Dr Tobias Lechtenfeld, a key member of the Energy Resilience Leadership Group (ERLG), and Executive Director of Tech for Net Zero, discusses how Europe must respond to the Draghi report by leveraging private capital to achieve net zero. In this article, Lechtenfeld covers how Europe’s private capital can be mobilised to drive investment by de-risking large-scale projects and creating incentives for investors, as well as the need for financial organisations and governments to enable Europe’s market strengths to deliver on the vast potential of its green and digital economies. Mario Draghi’s comprehensive 400-page report is nothing short of an intellectual tour de force. It dissects the complex socio-economic challenges Europe faces while offering a bold vision for transformation. Central to his thesis is the need for an astounding €800 billion in annual investments to meet the EU’s 2030 targets for jobs, industrial modernisation, and climate goals. But here’s the fundamental question: where will the money come from? Let’s be clear on one point—public funding alone won’t suffice. Europe’s ambitions will require much more than simply …