Europe once led the world in productivity but now trails the US by about 20%. The problem is scale: too many companies remain small. More capital, labor, and consumer markets integration can help innovative companies scale up.
imf.org/en/blogs/articles/20…
Today in #ESG 🗞️
🇬🇧🇪🇺 #CBAM under pressure: #UK exploring temporary exemption + #EU may restrict actual data reporting.
⚠️With CBAM mandatory from Jan 2026, these shifts raise risks: unfair to cleaner producers, ignores real supply chains & risks turning CBAM into just a tax.
#CBAM should cut emissions, not reward creative accounting 🧾
🌍 Companies send ‘clean’ steel to the EU and dump dirty steel elsewhere. That’s resource shuffling.
🏭 The EU imports clean-labelled goods with hidden emissions.
We need a CBAM that works!
#FixThatLeak#SaveEUSteel