Green investment needs in the EU and their funding

The EU faces substantial investment needs to achieve its green transition, necessitating an additional €477 billion annually to meet its climate targets by 2030. The European Central Bank (ECB) stresses that private sector funding is crucial to support these investments, while the public sector can help by reducing financing costs and de-risking green initiatives. A notable reliance on banks for capital highlights the importance of addressing climate risk in lending policies. The funding landscape will require collaborative efforts across various sectors to mobilize the necessary resources effectively.