European COVID 19-related recovery packages are financed by national debt, which means they are loans from future generations. This creates a moral responsibility for the current generation, to “Building back Better” by investing in the transformations of the socio- economic, financial, industrial, and political systems, which will trigger the exponential change needed to face the climate and biodiversity crises, the economic crisis, and the health crisis in a sustainable, resilient, and socially inclusive future. Beyond a fiscal stimulus that is expected to boost aggregate demand, this crisis calls for transformative public investments that will shape a sustainable, green, and digital, and fair transition, and leverage private sector investment. The 2030 Agenda and the Paris Agreement provide the long-term vision and blueprints for developing these transformation pathways.
In her presentation she will connect the dots between four major policy initiatives – the SDGs, the European Green Deal, the European Semester, and the EU recovery plan and showcase actionable strategies for policymakers that can guide EU-wide and national economic recovery in line with the continent’s overarching sustainability agenda. She will also argue that the recovery should be science-and-innovation-driven and introduce aspects of her work that aim to support this, through a presentation of the research and innovation projects, innovation acceleration initiatives, education and training programs, and networks of research-policy interface, that she lead.