The European Commission estimates that an additional €477 billion in investments per year is needed for the green transition alone towards 2030. To plug this gap, private capital is expected to play a key role. During the previous mandate, the Commission implemented much of the regulation to facilitate this. Yet today, regulatory tools focusing on transparency and accountability are being scaled back as part of a simplification and deregulation agenda. Simultaneously, other measures to ensure that finance is mobilised at the scale required are being explored.
Reports by Mario Draghi and Enrico Letta highlight a mismatch between high household savings and limited investment options, particularly for young, innovative companies. Strengthening EU capital markets, especially for risk capital, could help bridge this gap. In her 2024-2029 Political Guidelines, President von der Leyen announced that the Commission will propose a European Savings and Investments Union, encompassing banking and capital markets, to ensure that European savings are channeled to finance strategic investments and offer more financing options to European businesses.
At the same time, negotiations on the next long-term EU budget are ongoing, with clear divisions between Member States on the size and allocation of the budget. The role of public finance to leverage private investments will be a key part of the conversation.
Join this Science4Policy session “Turning on the taps: Financing the green transition, mobilizing private finance” to discover more.
Register for the conference now!
SPEAKERS:
Moderator: Jarl Krausing, Deputy CEO & International Director, CONCITO
- Burçak Inel, Director of Financing Sustainable Growth, European Banking Federation
- Kim Jørgensen, General Director, EIB
- Jurei Yada, Director, Strategic Member State Engagement & Head of EU Sustainable Finance, E3G
- Lars Haagen, Deputy Permanent Secretary, Danish Ministry of Finance
