A fiscally sustainable public investment initiative in Europe  to prevent climate collapse

The Foundation for European Progressive Studies (FEPS), the Renner Institut and the Austrian Chamber of Labour (AK) started their collaboration on a research project entitled ‘A fiscally sustainable public investment initiative in Europe to prevent climate collapse‘ in 2019.

The research aims to pursue three objectives:

• Are the planned measures laid out in the European Commission’s Green Deal roadmap enough to meet the Paris targets?
• Are publicly-funded climate infrastructure investment initiatives fiscally sustainable?
• What is the revenue potential of a European wealth tax to fund climate action?