Eurazeo ex-CEO: Decarbonisation is a ‘battle’ for European competitiveness — with €7 trillion at stake
7 apr. 2026
12:42
Europe faces a €7 trillion economic hit from inaction on climate, former Eurazeo chief Virginie Morgon has warned, as war in the Middle East once again highlights the continent's glaring dependence on fossil fuels.
Virginie Morgon, co-founder of Ardabelle Capital and former chief executive of Eurazeo, has warned that without rapid decarbonisation Europe risks sacrificing €7 trillion in potential GDP growth by 2050 – almost twice Germany's current economic output.
"This [the green transition] is not an ideological debate, but a battle for resilience and competitiveness," Morgon, one of the most influential figures in European private equity, said in a press statement today.