The European Green Deal, announced in December 2019, has established sustainability as a key priority in European policy. The COVID-19 pandemic highlighted the importance of new technologies and the decarbonization of economies, underscoring the need to align European priorities with environmental and digital objectives.
The “double transition” towards environmental sustainability and digitization emerged as the way forward. Private companies soon realized that the green transition was not just a matter of social responsibility but a business priority. This drove the convergence of green, digital, and energy transitions.
In the regulatory arena, the policies of the European Green Deal have started to influence environmental and sustainability regulations in Latin America. Companies operating in the region, such as Telefónica, can act as ambassadors for these European regulations.
More information on the website of Telefónica.