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Banks (Finance)

Czechs Divided on Green Transition Amid Energy Crisis and War in Ukraine

Strategic Insights

— 2 min read

As the European energy crisis worsens, Czechs are torn between the need for urgent climate action and the immediate consequences of war in Ukraine. Amidst record heatwaves and droughts, a survey by the European Investment Bank (EIB) has found that 72% of Czechs consider the financial crisis their top concern, with 74% feeling the effects of climate change on their daily lives.

Key Takeaways:

  • 72% of Czechs cite the financial crisis as their top concern, compared to 45% across the European Union.
  • 74% of Czechs say they are feeling the effects of climate change on their daily lives.
  • 71% think that drastically reducing energy and goods consumption in the coming years is necessary to avoid a global catastrophe.
  • Only 35% of Czechs believe that Czechia will succeed in substantially reducing its carbon emissions by 2030.
  • 50% of Czechs believe that the war in Ukraine should accelerate the green transition, while 50% say it should slow down.
  • 46% of Czechs expect their government to prioritize the development of renewable energies.
  • Energy saving is more of a priority among younger generations (27%) than the average population (18%).
  • 54% of Czechs support heavily taxing highly polluting goods and services, such as SUVs and air transport.
  • 53% support indexing energy prices to the level of consumption per household.
  • 19% of Czechs would accept capping home temperatures at 19°C, while 22% say they cannot afford to heat their homes properly.

Statistics:

  • 72% of Czechs consider the financial crisis their top concern.
  • 74% of Czechs feel the effects of climate change on their daily lives.
  • 71% think drastic reduction of energy and goods consumption is needed to avoid a global catastrophe.
  • 35% of Czechs believe Czechia will succeed in substantially reducing its carbon emissions by 2030.
  • 50% of Czechs believe the war in Ukraine should accelerate the green transition.
  • 46% of Czechs expect their government to prioritize renewable energies.
  • 27% of younger generations prioritize energy saving.
  • 18% of the average population prioritize energy saving.
  • 54% of Czechs support highly polluting goods and services taxation.
  • 53% support indexing energy prices to household consumption.
  • 19% of Czechs would accept capping home temperatures at 19°C.
  • 22% of Czechs cannot afford to heat their homes properly.

Sources:

  • European Investment Bank (EIB)
  • European Investment Bank Climate Survey 2022
  • EIB Vice-President Lilyana Pavlova statement
  • Market research firm BVA
  • Report link: https://www.eib.org/en/surveys/climate-survey/5th-climate-survey/eu-usa-china
  • Original text: https://www.eib.org/en/press/all/2022-424-accelerate-or-slow-down-the-green-transition-czechs-are-split-on-the-way-forward-following-the-effect-of-the-war-in-ukraine-on-energy-prices

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