A Green New Deal for Europe: Towards Green Modernization in the Face of Crisis

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Authors:
Dr. Philipp Schepelmann
Marten Stock
Thorsten Koshka
Dr. Ralf Schüle
Prof. Dr. Oscar Reutter

Over the past year, billions of Euros have been spent in Europe, the US and other industrialised countries on so-called ‘recovery packages’ to overcome the economic crisis. However, these unprecedented amounts of public money could also be focused on fostering an ecological transformation of our economies, and not on safeguarding the economic patterns that brought about the crisis in the first place. Needless to say, this is no easy task. The present report by the Wuppertal Institute is meant to take stock of the current situation and identify the most suitable areas, the most effective instruments and the best practices for promoting this transformation.

For more information and to download the publication, please visit the GEF website.