{"id":64356,"date":"2023-10-13T10:16:44","date_gmt":"2023-10-13T08:16:44","guid":{"rendered":"https:\/\/staging.i4ce.org\/?p=64356"},"modified":"2023-10-13T10:16:44","modified_gmt":"2023-10-13T08:16:44","slug":"climate-investment-the-french-receipe","status":"publish","type":"post","link":"https:\/\/staging.i4ce.org\/en\/climate-investment-the-french-receipe\/","title":{"rendered":"Climate investment: the French receipe"},"content":{"rendered":"<p><strong>Climate action is a rich stew with many ingredients. From transport to agriculture, construction to forestry, every part supports the whole. The stew would be incomplete without one crucial but rare addition: public investment. <em>Chefs d\u2019\u00e9tat <\/em>in Paris and Brussels are currently scratching their heads on how best to add this ingredient to the pot. Two hurdles face them: how to invest enough, and how to guarantee that investment over the long term.\u00a0 In this newsletter, we have translated some of <strong>I<span style=\"color: #ff0000;\">4<\/span>CE<\/strong>&#8216;s analysis to better understand what&#8217;s going on in the French kitchen, complemented with a dash of a European cleantech investment plan.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The French recipe is tackling the question of scale with its latest draft budget, which sees an unprecedented commitment of an additional \u20ac7bn for climate investment in 2024. Yet beyond 2024, with the need for investment only increasing, the picture becomes more unclear. Will the benefits be felt at every level of society, and will the government be able to finance this investment in the long term? A sprinkle of long-term perspective is the missing seasoning \u2013 which the government\u2019s proposed multiannual investment plan may be able to successfully provide.<\/p>\n<p>&nbsp;<\/p>\n<p>At the EU level, the stew takes a little longer to bring to the boil. Long-term planning is assured \u2013 in the seven-year EU Budget or in multi-annual programs, of which the newly-announced Strategic Technologies for Europe Platform (STEP) is one. STEP, however, is simply not large enough, with \u20ac10bn of fresh investment spread over 4 years and 27 Member States. The European offer could do with some beefing up. President Macron has called for years for a truly European response. Supporting EU initiatives such as STEP offers an opportunity to translate French ambition into European action. With a little creativity in the kitchen, there\u2019s a chance everyone can go home satisfied. \u00a0\u00a0<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/mailchi.mp\/i4ce\/i4ce-newsletter-semaine-04-666784\" class=\"external_link \" target=\"_blank\">Read the newsletter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Climate action is a rich stew with many ingredients. From transport to agriculture, construction to forestry, every part supports the whole. The stew would be incomplete without one crucial but rare addition: public investment. Chefs d\u2019\u00e9tat in Paris and Brussels are currently scratching their heads on how best to add this ingredient to the pot. Two hurdles face them: how to invest enough, and how to guarantee that investment over the long term.\u00a0 In this newsletter, we have translated some of I4CE&#8217;s analysis to better understand what&#8217;s going on in the French kitchen, complemented with a dash of a European cleantech investment plan.<\/p>\n","protected":false},"author":9,"featured_media":63733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-64356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreword-of-the-week"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Climate investment: the French receipe - I4CE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.i4ce.org\/en\/climate-investment-the-french-receipe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climate investment: the French receipe - I4CE\" \/>\n<meta property=\"og:description\" content=\"Climate action is a rich stew with many ingredients. From transport to agriculture, construction to forestry, every part supports the whole. The stew would be incomplete without one crucial but rare addition: public investment. Chefs d\u2019\u00e9tat in Paris and Brussels are currently scratching their heads on how best to add this ingredient to the pot. Two hurdles face them: how to invest enough, and how to guarantee that investment over the long term.\u00a0 In this newsletter, we have translated some of I4CE&#039;s analysis to better understand what&#039;s going on in the French kitchen, complemented with a dash of a European cleantech investment plan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.i4ce.org\/en\/climate-investment-the-french-receipe\/\" \/>\n<meta property=\"og:site_name\" content=\"I4CE\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-13T08:16:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.i4ce.org\/wp-content\/uploads\/2023\/09\/Ciaran_a-la-une-v2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1507\" \/>\n\t<meta property=\"og:image:height\" content=\"899\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sacha Poree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:site\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sacha Poree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.i4ce.org\/en\/climate-investment-the-french-receipe\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/climate-investment-the-french-receipe\/\"},\"author\":{\"name\":\"Sacha Poree\",\"@id\":\"https:\/\/www.i4ce.org\/#\/schema\/person\/019647dfff6cbbde1a8f49ae7edf6346\"},\"headline\":\"Climate investment: the French receipe\",\"datePublished\":\"2023-10-13T08:16:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/climate-investment-the-french-receipe\/\"},\"wordCount\":331,\"publisher\":{\"@id\":\"https:\/\/www.i4ce.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/climate-investment-the-french-receipe\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.i4ce.org\/wp-content\/uploads\/2023\/09\/Ciaran_a-la-une-v2.png\",\"articleSection\":[\"Foreword of the week\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.i4ce.org\/en\/climate-investment-the-french-receipe\/\",\"url\":\"https:\/\/www.i4ce.org\/en\/climate-investment-the-french-receipe\/\",\"name\":\"Climate investment: the French receipe - 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