Christine Lagarde

It's crucial for the EU's strategic autonomy to be self-sufficient in energy and basic goods. This protects our economy and society from external shocks and contributes to a more robust and sustainable future.

In my view, adequately pricing carbon through taxes or emissions trading systems is critical for achieving carbon emission reduction targets. It incentivizes businesses and individuals to invest in clean technologies and fosters green innovation. Handling climate change is also about correcting a market failure and ensuring polluters are fairly charged for the costs they impose on society.

Based on my experience, allocating more resources to prepare for rare but catastrophic disasters is essential. It is crucial to invest in resilience and disaster prevention measures to protect communities and ensure economic stability in the face of unforeseen events.