Scholarly record
EU PRIVATE BUSINESS SECTOR FACING CLIMATE CHANGE
Abstract
The European Union (EU) has positioned itself as a global leader in climate change mitigation, implementing a wide range of policies and initiatives aimed at reducing greenhouse gas emissions, promoting renewable energy, and fostering sustainable development. These efforts are aligned with international commitments, such as the Paris Agreement, and are integrated into the EU's broader climate and energy framework. The private business sector in the European Union (EU) plays a crucial role in climate change mitigation, driving innovation, implementing sustainable practices, and aligning with the EU's ambitious climate goals. Businesses across various industries are increasingly recognizing the importance of reducing their carbon footprint and contributing to a sustainable future. The contribution of the private business sector is divided into various areas such as adoption of sustainable practices, renewable energy, innovation and green technologies, sustainable supply chain, corporate climate commitments, financial contribution and advocacy etc. In the paper we analyzed the private investments towards climate change mitigation in EU using relevant statistical indicators.
Publication Impact Profile
- Captures
- Mendeley - Readers: 2
Publication details
References15
Beaufils, T., Ward, H., Jakob, M., & Wenz, L., Assessing different European Carbon Border Adjustment Mechanism implementations and their impact on trade partners. Communications Earth & Environment, 4(1), 2023, DOI: 10.1038/s43247-023-00788-4
Berry-Weiss, S., Lessons From European Energy Transition: Reality or Green Dream? Claremont-UC Undergraduate Research Conference on the European Union, 2022, 11. DOI: 10.5642/urceu.lgqo5909
Brodny, J., & Tutak, M. (2020). Analyzing Similarities between the European Union Countries in Terms of the Structure and Volume of Energy Production from Renewable Energy Sources. Energies, 13(4), 913, 2020, DOI: 10.3390/en13040913
Eleftheriadis, I., & Anagnostopoulou, E., Identifying barriers in the diffusion of renewable energy sources. Energy Policy, 80, 153, 2015, DOI: 10.1016/j.enpol.2015.01.039
Fabra, N., & Labandeira, X., The economics of the energy transition. SERIEs, 12(2), 101, 2021, DOI: 10.1007/s13209-021-00238-4
Gheuens, J., The European Green Deal. In Routledge eBooks (p. 15). Informa, 2023, DOI: 10.4324/9781003246985-3
Hao, N., & Dragomir, V. D., Renewable Energy, Sustainable Business Models, and Decarbonization in the European Union: Comparative Analysis of Corporate Sustainability Reports. Sustainability, 17(8), 3646, 2025, DOI: 10.3390/su17083646
Lameirinhas, R. A. M., Torres, J. P. N., & Cunha, J. P. de M., A Photovoltaic Technology Review: History, Fundamentals and Applications. Energies, 15(5), 1823, 2022, DOI: 10.3390/en15051823
Moraliyage, H., Dahanayake, S., Silva, D. D., Mills, N., Rathnayaka, P., Nguyen, S., Alahakoon, D., & Jennings, A., A Robust Artificial Intelligence Approach with Explainability for Measurement and Verification of Energy Efficient Infrastructure for Net Zero Carbon Emissions. Sensors, 22(23), 9503, 2022, https://doi.org/ DOI: 10.3390/s22239503
Podkolzina, I. M., Tenishchev, A., Gornostaeva, Z. V., Tekeeva, H. E., & ?????????, ?. ?., Assessment of Threats to Environmental Security and Climate Change. BIO Web of Conferences, 63, 4002, 2023, https://doi.org/10.1051/ bioconf/20236304002 DOI: 10.1051/bioconf/20236304002
Vanham, D., Medarac, H., Schyns, J. F., Hogeboom, R. J., & Magagna, D., The consumptive water footprint of the European Union energy sector. Environmental Research Letters, 14(10), 104016, 2019, DOI: 10.1088/1748-9326/ab374a
?????at??d??, G., Floros, C., & Ragazou, K., Exploring the Influence of Government Controversies on the Energy Security and Sustainability of the Energy Sector Using Entropy Weight and TOPSIS Methods. Economies, 13(5), 124, 2025, DOI: 10.3390/economies13050124
*** European Commission (2019a). The European Green Deal. COM(2019) 640 final.
*** EIB (2020). Climate Bank Roadmap 2021�2025.
*** European Commission (2021c). EU Green Bond Standard Proposal.
View or Download full articleAccess options
SWS access login
Login as SWS Scientific CommitteeLogin as SWS Scientific PartnerLogin as SWS AuthorAuthors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.
For librarian assistance: [email protected]
Purchase Instant Access
- Article can be downloaded after successful payment.
- Article may be used according to SWS library access terms.
- Article cannot be redistributed.