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Greening Next-Generation Europe

European political and business leaders have signaled clearly that they understand the urgent need for decarbonization, and have set their boldest and most ambitious targets yet. But the region’s young generation has never been more impatient to see lofty rhetoric and noble intentions translated into real and visible action.

BRUSSELS – The COVID-19 crisis could have killed the climate cause. Instead, the pandemic has reinvigorated it – not least in Europe. Never before have so many of the region’s economy and finance ministers and business leaders realized that decarbonization and the green transition can actually drive, rather than hinder, job creation, infrastructure investment, and industrial innovation. As Europe gears up for a post-pandemic economic recovery, decarbonization is not only essential, but also presents genuine opportunities if we get it right.