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Economic growth and environmental objectives: An evaluation based on 2021–2027 cohesion policy regional data

Author

Listed:
  • Christou, Tryfonas
  • García-Rodríguez, Abián
  • Heidelk, Tillmann
  • Lazarou, Nicholas-Joseph
  • Monfort, Philippe
  • Salotti, Simone

Abstract

The 2021–2027 cohesion policy programme is required to deliver on the European Union’s green transition priority facilitating reaching net zero emissions by 2050. Our analysis shows that green investments under this policy are expected to have a positive impact on GDP and employment, particularly in less developed regions. These investments can help reduce the costs of the transition, and also have the potential to reduce greenhouse gas emissions. However, cohesion policy alone cannot drive the transition and additional instruments and actions should be put in place to support all European territories.

Suggested Citation

  • Christou, Tryfonas & García-Rodríguez, Abián & Heidelk, Tillmann & Lazarou, Nicholas-Joseph & Monfort, Philippe & Salotti, Simone, 2026. "Economic growth and environmental objectives: An evaluation based on 2021–2027 cohesion policy regional data," Journal of Policy Modeling, Elsevier, vol. 48(1), pages 1-22.
    • Handle: RePEc:eee:jpolmo:v:48:y:2026:i:1:p:1-22
    DOI: 10.1016/j.jpolmod.2025.04.003
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    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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