Transition & Competitiveness: A strategic Priority for Sustainable Finance | CESG Note 3
What Do We Mean by Transition? Within the EU’s strategic and regulatory framework, the transition refers to the profound transformation of the economic system required to achieve climate neutrality, while safeguarding long-term industrial competitiveness. It involves decarbonising energy systems, industrial processes, transport, agriculture, and buildings, as well as reorienting finance and innovation towards sustainable outcomes. …