Tripling down on green

The Centre for European Reform argues not for a doubling but a tripling down on green investments in Europe, including by fresh joint borrowing modelled on the Recovery and Resilience Facility “to focus on energy that is green and secure, that is on projects that can rapidly reduce the need for imported fossil fuels. That would make Europe as a whole less vulnerable to Russia, and will allow all countries to invest in energy and defence with the same boldness that Germany has done.”