Amazon’s €17bn low-carbon investment supports jobs and competitiveness across Europe

Staff
By Staff
1 Min Read

Amazon has invested €17 billion in European companies developing low-carbon technologies since 2021, supporting up to 144,000 jobs and generating as much as €11 billion in gross value added (GVA) across the EU and the UK.

A new report by Frontier Economics examined Amazon’s investments between 2021 and 2025 across the energy, transport and packaging sectors.

It concludes that large-scale private investment is helping to strengthen Europe’s competitiveness while accelerating the transition to a lower-carbon economy.

The findings come as European policymakers seek to close a significant investment gap in clean technologies and industrial competitiveness. According to the report, Amazon’s investments have contributed to supply chains, construction, manufacturing and operational activity across the region.

The analysis highlights three key areas of investment.

These include more than 120 carbon-free energy projects across Europe providing 8.7 GW of generation capacity, the deployment of more than 10,000 electric delivery vehicles and the introduction of 100% recyclable paper-based packaging across Amazon’s European delivery network since 2022.

Amazon plans to continue expanding its low-carbon investments across Europe.

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