POSITION PAPER14 November 2023

2040 climate target: Why the EU must maintain climate leadership

RECIPIENT
EU

As a minimum, the 2040 target should follow the average trajectory between 2030 and climate neutrality by 2050, or be even higher depending on the functionality of the overall framework and measures.

  • To reach our ambitions, we should support the deployment of necessary technologies, including renewables and other low-carbon energy sources, energy efficiency, green hydrogen and carbon capture.
  • The EU and Member States must maintain climate leadership through an ambitious 2040 climate target and a strong regulatory framework to support the transition.
  • We must move the focus from regulation to implementation - to reach 2040, we must first reach the 2030 target. The toolbox is set and agreed, time is now to deliver.

Contact PersonsStefan Kvarfordt
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Rue du Luxembourg 3
BE-1000 Bruxelles
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Contact our EU Office

Address

Rue du Luxembourg 3
BE-1000 Bruxelles
Subscribe to Business Policy Brief
Contact our EU Office

Address

Rue du Luxembourg 3
BE-1000 Bruxelles
Subscribe to Business Policy Brief
Contact our EU Office

Address

Rue du Luxembourg 3
BE-1000 Bruxelles
Subscribe to Business Policy Brief
Publisher and editor-in-chief Anna Dalqvist