This was an online event. 

On 2 July 2025, the European Commission published the EU’s 2040 climate target, proposing a 90% net reduction in greenhouse gas emissions from 1990 levels. While the target provides clarity on the EU’s climate trajectory towards 2050, it also carries significant macroeconomic implications. Delivering such a deep decarbonisation pathway will require major structural transformations across European economies, with wide-ranging consequences for competitiveness, fiscal sustainability, labour markets, and investment patterns. At the same time, it creates opportunities for innovation, technological leadership, and long-term growth.

This event focused on the macroeconomic implications of the 2040 target. Bringing together leading experts in economics and climate policy, the discussion explored the trade-offs, risks, and opportunities of the EU’s climate ambition, and assessed how policy can support both climate neutrality and economic resilience.

Draft Agenda Read our Feedback to the EC  Watch the recording