In a statement on the EU’s gas supply prospects for 2023, delivered on Monday 12 December, European Commission President Ursula von der Leyen re-emphasised the importance of establishing a European sovereign wealth fund in the medium term.
“But we also know that in the midterm, we have to step up and there we will work on setting up a sovereignty fund to make sure that Europe continues to be the global leader in clean tech,” she said, highlighting the international and geopolitical...