session-brief-3-think2030-459507bd160a5ae6.pdf

This session brief summarizes a Think2030 Dialogue Sweden event held on 20 April 2023, which focused on the green industrial transition within the European Union. The discussion centered on the need to decouple economic growth from resource use, the limitations of current production-based models, and the policy interventions required to mobilize finance and innovation for heavy industry decarbonization.

• The EU industrial sector, particularly energy-intensive industries like steel and cement, is a critical area for decarbonization. While EU electricity production emissions fell by 37% between 1990 and 2021, industrial emissions increased by 20% over the same period. The sector contributed approximately 25% of the EU's GDP in 2021 and accounted for more than 20% of all greenhouse gas emissions in the EU in 2021.
• There is a perceived mismatch between the European Green Deal's goals and the current economic model, which remains production-based and undervalues natural capital. Participants argued for a shift toward a needs-based model that prioritizes human needs and resource efficiency over simple production increases. The proposed Critical Raw Materials Act was cited as an example of a policy that may perpetuate a production-based approach by targeting increased raw material extraction without addressing overall consumption levels.
• To achieve climate neutrality by 2050, the session identified three critical missing elements: the mobilization of finance through a less risk-averse regulatory environment to support new business models; the creation of incentives for 'frontrunner customers' to pay a 'green premium' to drive demand; and the use of targeted 'whole-of-government' interventions to bridge the gap between early-stage projects and market penetration through demonstration projects.

APA

Stockholm Environment Institute (n.d.). session-brief-3-think2030-459507bd160a5ae6.pdf. https://www.sei.org/wp-content/uploads/2023/06/session-brief-3-think2030.pdf

Chicago

Stockholm Environment Institute. session-brief-3-think2030-459507bd160a5ae6.pdf. n.d. https://www.sei.org/wp-content/uploads/2023/06/session-brief-3-think2030.pdf.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=session-brief-3-think2030-459507bd160a5ae6.pdf |url=https://www.sei.org/wp-content/uploads/2023/06/session-brief-3-think2030.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitutendsessionbrief3think2030459507bd160a5ae6pdf, author = {{Stockholm Environment Institute}}, title = {{session-brief-3-think2030-459507bd160a5ae6.pdf}}, institution = {Stockholm Environment Institute}, url = {https://www.sei.org/wp-content/uploads/2023/06/session-brief-3-think2030.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }