To president von der Leyen and all EU leaders: “You’ve got the power to lead Europe and the world out of the dark days of this pandemic towards a brighter, greener future.
You can make the Green Deal our Recovery Deal by investing hundreds of billions a year to create green jobs and make our economies clean and fair. We count on you to put a climate bank and a climate budget at its heart and ensure that all money is spent in line with the Paris agreement. It is time to move away from dirty fossil fuels, tax large corporate profits, and unleash the clean energy revolution we so desperately need.
Together, we are strong enough to fight back and recover from this virus. We are generous enough to ensure no one is left behind. And we are wise enough to ensure this recovery does not lay the foundations for even worse climate crises in the future.”
We partnered with Avaaz that did collect (most of) these signatures
Some that have signed
This Call is launched by over 700 leading youth climate activists, climate scientists, unionists, economists, environmentalists, entrepreneurs and politicians from all 27 members States, with support from over 1 million citizens (and counting).
You can click on each of them to send them a message on twitter.
European Call : 3 solutions for climate and jobs
To Mrs. von der Leyen, President of the European Commission, and the Heads of States of Europe,
Our society is facing a brutal shock. The priority is to save lives, of course, as well as jobs, but this crisis should not make us forget the climate emergency. More than ever, it is time to build a new European Pact for Climate and Jobs.
The European Green Deal is the best way to make the real changes Europe needs to be able to recover from the COVID-19 crisis, to generate millions of jobs, and to create the most resilient economy possible. For this to happen, the Green Deal needs real funding.
We are students, climatologists, economists, unionists, entrepreneurs, citizens and elected representatives at local, national and European level, (former) Members of Parliaments and (former) Ministers, from very different backgrounds. We are convinced that the ecological transition is not only a matter of survival, but also a moral obligation and an opportunity for Europe to reinvent itself as it recovers from the COVID-19 crisis.
The Climate emergency requires that we insulate all buildings, boost public transport and renewable energies, transform our agricultural model, protect biodiversity, protect and clean forests and the ocean, and develop adaptation and even reparation policies. All these projects are facing the same obstacle, however: who will pay?
In order to win the climate battle, we solemnly call on you to include, as one of the main pillars of the recovery plan that you have announced, credible solutions to finance a real Green Deal and to recognise the state of climate emergency.
In order to create international momentum, the EU must agree on an increased 2030 climate target, in line with science, equity and the Paris Agreement’s 1.5°C objective, well in advance of COP26. For Member States to agree on this, how this transition will be paid for must be identified.
To this end, we are proposing three solutions we believe can reach a broad consensus:
1. In order to drastically reduce our consumption of fossil fuels, stop all fossil fuels subsidies and investments. The European Climate Law must lead to prohibit all Member States from continuing to subsidise fossil fuels. It must also guarantee that all banks (private and public) and insurance companies operating in Europe are transparent about their activities and organise the progressive end of fossil investments.
2. The European Central Bank has created €2600 billion since 2015. Only 11% of these colossal amounts of money have gone into the real economy, whilst the vast majority has been used for speculation. In 2020, besides the hundreds of billions it will create to face the COVID-19 crisis, the ECB will create another €240 billion. It is essential this money is invested in climate and jobs. These billions must feed a Climate and Biodiversity Bank, which will provide interest-free loans to each Member State (up to 2% of its GDP each year for 30 years, ie, €300 billion).
3. If every family, every small company and every territory is to invest in a deep zero carbon transformation, zero interest loans will not suffice, as the payback is limited or uncertain. For a catalytic effect, loans must be complemented with public subsidies. The average corporate tax rate in Europe has fallen by half over forty years (falling from 45% to 19%). A 5% European profit tax on large companies (adjusted according to their carbon footprint), combined with other own resources, would bring in €100 billion per year to feed a real EU Climate-Biodiversity Budget. This additional 100 billion would allow us to pass the threshold of 50% of the European budget devoted to climate and assist both the public and private transition.
These three solutions would provide sufficient money to finance a just transition that would be fair for workers, communities and citizens. They would enable the EU Green Deal to create more than 5 million jobs in Europe, as well as improving the livelihoods of millions of families and boosting investments in the carbon free economy.
The European Union was born with coal and steel.
It can be reborn with a European Pact for climate and jobs.