In collaboration with Bruegel, i24c publishes an interactive report based on the perviously launched version, An approach to identify sources of low-carbon growth for Europe (September 2016). The report puts forward a methodology on identifying the potential countries have in excelling in emerging sectors. It identifies whether countries are particularly specialised in innovating in specific low-carbon sectors. The purpose of this exercise is to develop a new growth model for Europe which could secure growth and jobs in Europe. It concludes that it most likely will be necessary to move to a new growth model built on developing emerging sectors with high value added.
For many years, the European Union’s growth model has been to find new markets for the products and services it is able to produce cheaper and better than most other countries. This model is under pressure. The report, An approach to identify sources of low-carbon growth for Europe, written by Georg Zachmann, Senior Fellow at Bruegel, suggests that given the global decarbonisation concerns, the wide array of low-carbon technologies currently becoming available, offer a significant new growth potential for Europe.
To view the data applied and accessing the interactive version of the report, please click here.