Is the policy framework in place to support the green transition (operationality of rules, macro context, financing availability, carbon pricing, transition policy…)?

Objectives of the roundtable

The objective of this session is to assess the reasons why the pace of investments made for the ecological transition in the countries of the Union is insufficient with regard to the needs identified by the European Union and the Member States despite Europe’s regulatory and financing commitments to the climate transition. Speakers will also be invited to express their views on the impact of the carbon pricing in the EU and the role that governments should play in financing this transition.
Although focused on Europe, this session will look at the regulatory obstacles to the financing of this transition in non-OECD countries by European financial players.

Points of discussion

1. Are the sectoral transition frameworks of the Green Deal triggering enough and appropriate investment to succeed in the EU green transition? How to explain the lack of investable projects in the green transition in Europe? What are their remaining sectoral uncertainties and challenges that need to be improved and what are the related consequences for the EU financial sector?
2. How to assess, in this perspective, the impact of the carbon pricing in the EU?
   The price of carbon varies widely around the world. What impact does this heterogeneity of carbon prices have on Net Zero in Europe and the rest of the world, and on the competitiveness of companies in different geographical areas?
3. In a context of increasing collective needs (decarbonisation, etc.) and exhausted budgetary margins in highly indebted European countries, what role should governments play in financing the green transition and how should they intervene?