The crisis in Ukraine: another missed opportunity for building a more sustainable economic paradigm

Abstract

Economic disruptions caused by the war in Ukraine provide insights into how climate change may threaten global supply chains in a not-so-distant future. The EU is addressing strategic vulnerabilities, particularly in the sphere of fossil fuel supply, while seeking to maintain its climate ambition. However, the EU has failed to make more far-reaching changes to its economic model and relations with international partners. These are urgently needed to address the root causes of the current crisis.