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The current EU offshore wind energy target for 2030 is 60 GW. However, the individual member states are more ambitious, with the sum of their national offshore wind energy targets currently at 107 GW, by far outweighing the EU target.
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The passenger electric vehicle car is taking off in the EU thanks to extensive decarbonization policies. We analyze the role of GDP per capita, available charging infrastructure, and governmental incentives in achieving the EU 2030 targets.
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The establishment of a loss and damage compensation could no longer be delayed. Factors impeding progress were overcome. COP27 agreed on a new loss and damage fund.
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Human well-being, our economies, and the ability to reach our climate goals are heavily dependent on biodiversity. Yet, economic activities continue to cause massive damage to nature. The UN Convention on Biological Diversity’s 15th conference, COP15, presents a timely opportunity to set targets to reverse the global loss of biodiversity and ecosystems as part of the Post-2020 Global Biodiversity Framework.
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Italy’s new government has the thankless task to balance fiscal support amid the energy crisis and keeping public finances in check. Unless energy prices and bond yields come down significantly, debt affordability challenges could materialise soon.
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Over the past 18 months, the Eurozone has witnessed the sharpest rise in inflation since its inception. But the inflation wave also stands out from a longer, post-World War II perspective. What has received less attention, though, is the huge variation in inflation rates across member states.
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The ECB is in a unique position to fundamentally strengthen the eurozone and support the fiscal policies of its member states. But everything depends on a successful bond issuance by the ECB.
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Due to structural deficits on the US current account, its net external investment position is close to minus 100% of GDP. In a world, in which China is promoting the international use of the renminbi, this may have consequences for the position of the dollar.
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Within the EU Green Deal the transport sector needs to cut 90% of its emissions by 2050. This article outlines the policies that the EU is deploying to this end. The policies cover a very broad range, raising the question of whether the many stakeholders will be able to implement all the required changes.
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Italian elections on September 25 are set to be won by the conservative right coalition. Importantly, Italy will continue to support sanctions against Russia and eurozone membership, but frictions with the EU and the risk of fiscal slippage will increase.
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On September 14, the European Commission proposed specific intervention measures to address the soaring energy prices. Such intervention is a complex task, and any approach has its own drawbacks. This report reviews the proposal and contextualises it, among all the possible ones.
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There is a real risk of gas shortages this winter or in spring in certain Eurozone member states, such as Germany and Italy. Despite the search for alternatives for Russian gas, drastic cuts in gas demand are required in Germany.
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The advance estimate for Q2 GDP growth shows that the US is in a ‘technical recession’, which means two consecutive quarters of negative GDP growth. Meanwhile, the strong labor market is telling a different story. Therefore, it is not likely that the current economic circumstances will lead the NBER to call an official recession in H1.
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Internationale waardeketens staan onder druk, maar de globalisatie stagneert al jaren. Hoe is het met de Nederlandse handelsintegratie de afgelopen jaren gegaan? En hoe verhoudt zich dat tot andere landen? In dit artikel geven we een overzicht van de Nederlandse handelsintegratie in het algemeen.
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De internationale waardeketens staan onder druk door de grote verstoringen in deze ketens. In deze studie vatten we samen wat de literatuur hierover zegt.
