Europe needs to shift its public investments from fossil fuel subsidies and road building to green fuels
€39bn a year For green transport technologies
Reaching net zero by 2050 will require significant investments in green technologies, as outlined in the Draghi report. T&E's study looks at EU level investment needs - public and private - for critical transport sectors to reach net zero in 2050.
After declaring itself a ‘climate bank’, the EU investment bank still financed new roads and airport expansions.
T&E's analysis of gaps and opportunities for the European Investment Bank’s transport lending.
The European Commission missed a big opportunity to create a cleantech bazooka.