Environment

Europe will achieve its climate goals 21 years ahead of 2030

Seetao 2021.09.06
  • According to research, at the current rate, Europe can only reach the goal of reducing greenhouse gas emissions by 55% in 2030 by 2051.

A study involving Enel, Europe's largest utility company, stated that unless Europe accelerates its energy transition measures and improves governance, Europe will not be able to achieve its key climate goal of reducing greenhouse gas emissions for more than 20 years.

A study by the Enel Foundation and European House-Ambrosetti shows that at the current rate, Europe can only achieve the goal of reducing greenhouse gas emissions by 55% in 2051 by 2030. In July 2021, Brussels announced a series of ambitious measures in its package plan to put the EU on track to achieve the 2030 goal of reducing carbon emissions by 55% from 1990 levels.

The study submitted on September 5, 2021 stated that to achieve the 2030 goal, the entire group needs approximately 3.6 trillion euros (4.3 trillion US dollars) of investment, and the potential cumulative impact on EU economic growth exceeds 8 trillion euros. . But it warned that the EU needs to step up its efforts if this potential is to be realized.

Francesco Starace, CEO of Enel, said: “It is necessary to accelerate and equip a governance system that can meet challenges and translate intentions into concrete actions.” He said that at the current pace, Europe can only achieve its 2030 goal, which is Raise the share of renewable energy to 40% of final consumption in 2043. "

Keywords: new energy, overseas engineering, international engineering construction, foreign engineering construction news

To speed up this process, the study calls on member states to cooperate more closely in the energy transition and adopt regional approaches to help promote market integration.Editor/XuNing

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