Europe's 2040 climate target and path to climate neutrality by 2050
Position Paper
7 Jan 2025
Environment, Energy

The European Commission’s proposal for a 2040 greenhouse gas emissions target underscores the EU’s commitment to climate neutrality. Now just months after COP29 and with 2024 being the hottest year in recorded history, urgent action is required. With a proposed 90% reduction in greenhouse gas emissions, this vision depends on strategic investments in low-carbon technologies and regulatory simplification. But the first step on this journey is achieving the 2030 targets, which require deeper collaboration between policymakers and industry. Only by fostering innovation and creating an attractive investment environment will the EU lead the global transition to a sustainable and resilient economy. Learn why industry involvement is essential to maintaining EU competitiveness during this transition.

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