Financing green investment in the European Union

The object of the study is analysing the main results of the environmental conservation strategy in EU-28 for the latest two decades. The study has a very actual reason, because global warming has become a danger for the survival of mankind for the latest half-century. The EU-28 member states open wide-side door into the direction to financing investments of different economic sectors in order to avoid increasing gas emissions, which result in global warming.

Controller Info 2019. VII.évf.(1) szám 54-58.


Introduction
The object of the study is analysing the main results of the environmental conservation strategy in EU-28 for the latest two decades. The study has a very actual reason, because the global warming has become danger for the survival of mankind for the latest half century. For this period the gas and particular material emission reached such a level, at which probably the global warming will be increasing in spite of any force of economies of the world economy avoid of its increase.
Even so, the United Nations Framework Convention on Climate Change (UNFCCC) estimates that the commitments made in Paris may only suffice to cap the global temperature increase to around 2.0ºC above pre-industrial levels. This would have even more wide-ranging implications on the environment, water and food supply, security and economic growth. Without immediate action, it is estimated that the overall cost of climate change would be equivalent to losing between 1 and 4% of global Gross Domestic Product (GDP) each year, now and for the foreseeable future. This highlights the urgency of shifting towards new, sustainable growth models that combine economic, social and environmental considerations in a holistic way, that respect planetary boundaries and reduce the negative impacts of global warming, while at the same time, making existing infrastructures more resilient (EEA, 2017; EPSC, 2015; UNEP, 2016 and UNFCCC, 2015).
 

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