Industry 5.0, a transformative vision for Europe

Europe faces a triple imperative to protect, prepare and transform in its quest for building forward better after the deadliest pandemic of the past century and for building forward better to address the greatest challenge humanity has ever faced – climate change and biodiversity collapse.

An enormous challenge: how to transform human life quickly enough to enable 8 billion people to live sustainably and peacefully within planetary boundaries? While Europe cannot face this challenge alone, we believe it can lead the global community towards the deep systemic transformation that this and next decades will inevitably require.

We think that Europe will only be able to achieve this leadership if it will at once strengthen its internal cohesion and capacity to speak with one single voice; and promote a deep transformation of the economy at the global level.