Lena Ek Member of the European Parliament. Lena Ek Member of the European Parliament The EU risks permanently lowered growth path The European economy

Lena EkMember of the European Parliament


The EU risks permanently lowered growth path

The European economy is severely set back by the crisis


• Adaptation and mitigation to climate change further challenges our economy

A “Triple Crisis”

• As do high levels of unemployment across Europe


Research and Innovation• In 2025 the world population will have increased

by 20% to 8 billion people.• Emerging countries accounted for 20% of the

world’s wealth, by 2025 they will account for 34%.

• China and India will by 2025 account for 20% of the world’s R&D.

• The current “Brain Drain”-trend will be reversed and replaced by “Brain Circulation”.

• Creates new possibilities for innovation in green technology.


Resource conservation

• Europe highly dependant on

import of key raw materials

Solutions



Towards an Eco-Efficient Economy

• Focus on European competitiveness.• Build leadership in frontier innovation.• Policy strategy focused on growth.• Reduce red tape for research within the

EU.• Create a sustainable, dynamic and

efficient Europe.

Europe 2020 – A strategy for smart sustainable and inclusive growth

• Innovation Union• Youth on the move• A Digital Agenda for Europe• Resource efficient Europe• An industrial policy for the globalisation

era• An agenda for new skills and jobs• A European platform against poverty


The EU Climate Package• The EU will reduce greenhouse gas emissions by at

least 20 % until 2020 (compared to 1990 levels). The reductions will be increased to 30% in the event of a global binding climate agreement.

• 20 percent of the EU’s energy consumption should come from renewables by 2020.

• 10 percent bio fuels in vehicles by 2020.

• 20 percent increase in energy efficiency.


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Technologies that can reduce global CO2 emissions from energy consumption


Ways to reduce emissions – it can be done!


REACH – a model

• REACH enters into a new phase on December 1 with the deadline for applications to register chemical substances.

• ECHA expect a total 38 000 applications (compared to an initial estimate of about 25 000).

• According to the Commission there are indications that companies have discovered previously unknown hazards thanks to the process of registration through REACH.

• Discovery of risks with old substances will create opportunities for greener alternatives.

• REACH has set a new standard globally

• The shift to renewables such as bio energy means an enormous potential for growth and jobs.

• The change is market driven and based on consumer reactions.

• Technology shifts have winners and losers.


Market driven smart, sustainable and inclusive growth

Conclusion: ”Never waste a good crisis”

• High unemployment met with innovation and the skills needed to tackle global challenges.

• Increased domestic fuel production and energy efficiency - diminished European dependence on undependable governments.

• Excellent growth potential for the European country side.

• More jobs and higher growth in a Europe with a better climate.



Thank you!

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Lena Ek Member of the European Parliament. Lena Ek Member of the European Parliament The EU risks permanently lowered growth path The European economy