Green projects to revive Europe: report

EY has prepared the report "A Green Covid-19 Recovery and Resilience Plan for Europe", i.e. a list of 1,000 ready-to-implement ecological projects with a total value of €200 billion. These green projects are expected to create over 2 million new jobs in Europe. The list also includes several projects from Poland that may contribute to the creation of 40,000 new jobs.

The EY report shows that the countries of Central and Eastern Europe are very good at identifying ecological potential. Croatia and Slovakia have some of the highest rates of green projects per capita. They were ahead of France and Germany in this respect. Sweden, Cyprus, Estonia and the Czech Republic were in the lead. Among the fifty key initiatives, projects from Poland were awarded. Thanks to their implementation, 40,000 new jobs are to be created and CO2 emissions are to be reduced by 26,000 ktCO2e. Examples of key projects from Poland cited in the report are: the production of lithium-ion cells for electric cars, projects in the field of onshore wind energy and the Krakow Clean Air 2020 program consisting in the replacement of old stoves and boilers with solid fuels and the modernization of single-family houses in order to effectively manage energy . Another example presented is the project to build a fast tram line on the Czyżyny - Mistrzejowice route in Krakow.

“The 'A Green Covid-19 Recovery and Resilience Plan for Europe' report shows just a fraction of the green projects that are underway. EY estimates the value of the entire European ecological package at a trillion euro. We are very pleased that the list of 50 key green initiatives includes projects from Poland and those projects that contribute to the energy transformation from below. Our country is still facing this process, and the pandemic has made the change of energy generation methods even more urgent,” Jarosław Wajer, EY Polska Partner, assessed.

(WBJ)