Investments in green and social sectors can create 2.8 million jobs in the EU
The main conclusions of the analysis
• Both private and public investment levels are low across the European countries. Now is the time for the governments to step in and help the economies back on a growth-track with a starting point in public investments.
• To increase investments and secure future growth, this paper recommends a Green-Social Investment Plan.
• The effects of the investment plan are calculated based on FEPS-ECLM International Input-Output Model. In the model 1 pct. of GDP in each country is invested in sectors that promote green energy, construction, education and childcare.
• The Green-Social Investment Plan will have large positive effects on job creation and GDP directly in the sectors the investments are made in and indirectly in the entire economy.