D4.2 Report on social and distributional implications and ways of alleviating adverse social effects

Summary

The INNOPATHS project aims to provide a fully-fledged assessment of the social and distributional implications of ambitious European climate policies and ways of alleviating adverse social effects. In this context, the deliverable D4.2 aims to provide a comprehensive analysis of the effects of EU climate policies on the incomes, activity and consumption patterns of firms and households and a detailed evaluation of potential policy instruments to minimize the adverse effects on vulnerable low-income households and trade-exposed industries. This deliverable presents a series of research papers which provide insights on the social and distributional impacts of energy and climate policies towards the transformation of the European Union (EU) economy and society in line with the EU Green Deal and the long-term strategy for climate neutrality by mid-century. The analysis considers both medium- and long-term developments that need to take place to pave the way towards the EU economy restructuring.