The project “Multidimensional EU cooperation on transforming the EU energy market and tackling climate change (EUCLIME)” addresses the current conditions and future challenges facing the EU in transforming energy market and tackling global climate change.
The EU’s drive to reduce emissions and improve the energy security of EU Member States necessitates the energy transformation of the EU energy market. This is a topic of particular relevance in an era of global climate change and natural resource degradation, as well as in the context of Russia’s aggression against Ukraine.
The project addresses the capacity – institutional, international and financial – to achieve the transformation of the EU energy market towards zero-carbon. This is an extremely difficult challenge as it requires addressing key challenges, i.e. ensuring the competitiveness of the EU economy, as well as secure and stable energy supplies to EU Member States, tackling global climate change, managing scarce natural resources and pursuing EU economic development, i.e. stimulating economic growth while caring for the environment.