A European study published by the Rousseau Institute, a laboratory of ideas that analyzes various aspects of climate change, found that Spain’s Needs to “channel” an additional 3.2% of GDP into the climate field If you want to “reap the benefits of migration.” To do this will require “a total investment of €2.9 trillion between now and 2050 to put Spain on the path to climate neutrality and maintain its competitiveness as the world moves towards net neutrality.”
According to this report, Spain and Poland are the two countries in need of the most extra investment within the European UnionBoth the public and private sectors must be on the path to the ecological transition required to confront the climate challenges ahead.
Reform in transportation and agriculture
The report titled “Road to net zero. Closing the green investment gap” points out that Spain needs to make “significant efforts to expand its railway network and flexible mobility infrastructure” and It recommends increasing public investments in transport by 9 billion euros per year.
The Rousseau Institute also devotes a chapter to the topic: agriculture, Here he advocates transforming the sector towards sustainable practices, which would reduce current production by a “negligible” amount, but in return this strategy would “guarantee sufficient production to feed the entire EU population and meet essential export needs” for dairy products and wheat.
Likewise, he suggests making an introduction. Tax on “intensively produced” meat and dedicate those tax revenues to “compensating affected farmers” and “funding price reductions for organic and inclusive foods.”
The study also recommends supporting it with public funds. Converting the tractor fleet to low-emission vehicles and using biogasTo reduce the prices of “organic” foods so that they are affordable for the majority of the population and to protect the European market from “cheap imports”.
In the case of Spain, which has 15% of the EU’s agricultural area, the report highlights that this is a country that allocates proportionately less public support to the conversion to agroecology than other countries with fewer products, such as Italy or Germany. .
More investment in the EU: “a smart measure”
In the EU as a whole, this think tank predicts: €40bn investment will be needed to achieve decarbonisation targets by mid-century On average, the production system and channel contributes an additional 2.3% of the EU’s GDP to this area.
Public expenditure in twenty-seven According to the authors of the study presented in Brussels, to finance decarbonisation this amount needs to be doubled and rise from 250,000 million euros to 510,000 million euros per year.
“Numbers may seem significant, but Investing in the green transition is a smart financial measure“This represents a very small fraction of what EU governments have allocated for Covid-19 recovery and fossil fuel subsidies,” said research director Guillaume Kerlero from Rosbo.
The authors of the analysis, carried out with the support of the Green group in the European Parliament, recommend that ongoing reforms of EU tax rules exclude decarbonisation investments such as clean transport and building renovation.
“It’s time for European governments to put their money into practice Belgian Philippe Lamberts, a member of the European Parliament and chairman of the Greens, said public investments should be prioritized to face the green transition.
Full report: https://institut-rousseau.fr/road-2-net-zero/
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Contact address of the environmental department:[email protected]
Source: Informacion
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