Industrial strategies for Europe’s green transition
Industrial policies are not necessarily incompatible with competition and should be designed to not slow down structural change and business dynamics.
In this episode of The Sound of Economics, Rebecca Christie invites Chiara Criscuolo and Reinhilde Veugelers. The speakers argue that the current pace of innovation is too slow to face the challenge of climate change and that a range of barriers and market failures remain at the root of the problem. To resolve these, a mission-oriented industrial strategy for the green transition is needed.
Relevant publication:
- Industrial strategies for Europe’s green transition, Chapter by Chiara Criscuolo, Antoine Dechezlepretre and Guy Lalanne, Bruegel Blueprint (Sparking Europe’s new industrial revolution: A policy for net zero, growth and resilience), July 2023
- OECD paper, June 2023
- , OECD project
- , OECD project
Related content
Sparking Europe’s new industrial revolution: A policy for net zero, growth and resilience
This book assesses what must be done to implement industrial policy in a way that will achieve overarching goals while minimising distortions.
The triple purpose of EU industrial policy
How can the European Union’s industrial policy advance decarbonisation while fostering strategic autonomy and economic efficiency?
Nature on the balance sheet: a financial perspective
How can businesses, governments and financial institutions work together to tackle the global biodiversity crisis?
Clean Industrial Deal: a conversation with EVP Teresa Ribera
How will the Clean Industrial Deal support EU industries?