Foreword 3

Executive summary 4

Introduction 6

Clean and Competitive Energy and Industry 8

  1 Overview 9

  2 Context: How crisis serves as a catalyst 10

  3 Challenges 11

  4 Solutions 18

  5 Summary 32

Shaping the Intelligent Age: How Europe Can Thrive 33

  1 Overview 34

  2 Context 35

  3 Building the conditions for competitiveness 38

  4 Leading by example: the power to drive change 51

  5 Summary 55

Leveraging Financial Markets 56

  1 Overview 57

  2 Context: Finance as a key enabler for European growth and competitiveness 59

  3 Financing Europe’s investment challenge 63

  4 The savings and investments union 71

  5 Enhancing funding supply through capital mobilization 75

  6 Summary 89

Enabling Strategic Alliances 90

  1 Overview 91

  2 Context 92

  3 Europe’s trade strategy 94

  4 Europe’s outbound investment and development strategy 99

  5 Sectoral analysis: critical raw materials 103

  6 Summary 107

Conclusion 108

Contributors 109

Endnotes 112