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The triple challenge for Europe: the economy, climate change and governance

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posted on 2023-06-09, 03:40 authored by Ben MartinBen Martin
Europe is confronted by an intimidating triple challenge – economic stagnation, climate change, and a governance crisis. This paper demonstrates how the three challenges are closely inter-related, and discusses how they can be dealt with more effectively in order to arrive at a more economically secure, environmentally sustainable and well governed Europe. In particular, a return to economic growth cannot come at the expense of greater risk of irreversible climate change. Instead, what is required is a fundamental transformation of the economy to a new ‘green’ trajectory based on rapidly diminishing emission of greenhouse gases. This entails much greater emphasis on innovation in all its forms (not just technological). Following this path would mean turning Europe into a veritable laboratory for sustainable growth, environmentally as well as socially. The paper is based on a forthcoming book: Fagerberg, J., S. Laestadius and B. R. Martin eds. (2015) The Triple Challenge for Europe: Economic Development, Climate Change and Governance, Oxford University Press.

History

Publication status

  • Published

Presentation Type

  • paper

Event name

The United Nations University – Maastricht Economic and Social Research Institute on Innovation and Technology (UNU-MERIT) - Seminar

Event location

Maastricht, The Netherlands

Event type

other

Event date

12 Nov 2015

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Full text available

  • No

Peer reviewed?

  • No

Legacy Posted Date

2016-10-24

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