Part 7/10:
The financial burden of the EU's climate goals is staggering. A report by the European Central Bank highlights that achieving a digitized, decarbonized economy would require annual investments of about 5% of GDP—an ambition that appears daunting given the current monetary strain. Critics indicate that in practical terms, the EU may require up to 3.3 trillion EUR annually, a figure that dwarfs national budgets dedicated to health care, education, and other critical services.