* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, August 25, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

    ‘When Calls the Heart’ Fans All Want the Same Thing After Seeing the Show’s Latest Update – yahoo.com

    When Calls the Heart’ Fans Rally Together in Excitement Over Exciting New Update!

    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Ten upcoming sports stadiums where technology takes to the field – Dezeen

    10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

    ‘When Calls the Heart’ Fans All Want the Same Thing After Seeing the Show’s Latest Update – yahoo.com

    When Calls the Heart’ Fans Rally Together in Excitement Over Exciting New Update!

    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Ten upcoming sports stadiums where technology takes to the field – Dezeen

    10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Christine Lagarde: Now is the time to climate-proof Europe’s economy

November 25, 2023
in Business
Christine Lagarde: Now is the time to climate-proof Europe’s economy
Share on FacebookShare on Twitter

24 November 2023

By Fatih Birol, Executive Director of the International Energy Agency, Werner Hoyer, President of the European Investment Bank, and Christine Lagarde, President of the European Central Bank

This post is the first in our series accompanying COP28

Europe must push the green transition forward if it wants to remain competitive in the world. New technologies and green energy aren’t just better for the environment, they also make good economic sense. To be successful, however, the transition needs to be just and inclusive.

Climate change is accelerating. Our time to limit global warming to 1.5°C is running out. We can either play our part within our mandates or suffer the dire consequences of our inaction.

As policymakers, business leaders and civil society prepare for climate negotiations at COP28 in Dubai next week, 2023 looks certain to be the hottest year on record. Extreme wildfires, droughts and floods are taking a heavy human and economic toll across the world. The evidence is clear: analysis from the European Central Bank shows that the longer we wait to reduce our emissions and transition to a greener economy, the higher the cost. And the European Investment Bank’s 2023 Investment Survey shows that two out of three European firms are already facing damages and losses due to climate change.

At the same time, the way we fuel our economies is changing and the energy transition is moving fast. A combination of policies, innovation, carbon pricing, and private and fiscal funding – including through the European Green Deal – is accelerating investment in technologies that will help mitigate the degradation caused by the unabated burning of fossil fuels and global warming.

Global spending on clean energy is breaking records, as the International Energy Agency’s World Energy Outlook shows. This shift to cleaner energy is not solely motivated by goodwill: it also makes economic sense. It is now cheaper and faster to deploy renewables rather than build new infrastructure for fossil fuels. In a world of heightened geopolitical uncertainty, clean energy technologies help boost countries’ energy security and independence.

The green transition is not only important for protecting our environment, but also for protecting our economy. It does not make economic sense to invest in energy sources that are becoming increasingly uncompetitive, and miss out on technological breakthroughs that will shape the energy mix of the future. If Europe fails to join the global energy revolution, its competitiveness will be irreparably harmed.

Europe needs to be clear-sighted, ambitious and determined if we are to avoid this outcome. It has to create a stable and favourable regulatory environment with well-defined strategic objectives, in which private capital is firmly directed towards green technologies. A global level playing field is also needed to allow innovation to thrive.

Financing instruments such as EU-issued green bonds will help fund breakthroughs in clean technologies, and would be even more powerful in a fully completed capital markets union. Tailored financing solutions or guarantees to alleviate the risk attached to highly innovative private investments − like floating windfarms, green hydrogen or new battery technologies − will help roll out the infrastructure Europe needs to achieve net zero. And at the global level, carbon pricing would provide transparency to encourage consumers and investors to move towards sustainable and energy-efficient products and assets.

But Europe going it alone will not be enough: unless others act as well, we will all fail. Initiatives such as the European Green Deal should be coupled with ambitious development policies that support developing regions beyond Europe in adopting clean energy sources. Investments in cutting-edge European technologies can, and will, make a difference.

In working to transform our economy, we must ensure we take everyone along. Europe must strive for a just, inclusive and equitable transition. Climate change and transition policies may hit the most vulnerable businesses and households hardest. We need well-targeted temporary fiscal measures and retraining initiatives to spread the burden of the transition fairly.

In the face of economic challenges, climate policies are too often seen as a scapegoat. But the consequences of inaction would be far worse. The answer does not lie in diluting our ambition but rather in unleashing the full potential of our innovators, making Europe’s economy more competitive and resilient and securing a fairer and more sustainable future for everyone.

COP28 is a chance for the EU and countries around the world to show that they are committed to leading the fight against climate change and to back up that resolve with concrete action. Within our mandates, we will participate in that collective endeavour.

This blog post was also published as an opinion piece in several European newspapers.

Check out The ECB Blog and subscribe for future posts.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : European Central Bank – https://www.ecb.europa.eu//press/blog/date/2023/html/ecb.blog231124~2277034ee2.en.html

Tags: businessChristineLagarde
Previous Post

Powertap Provides Bi-Weekly Status Report

Next Post

Otega Oweh scores tip-in with 1.4 seconds left to give Oklahoma 72-70 win over USC

South Carolina city selected to host 2027 Diamond Youth Baseball World Series – WRDW

South Carolina City Selected to Host the Exciting 2027 Diamond Youth Baseball World Series

August 25, 2025

Brazil’s low-voltage consumers could save 16% on power bills – Valor International

August 25, 2025
‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

August 25, 2025
Georgia lawmakers plan for federal cuts to already ‘underfunded’ public health services – Grice Connect

Georgia Lawmakers Prepare to Fight Federal Cuts Threatening Public Health Services

August 25, 2025
Poverty and Policy, Not Politics, Drive Crime in American Cities | Opinion – Newsweek

How Poverty and Policy Drive Crime in American Cities-Beyond Politics

August 25, 2025
Pressured researchers in ecology and conservation demand support to guarantee fair interactions with stakeholders – ScienceDirect.com

Pressured researchers in ecology and conservation demand support to guarantee fair interactions with stakeholders – ScienceDirect.com

August 25, 2025
What moving averages say about Genenta Science S.p.A. Depositary Receipt – Stop Loss & Technical Pattern Based Signals – Newser

What Moving Averages Reveal About Genenta Science S.p.A.: Key Stop Loss Strategies and Technical Patterns Uncovered

August 25, 2025
Asking Eric: My partner’s unhealthy lifestyle is killing our relationship – MassLive

How My Partner’s Unhealthy Habits Are Driving a Wedge Between Us

August 25, 2025
Ten upcoming sports stadiums where technology takes to the field – Dezeen

10 Futuristic Sports Stadiums Revolutionizing the Game with Cutting-Edge Technology

August 25, 2025
WEATHER REPORT: Notre Dame Fighting Irish VS Miami Hurricanes – Yahoo Sports

Epic Showdown Ahead: Notre Dame Fighting Irish Clash with Miami Hurricanes

August 25, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (789)
  • Economy (809)
  • Entertainment (21,689)
  • General (16,667)
  • Health (9,850)
  • Lifestyle (822)
  • News (22,149)
  • People (810)
  • Politics (818)
  • Science (16,020)
  • Sports (21,308)
  • Technology (15,790)
  • World (791)

Recent News

South Carolina city selected to host 2027 Diamond Youth Baseball World Series – WRDW

South Carolina City Selected to Host the Exciting 2027 Diamond Youth Baseball World Series

August 25, 2025

Brazil’s low-voltage consumers could save 16% on power bills – Valor International

August 25, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version