Studies show that strong climate policies boost the economy by
stimulating investment in clean technologies, new infrastructure and
creating green jobs. One report found that a 30 percent emission
reduction target for Europe could increase GDP by more than EUR600
billion by 2020
A study from March 2011,commissioned by the German Ministry for the
Environment, Nature Conservation and Nuclear Safety and conducted by a
consortium of researchers from six leading universities and institutes
from across Europe found that a target of 30 % domestic emission
reductions by 2020 (compared to 1990 levels), if accompanied with
adequate and consistent policies, could: Boost European investments from
18 % to up to 22 % of Gross Domestic Product (GDP), create up to 6
million additional jobs, by 2020 increase European GDP by 620 billion
Euros ($847.4 billion), or by 6 percent above business as usual trends,
improve energy security, save fuel costs, help European industry to
maintain and enhance its competitiveness. For more information go to
http://www.newgrowthpath.eu
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