On June 17th, the European Commission adopted its first-ever Report on the Impact of Demographic Change. It presents the drivers of this long-term change and the impact it is having across Europe. It also highlights the links between demographic structures and the impact and recovery potential from the crisis.
The report presents long-term demographic trends in Europe’s regions – from longer life expectancy, to lower birth rates, ageing societies, smaller households and increasing urbanisation. It also shows Europe’s declining share of global population – expected to account for less than 4% of the world’s population by 2070.
The significant differences in demographic change across regions, as well as the need to address its impact on growth and sustainability, employment, health and long-term care in different parts of Europe are also pointed out in the report.
The findings of the Commission’s Demography Report show that there is no one-size-fits-all approach. Policymaking needs to zoom into the reality on the ground. The European Union, Member States and regions have a shared interest in responding to demographic change for the benefit of all Europeans. Demographic change will affect everybody and must be a factor that helps steer Europe’s recovery from the crisis and provide us with insights as we build a more resilient, sustainable and fair Union.