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Unlocking the power of ideas

· Christine Lagarde, President of the European Central Bank (Euro area (EU))

Summary written by Dark Majestic in its own words · topics: climate, energy and nature, growth, investment and productivity

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· Christine Lagarde Wiki · European Central Bank WikiUnlocking the power of ideas

ContextSpeech by Christine Lagarde at Yale University in New Haven, United States.

Why it mattersLagarde links Europe's innovation gap to scale-up financing and energy dependence.

Problems raised
  1. Europe struggles to finance scale-ups.
  2. It depends on others for energy and raw materials.
  3. Ideas spread slowly.
Solutions proposed
  1. Develop the capital markets union.
  2. Invest in renewables and a critical raw materials club.
  3. Improve diffusion of innovation.
Read full speech on ecb.europa.eu ↗

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