On Wednesday 16 September, during her State of the Union speech, EU Commission President Ursula von der Leyen announced the plan to propose an increased GHG emissions reduction target of at least 55% by 2030 against 1990 levels.
The European Alliance to Save Energy (EU-ASE) welcomes this decision, which comes at a crucial time for implementing the Paris Agreement and contributes to keeping the EU on the path to become climate neutral by 2050.
Monica Frassoni, President of the European Alliance to Save Energy, said:
“We very much welcome the proposal for an updated GHG emissions reduction target of at least 55% by 2030. This is the right signal in favour of a green recovery. We now expect that this move is quickly followed by the decision to adapt and make binding the targets for energy efficiency and review the EED. Energy efficiency needs to be more clearly recognized as a catalyst for the decarbonisation of our energy system.”
Harry Verhaar, Chair of the Board of the European Alliance to Save Energy, said:
“The Commission’s proposal to increase the climate target to 55% for 2030 is excellent news. Such a move is crucial in helping deliver the economic transformation required for building a prosperous, resilient and climate neutral economy and ensure that we are on track to reach Europe’s goal to become carbon-neutral by 2050 at the latest. From a business perspective this decision means: long term certainty to plan investments in growing markets, and an unprecedented boost to green, digital and high-skilled jobs relevant for Europe’s citizens and future.”
The European Alliance to Save Energy (EU-ASE) was established in December 2010 by some of Europe’s leading multinational companies. The Alliance creates a platform from which companies can ensure that the voice of energy efficiency is heard from across the business and political community. EU-ASE members have operations across the 27 Member States of the European Union, employ over 340.000 people in Europe and have an aggregated annual turnover of €115 billion.
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