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Lena Ek Member of the European Parliament The European economy is severely set back by the crisis The EU risks permanently lowered growth path Lena Ek Member of the European Parliament A “Triple Crisis” • Adaptation and mitigation to climate change further challenges our economy • As do high levels of unemployment across Europe Lena Ek Member of the European Parliament Research and Innovation • In 2025 the world population will have increased by 20% to 8 billion people. • Emerging countries accounted for 20% of the world’s wealth, by 2025 they will account for 34%. • China and India will by 2025 account for 20% of the world’s R&D. • The current “Brain Drain”-trend will be reversed and replaced by “Brain Circulation”. • Creates new possibilities for innovation in green technology. Lena Ek Member of the European Parliament Resource conservation • Europe highly dependant on import of key raw materials Lena Ek Member of the European Parliament Solutions Lena Ek Member of the European Parliament Towards an Eco-Efficient Economy • • • • Focus on European competitiveness. Build leadership in frontier innovation. Policy strategy focused on growth. Reduce red tape for research within the EU. • Create a sustainable, dynamic and efficient Europe. Lena Ek Member of the European Parliament Europe 2020 – A strategy for smart sustainable and inclusive growth • • • • • Innovation Union Youth on the move A Digital Agenda for Europe Resource efficient Europe An industrial policy for the globalisation era • An agenda for new skills and jobs • A European platform against poverty Lena Ek Member of the European Parliament The EU Climate Package • The EU will reduce greenhouse gas emissions by at least 20 % until 2020 (compared to 1990 levels). The reductions will be increased to 30% in the event of a global binding climate agreement. • 20 percent of the EU’s energy consumption should come from renewables by 2020. • 10 percent bio fuels in vehicles by 2020. • 20 percent increase in energy efficiency. Lena Ek Member of the European Parliament 200 2004 180 1990 2025 2050 Energy per capita, GJ 160 1971 140 120 100 80 60 40 20 0 $0 $20,000 $40,000 GDP per capita, US$ 2000 (ppp) Lena Ek Scenario Member of the European Parliament för framtida energipris $60,000 $80,000 Ways to reduce emissions – it can be done! Technologies that can reduce global CO2 emissions from energy consumption 45000 avoided emissions 40000 35000 Mt CO2 30000 25000 Energy savings 20000 Fossil fuel switch 15000 Renewable energies 10000 Nuclear energy Carbon sequestration 5000 0 1990 Emission of reduction case 2000 Lena Ek Member of the European Parliament 2010 2020 2030 2040 2050 REACH – a model • REACH enters into a new phase on December 1 with the deadline for applications to register chemical substances. • ECHA expect a total 38 000 applications (compared to an initial estimate of about 25 000). • According to the Commission there are indications that companies have discovered previously unknown hazards thanks to the process of registration through REACH. • Discovery of risks with old substances will create opportunities for greener alternatives. • REACH has set a new standard globally Lena Ek Member of the European Parliament Market driven smart, sustainable and inclusive growth • The shift to renewables such as bio energy means an enormous potential for growth and jobs. • The change is market driven and based on consumer reactions. • Technology shifts have winners and losers. Lena Ek Member of the European Parliament Conclusion: ”Never waste a good crisis” • High unemployment met with innovation and the skills needed to tackle global challenges. • Increased domestic fuel production and energy efficiency - diminished European dependence on undependable governments. • Excellent growth potential for the European country side. • More jobs and higher growth in a Europe with a better climate. Lena Ek Member of the European Parliament Thank you! Questions? Lena Ek Member of the European Parliament