Maximising the benefits: Economic, employment and emissions impacts of green recovery stimulus in Europe

The report uses E3ME modelling to demonstrate that a Green Recovery Plan—incorporating investments in energy efficiency, grid upgrades, renewables, and electric vehicles—outperforms traditional stimulus packages by boosting GDP and employment while significantly reducing CO2 emissions.

• A Green Recovery Plan in the EU is projected to save 2 million jobs over the next few years and reduce CO2 emissions by more than 15 per cent.
• Compared to a 'return to normal' approach focused on VAT reductions, the Green Recovery Plan is consistently more favourable in boosting GDP and employment, with significantly better outcomes projected for 2030.
• The Green Recovery Plan achieves its goals through a combination of smaller VAT reductions and targeted public investments in energy efficiency, electricity grid upgrades, wind and solar subsidies, tree planting, and an electric-vehicle-only car scrappage scheme.

APA

Tatai, J. (2020). Maximising the benefits: Economic, employment and emissions impacts of green recovery stimulus in Europe. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/maximising-the-benefits-economic-employment-and-emissions-impacts-of-green-recovery-stimulus-in-europe/

Chicago

Tatai, Julia. Maximising the benefits: Economic, employment and emissions impacts of green recovery stimulus in Europe. We Mean Business Coalition, 2020. https://www.wemeanbusinesscoalition.org/blog/maximising-the-benefits-economic-employment-and-emissions-impacts-of-green-recovery-stimulus-in-europe/.

Wikipedia

{{cite report |last1=Tatai |first1=Julia |title=Maximising the benefits: Economic, employment and emissions impacts of green recovery stimulus in Europe |publisher=We Mean Business Coalition |date=19 October 2020 |url=https://www.wemeanbusinesscoalition.org/blog/maximising-the-benefits-economic-employment-and-emissions-impacts-of-green-recovery-stimulus-in-europe/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{tatai2020maximising, author = {Tatai, Julia}, title = {{Maximising the benefits: Economic, employment and emissions impacts of green recovery stimulus in Europe}}, institution = {We Mean Business Coalition}, year = {2020}, month = oct, url = {https://www.wemeanbusinesscoalition.org/blog/maximising-the-benefits-economic-employment-and-emissions-impacts-of-green-recovery-stimulus-in-europe/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }