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    Smart Europe (Volume 4)

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    Author(s)
    Rifkin, Jeremy
    Contributor(s)
    European Investment Bank (editor)
    Collection
    Knowledge Unlatched (KU)
    Language
    English
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    Abstract
    A green digital economy could change the future of the Old Continent. The new Smart Europe will be based on three elements: new communication technologies, new sources of energy and new modes of mobility. But the transition will require a transformation of the continental infrastructure. Digitalisation, the Internet and renewables will play a major role in the so-called Third and Fourth Industrial Revolutions: sensors embedded in devices will allow an immediate connection between humans and machines, providing updated data and information. Big Data and analytics, used to develop algorithms, will be able to increase productivity, address climate change and diminish the cost of goods and services. Sun, wind and renewable energies will make advanced economies less dependent on fossil fuel and nuclear power, boosting the development of sustainable economic models. Over the last few years, Jeremy Rifkin, advisor to the European Union and main architect of the Third Industrial Revolution long-term economic stability plan, has been promoting the importance of this approach, enabling collaboration in “vast virtual and physical global networks to create a more ecologically sustainable and equitable quality of life”. This is the fourth essay in the Big Ideas series created by the European Investment Bank. The EIB has invited international thought leaders to write about the most important issues of the day. These essays are a reminder that we need new thinking to protect the environment, promote equality and improve people’s lives around the globe.
    URI
    https://library.oapen.org/handle/20.500.12657/47432
    Keywords
    Business & Economics; Finance
    DOI
    https://doi.org/10.2867/73601
    ISBN
    9789286142772, 9789286142864
    Publisher
    European Investment Bank
    Publisher website
    https://www.eib.org/en/publications/index.htm
    Publication date and place
    2019
    Grantor
    • Knowledge Unlatched
    Imprint
    European Investment Bank
    Classification
    Finance and the finance industry
    Rights
    https://creativecommons.org/licenses/by-nc-nd/4.0/
    • Harvested from KU

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    License

    • If not noted otherwise all contents are available under Attribution 4.0 International (CC BY 4.0)

    Credits

    • logo EU
    • This project received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 683680, 810640, 871069 and 964352.

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