The report examines what Poland would need to accelerate expansion and achieve a full source of income convergence with the EU-15.
A reform package that increases investment and improves pre-tertiary and higher education, overall productivity, and labor force participation could rise by as much as 1. 1 percentage points on average at an annual rate of economic expansion through 2050.
The monetary sector plays a vital driving role in the green transition. Public and mixed finances play a key role in the transition to a greener and more resilient economy. The type of financing envisaged for the green transition is vital for the overall macroeconomic impact.
The report estimates the charge of the most ambitious decarbonization trajectory needed to succeed at net 0 in the electric power sector through 2050 at approximately $130 billion, more than double the existing baseline. This path is aligned with the European Union’s progression strategy. For these investments to materialize, a more enabling regulatory environment is needed, one that adds to renewable energy.
An effective policy mix will be needed for sustained expansion while achieving decarbonization, involving trade-offs and difficult policy decisions.
Download the full report.
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