Livestream and q&a

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The EU has set ambitious climate targets with its Green Deal and Fit for 55 package, which will require substantial additional investments and major regulatory and tax measures. The EU’s energy policy response to Russia’s invasion of Ukraine, REPowerEU, foresees either additional or frontloaded measures to foster the green transition.

These investments will have to be funded. While most investments would be funded by the private sector, a large share of the costs will have to be funded by the public sector, either as public sector investment or by incentivising private sector investment, due to network externalities, information inefficiencies, or political economy realities.

How will EU governments meet the challenge of significantly increasing climate funding when EU fiscal rules (after their re-introduction) will require fiscal consolidation? Is there a need to alter EU fiscal rules to foster green public investment? Would a new EU climate fund be a good solution?

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Schedule

Jul 05, 2022

12:30-13:00

Lunch and check-in

13:00-13:45

Conversation

Chair: Zsolt Darvas, Senior Fellow

Elena Flores, Deputy Director-General, European Commission, DG ECFIN

Louise Skouby, Head of Division for International Economics, Ministry of Finance, Denmark

Laurent Zylberberg, Chairman of the European Long-Term Investors Association (ELTI) and Senior Executive Vice-President in charge of Public, International and European Affairs, Caisse des Depots Group

13:45-14:00

Q&A

14:00

End

Speakers

Zsolt Darvas

Senior Fellow

Elena Flores

Deputy Director-General, European Commission, DG ECFIN

Louise Skouby

Head of Division for International Economics, Ministry of Finance, Denmark

Laurent Zylberberg

Chairman of the European Long-Term Investors Association (ELTI) and Senior Executive Vice-President in charge of Public, International and European Affairs, Caisse des Depots Group

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Katja Knezevic

[email protected]uegel.org

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