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An approach to identify sources of low-carbon growth for Europe

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. To secure growth and jobs in Europe, it is likely to be nec­essary to move to a new growth model built on developing emerging sectors with high value added. But in which sectors can Europe grow, and what economic policies would work?

Given global decarbonisation concerns, the wide array of low-carbon technologies offers significant growth potential. The report assesses the potential of countries to excel in these emerging sectors  and identifies whether countries are particularly specialised in innovating in specific low-carbon sectors.

This report was authored by Georg Zachmann, Senior Fellow, Bruegel and made possible by an i24c research grant.


view interactive version of the report