After leading by example to clinch the Paris climate agreement in 2015, the European Union must step up again as it revisits its initial target for reducing greenhouse-gas emissions. The latest scientific findings show that the world is confronting a climate emergency that demands leadership that only Europe can now provide.
For decades, most of the major economies have relied on a form of capitalism that delivered considerable benefits. But systems do not work in isolation. Eventually, reality asserts itself: global trade tensions reemerge, populist nationalists win power, and natural disasters grow in frequency and intensity.