Opinion: Defence investment is necessary. But let's not call it sustainable.
16 mars 2026
06:02
Boosting defence spending in Europe is a legitimate priority. But dressing it up as sustainable investment corrupts the very framework of impact investing, argues Laurence Méhaignerie, co-founding partner and president at Citizen Capital.
The world feels more dangerous than it did a year ago – and not just on Europe's eastern border. Strikes on Iran, a Middle East on a knife's edge, Europe striving to assert its strategic sovereignty.
Given this, Europe's push to boost defence spending is legitimate, necessary, and may even be responsible. But sustainable? No. And conflating the two is a mistake we cannot afford to make.