What drives firms' investment in climate change?

High energy prices in Europe and uncertainty caused by the Ukraine war are testing EU firms’ ability to invest in climate change measures. Europe urgently needs to embrace the transition to green energy, and firms will be called upon to play a pivotal role. By investing in climate adaptation and...

תיאור מלא

שמור ב:
מידע ביבליוגרפי
מחבר ראשי: EUROPEAN INVESTMENT BANK
פורמט: Online
שפה:אנגלית
יצא לאור: European Investment Bank 2023
נושאים:
גישה מקוונת:https://library.oapen.org/handle/20.500.12657/63715
תגים: הוספת תג
אין תגיות, היה/י הראשונ/ה לתייג את הרשומה!
_version_ 1869522066665897984
author EUROPEAN INVESTMENT BANK
author_browse EUROPEAN INVESTMENT BANK
author_facet EUROPEAN INVESTMENT BANK
author_sort EUROPEAN INVESTMENT BANK
collection Directory of Open Access Books
description High energy prices in Europe and uncertainty caused by the Ukraine war are testing EU firms’ ability to invest in climate change measures. Europe urgently needs to embrace the transition to green energy, and firms will be called upon to play a pivotal role. By investing in climate adaptation and mitigation measures, especially energy efficiency, firms will be able to protect themselves against extreme climate events, reduce energy costs and take the actions needed to reduce carbon emissions to net-zero by 2050. The report What drives firms’ investment in climate action? Evidence from 2022-2023 EIB Investment Survey uses data collected from firms to provide insight on how businesses are responding to the energy crisis and the fast-changing business environment. Some important takeaways: 82% of EU firms say energy costs are an obstacle to investment. 42% of firms in Western and Northern Europe are investing in energy efficiency, compared with only 37% of firms in Southern Europe. 57% of EU firms are concerned about the physical risks posed by climate change. A presentation of the report results - EN Country scoreboard Country scoreboard: SMEs Country scoreboard: Large Firms Country dashboards Austria Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden
format Online
id doab-20.500.12854ir-101198
institution Directory of Open Access Books
language eng
publishDate 2023
publishDateRange 2023
publishDateSort 2023
publisher European Investment Bank
publisherStr European Investment Bank
record_format ojs
spelling doab-20.500.12854ir-1011982025-07-30T09:21:43Z What drives firms' investment in climate change? EUROPEAN INVESTMENT BANK thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics High energy prices in Europe and uncertainty caused by the Ukraine war are testing EU firms’ ability to invest in climate change measures. Europe urgently needs to embrace the transition to green energy, and firms will be called upon to play a pivotal role. By investing in climate adaptation and mitigation measures, especially energy efficiency, firms will be able to protect themselves against extreme climate events, reduce energy costs and take the actions needed to reduce carbon emissions to net-zero by 2050. The report What drives firms’ investment in climate action? Evidence from 2022-2023 EIB Investment Survey uses data collected from firms to provide insight on how businesses are responding to the energy crisis and the fast-changing business environment. Some important takeaways: 82% of EU firms say energy costs are an obstacle to investment. 42% of firms in Western and Northern Europe are investing in energy efficiency, compared with only 37% of firms in Southern Europe. 57% of EU firms are concerned about the physical risks posed by climate change. A presentation of the report results - EN Country scoreboard Country scoreboard: SMEs Country scoreboard: Large Firms Country dashboards Austria Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Latvia Lithuania Luxembourg Malta Netherlands Poland Portugal Romania Slovakia Slovenia Spain Sweden 2023-07-10T07:24:40Z 2023-07-10T07:24:40Z 2023-06-30T05:31:14Z 2023 book https://library.oapen.org/handle/20.500.12657/63715 9789286155390 9789286155383 https://directory.doabooks.org/handle/20.500.12854/101198 eng open access image/jpeg image/jpeg image/jpeg Attribution 4.0 International Attribution 4.0 International Attribution 4.0 International https://library.oapen.org/bitstream/20.500.12657/63715/1/20230114_what_drives_firms_investment_in_climate_change_en.pdf https://library.oapen.org/bitstream/20.500.12657/63715/1/20230114_what_drives_firms_investment_in_climate_change_en.pdf https://library.oapen.org/bitstream/20.500.12657/63715/1/20230114_what_drives_firms_investment_in_climate_change_en.pdf European Investment Bank European Investment Bank feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched 9789286155390 9789286155383 Knowledge Unlatched (KU) KU Open Services European Investment Bank open access
spellingShingle thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
EUROPEAN INVESTMENT BANK
What drives firms' investment in climate change?
title What drives firms' investment in climate change?
title_full What drives firms' investment in climate change?
title_fullStr What drives firms' investment in climate change?
title_full_unstemmed What drives firms' investment in climate change?
title_short What drives firms' investment in climate change?
title_sort what drives firms investment in climate change
topic thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
topic_facet thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economics
url https://library.oapen.org/handle/20.500.12657/63715
work_keys_str_mv AT europeaninvestmentbank whatdrivesfirmsinvestmentinclimatechange