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EU Policies for the green transition, 2019-2024

Author

Listed:
  • Pilar L’Hotellerie-Fallois

    (BANCO DE ESPAÑA)

  • Marta Manrique

    (BANCO DE ESPAÑA)

  • Danilo Bianco

Abstract

Climate transition in the European Union has been a central sphere of action of the European Commission during the 2019-2024 legislature. This paper details how EU climate policies have evolved in that period through various instruments, starting with the European Green Deal which led to the inclusion in EU Law of the ambition to be climate-neutral by 2050. This aim is also an integral part of the recovery and resilience plans adopted under NextGenerationEU, the REPowerEU plan and the Green Deal Industrial Plan.

Suggested Citation

  • Pilar L’Hotellerie-Fallois & Marta Manrique & Danilo Bianco, 2024. "EU Policies for the green transition, 2019-2024," Occasional Papers 2424, Banco de España.
    • Handle: RePEc:bde:opaper:2424e
    DOI: https://doi.org/10.53479/37523
    as

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    File URL: https://www.bde.es/f/webbe/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosOcasionales/24/Files/do2424e.pdf
    File Function: First version, August 2024
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    More about this item

    Keywords

    climate transition in the EU; energy transition in the EU; European Green Deal (EGD); NextGenerationEU; REPowerEU; Green Deal Industrial Plan (GDIP);
    All these keywords.

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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