Investment in green technology in the EU is being held back by a lack of skilled workers, a European Investment Bank poll of more than 12,500 businesses and around 680 authorities has found.
The warning comes as the EU prepares to increase support for clean technology amid mounting competition from the US for green investment.
More than four-fifths of companies and 60 per cent of local authorities polled by the EIB said that a skills shortage, particularly in the engineering and digital sectors, was preventing projects that target climate change from going ahead, according to the multilateral bank’s annual investment report, published later on Tuesday.
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