The New Phase of the EU's Green Transition:Causes,Impacts,and Policy Recommendations
In recent years,the European Union(EU)has been actively promoting a green transition,facing challenges from the COVID-19 pandemic,the Ukraine crisis,and the US Inflation Reduction Act.To mitigate the adverse effects of the Inflation Reduction Act,the EU has taken steps to protect its green industry interests,uphold its unique principles,and assert leadership in international climate governance.Measures have been introduced in legislation,financing,and state subsidies,marking a new stage in the green transition.This transition has led to two main impacts:adjustments in green diplomacy and reshaping of policy preferences for engagement in global climate governance.In this context,China must coordinate various factors,including China-EU relations,US dynamics,and other stakeholders,to stimulate EU demand for Chinese goods,mitigate EU-US joint efforts'interference,and enhance pragmatic cooperation with other partners.This approach aims to advance China-EU relations steadily while safeguarding China's interests.
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