TY  - CHAP
A1  - Quitzow, Rainer
A1  - Bersalli, Germán
A1  - Lilliestam, Johan
A1  - Prontera, Andrea
A2  - Rayner, Tim
A2  - Szulecki, Kacper
A2  - Jordan, Andrew J.
A2  - Oberthür, Sebastian
T1  - Green recovery
T2  - Handbook on European Union Climate Change Policy and Politics
N2  - This chapter reviews how the European Union has fared in enabling a green recovery in the aftermath of the Covid-19 crisis, drawing comparisons to developments after the financial crisis. The chapter focuses on the European Commission and its evolving role in promoting decarbonisation efforts in its Member States, paying particular attention to its role in financing investments in low-carbon assets. It considers both the direct effects of green stimulus policies on decarbonisation in the EU and how these actions have shaped the capacities of the Commission as an actor in the field of climate and energy policy. The analysis reveals a significant expansion of the Commission’s role compared to the period following the financial crisis. EU-level measures have provided incentives for Member States to direct large volumes of financing towards investments in climate-friendly assets. Nevertheless, the ultimate impact will largely be shaped by implementation at the national level.
KW  - European Union
KW  - green recovery
KW  - climate finance
KW  - European Green Deal
KW  - just transition
Y1  - 2023
UR  - https://publishup.uni-potsdam.de/frontdoor/index/index/docId/62467
SN  - 978-1-78990-698-1
SN  - 978-1-78990-697-4
SP  - 351
EP  - 366
PB  - Edward Elgar Publishing
ER  -