Climate change

What could the rising weight of US firms in European asset management mean for Europe?

Dirk Schoenmaker

Risks for Europe of US dominance of global asset management

US firms’ rise in EU asset management may weaken sustainable finance, making tougher stewardship, ESMA supervision and autonomy urgent

Dirk Schoenmaker

To what extent can the EU's carbon border adjustment mechanism spur global climate action?

Maximilian Fuchs and Camille Reverdy

Investing for tomorrow: long-term investment, economic scale and the green transition

Climate mitigation investment increases with long horizons, economic scale and investor diversity, underscoring long-term capital and climate clubs

Philip Ushchev and Guntram B. Wolff

Five reasons why attacking the EU carbon market is economic self-sabotage

When discussing the EU emissions trading system, policymakers should remember five risks of undermining the system

Simone Tagliapietra and Georg Zachmann

EU renewables value tracker

Marie Jugé, Alexander Roth and Georg Zachmann

How will the Iran conflict hit European energy markets?

Policymakers should plan for a potentially prolonged standoff in the Middle East, while doubling down – not backtracking – on the energy transition

Simone Tagliapietra

Holding the line on the EU carbon border adjustment mechanism

Exempting fertilisers from CBAM would achieve little while risking climate progress

Kimberly Clausing, Ignacio García Bercero, Marilyn Pereboom and Catherine Wolfram

Defragmenting European Union climate policy

Simplification without carbon price convergence risks deeper fragmentation, higher costs and weaker credibility for the EU’s climate target

Michael Pahle, Darius Sultani and Georg Zachmann

How can the EU energy system be made more efficient?

Simone Tagliapietra

Better coordination for a more efficient European energy system

EU energy efficiency hinges on open data, integrated grid planning and aligned national plans as electrification raises the cost of fragmentation

Alexander Roth, Simone Tagliapietra and Georg Zachmann

Nature as equity

How can public money and financial markets work together to protect the environment?

Estelle Cantillon, Rebecca Christie and Heather Grabbe

‘Made with Europe’ not ‘Made in Europe’ should guide EU industrial policy

The European Union should not go down the path of local-content requirements to protect industry but should remain open to international cooperation

Ignacio García Bercero, Antoine Mathieu Collin, Ben McWilliams, Niclas Poitiers and Simone Tagliapietra

How can Europe make CBAM a decarbonisation success story?

Ben McWilliams

Europe’s emissions trading system is an ally, not an enemy, of industrial competitiveness

The 2026 review of the EU ETS must be anchored in facts and focus on the potential benefits of the system to EU competitiveness

Thomas Mramor and Simone Tagliapietra