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The sustainability transition in Europe in an age of demographic and technological change

Publication Created 03 Mar 2020 Published 24 Jun 2020
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An exploration of implications for fiscal and financial strategies
Downloading: PDF document icon TH-AL-20-014-EN-N The sustainability transition in Europe - FINAL.pdf — PDF document, 6.15 MB (6443688 bytes)
Publication Created 03 Mar 2020 Published 24 Jun 2020
EEA Report No 23/2019
An exploration of implications for fiscal and financial strategies

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Building the foundations for fundamental change Achieving sustainability will require fundamental, transformative, and cross-cutting change, entailing major shifts in society’s goals, incentives, technologies, social practices and norms, as well as in knowledge systems and governance approaches.
Ageing population, emerging technologies and fiscal sustainability can influence EU’s path to sustainable future Environmental policies must be better integrated across all government work if Europe is to stay on target toward a sustainable, carbon-neutral future. This will be crucial amid the profound changes which are expected to happen as a result of an ageing European population, a widespread technological change, and the competing allocations of public budgets. Tackling these complex challenges with sustainability in mind will require clear, bold, long-term and future-proof policies, according to a European Environment Agency (EEA) report published today.

Related briefings

Investments in the sustainability transition: leveraging green industrial policy against emerging constraints To accelerate the green transition, Europe needs a solid socio-economic and fiscal policy framework to ensure the European Green Deal is smoothly implemented in the upcoming EU institutional cycle. This requires some clear political decisions and good policymaking, namely within fiscal and industrial policies. New green industrial policies can help overcome limitations in public finance for the green transition.
The role of (environmental) taxation in supporting sustainability transitions This briefing looks at the role of environmental taxes through two lenses. First, it analyses past and current trends in taxes in their ability to raise revenues, and their use as a basis for reform programmes that aim to shift taxes from labour and capital to resource use and environmental pollution. Second, it considers the potential for generating revenue from energy taxes and carbon pricing in the coming decade and their role in achieving the EU’s aim of being climate neutral by 2050, and the implications of this for tax shifting programmes.

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For references, please go to https://www.eea.europa.eu/publications/sustainability-transition-in-europe or scan the QR code.

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