An analysis commissioned by Amazon finds that private capital is an essential partner in scaling emerging technologies, deploying low-carbon solutions, and building the industry alliances needed to meet the continent's climate ambitions, and boosting the competitiveness of European companies.
Europe’s green transition is increasingly becoming a question of industrial competitiveness rather than climate policy alone. As Brussels seeks ways to close its clean investment gap and strengthen its economic position against global competitors, an analysis commissioned by Amazon suggests that large-scale private investment could be an important piece of the puzzle.
The report produced by Frontier Economics, estimates that Amazon invested between €14 billion and €17.5 billion in low-carbon technologies across the EU and the UK between 2021 and 2025.
These investments are estimated to have supported between 112,000 and 144,000 jobs and generated between €8.8 billion and €11.3 billion in gross value added (GVA) across European economies and supply chains.
The analysis also argues that reaching Europe’s climate ambitions will require significantly greater mobilisation of private capital, particularly in sectors where public funding alone is unlikely to deliver the scale and speed of investment needed to decarbonise the economy.
