Today I attended the Brussels Economic Forum, a flagship event of the European Commission. This year it focused on the Green transition acceleration in the time of crisis, climate change, and digital economy for future generations.

Award-winning young researchers, economists and speakers from across the world got together on 17 May to discuss building a fair, green and digital economy for the future.

For the last 20 years, Brussels Economic Forum provides an opportunity for high-level European and international policymakers, economists, academics, researchers, and business leaders to discuss the key challenges and talk over policy priorities for the European economy.

As European Commission is celebrating 2022 as the European Year of Youth, the Brussels Economic Forum 2022 focused on youth and capacity building for the young generation. Considering this time of crisis in Ukraine and the post-pandemic situation of the economy in the world the Forum mainly focused on discussing how to accelerate the European economy with the Green transition without leaving anyone behind.

Speakers of the forum include U.S. Secretary of the Treasury Janet L. Yellen, Executive Vice-President European Commission Valdis Dombrovskis, Commissioner for the Economy, European Commission Paolo Gentiloni and First Deputy Managing Director, International Monetary Fund (IMF) Gita Gopinath and many others.

Executive Vice-President European Commission said, “Fighting climate change is the defining challenge of our time. In response to the war in 🇺🇦, we’ll move away faster from Russian fossil fuels & accelerate the rollout of our climate agenda. Essentially we use the right support for people, businesses & regions that need it most #EUBEF22”.

The forum emphasized a human-centered economy that is ecologically and economically sustainable and aims to provide economic opportunities for everyone.

In Europe, this means building the right institutional framework. Commissioner for Economy Paolo Gentiloni stressed again the need to find the “right balance between investments and sound fiscal policies”.