9: The European Green Deal - Turning new obligations into new opportunities

In this episode Giovanni Gijsels, Partner at PwC and Tom Wallyn, Director at PwC, will dive into the tax related aspects of the European (EU) Green Deal. In essence, the EU Green Deal's main objective is to reshape EU environmental and climate policy. It thereby wants to tackle the significant environmental and climate challenges we face nowadays. In order to do so, the EU Green Deal focuses on three main pillars: (i) decarbonisation, (ii) sustainable supply chains and (iii) funding to support the transition to (i) and (ii). Whereas the first two pillars clearly provide for new obligations and taxes (such as CBAM, EUDR, ETS), the third pillar provides for numerous opportunities for Europe and its inhabitants in the form of funding, grants and incentives. Leveraging these in the right way, should result in a competitive and sustainable economy, thereby contributing to a more sustainable and greener Europe to live in. You can find all episodes from the PwC 'Operating with Positive Impact' podcast on www.pwc.be/esgpodcast