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AI and the digital euro: How both could jeopardize EU climate targets

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Published: July 24th, 2024,
Last updated: August 31st, 2024

Symbolbild Digitaler Euro, digitale Währung in der Europäischen Union. Euro Münze auf Computer Platine mit Tech Strukturen FOTOMONTAGE
The ECB is preparing a digital euro. Whether it will be climate-friendly or not depends on the exact design.

The digital transformation of the European Union is often at the expense of the environment in Europe. This is shown by a recent study by the Center for European Policy (cep). The study, entitled „The environment takes a back seat in the EU’s digital offensive“, examines the energy requirements of generative artificial intelligence (AI) and a possible digital euro and sheds light on how these technologies could jeopardize the EU’s climate targets.

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