Win-Win for Everyone: How a faster rollout of Renewable Energy across the Globe is just Good Business

The race to net-zero is no longer just a question of climate action. It is a promise for long-term economic prosperity and competitiveness. As such, many businesses have set themselves clean energy targets as part of their strategy to get to net-zero and transform their business models. This side event sheds light on the crucial role that a tripling in rolling out renewable energy globally plays for European businesses to keep their net-zero targets in reach.

The aggregated energy demand that arises from the accumulated targets set by European businesses suggest that energy imports will continue to play a vital role, substituting fossil fuel imports with cleaner alternatives. A faster rollout of renewable energy globally is essential. This offers new ways for level-eyed economic partnerships between the European Union and regions with abundant solar and wind energy potential. The energy transition is a win-win opportunity for good jobs, value creation and prosperity across the globe.