EU-ASE supports call from over 150 CEOs urging EU to raise 2030 emissions target

In a critical year for climate action, five years on from the landmark Paris Agreement and with the clock ticking for countries to ratchet up ambition before the end of the 2020, CEOs from over 150 European businesses, investors and business networks are calling on EU policymakers to support an EU 2030 greenhouse gas (GHG) emissions reduction target of at least 55%, necessary to raise the pace and focus of transition efforts for the EU to become a climate-neutral continent by 2050.

The European Alliance to Save Energy (EU-ASE) and its President Monica Frassoni are proud to support this call and to join such group of progressive businesses at a crucial time for Europe and the World. Among EU-ASE membership, the signatories include the CEOs of the following companies: Signify, Schneider Electric, Saint-Gobain, and Knauf Insulation.

The letter states:

“What we urgently need to see next is an ambitious implementation of the recovery package focused on achieving a green and digital transition, with the European Green Deal at its core and an elevated short-term emissions reduction target in its sights.”

“The right decisions now can help create and protect healthy, thriving and fair communities and secure a roadmap for a prosperous economy. Delivering Europe’s long-term ambition to become the first climate neutral continent by 2050 requires an extensive set of urgent measures to scale up action. From a business and investor perspective, clarity on the net zero transition pathway and timetables for each sector, as well as policy that enables substantial investments in carbon neutral solutions is essential.

“We are writing to call on you, as European leaders, to avoid the worst effects of climate change and secure a sustainable, competitive economic recovery by:

  • endorsing the ambition set out in the European Green Deal
  • submitting resilient recovery plans which enable the green investments needed to deliver climate neutrality
  • agreeing a clearly defined target to reduce domestic greenhouse gas emissions by at least 55% by 2030 and associated objectives

“We understand the risks posed by climate change and biodiversity loss to our businesses and are already working to unlock change in key economic sectors. Investors, banks and insurers are working to transition portfolios to net zero emissions. More than 900 companies are taking science-based climate action and more than 400 have approved science-based targets. We are investing heavily in clean energy, energy efficiency and electrification, lowering emissions across value chains and the lifecycle of our products, and developing better practices in the bioeconomy.”

As a strong signal of business and investor leadership for a healthy, resilient, zero carbon recovery, the letter is being profiled by the UN Climate Champions Race To Zero campaign at the Opening Day of Climate Week NYC. The letter is being presented to Executive Vice President of the European Commission Frans Timmermans.

The signatories, members of the Corporate Leaders Groups, the We Mean Business coalition, as well as IIGCC and Business Ambition for 1.5C, and many business networks from across Europe, acknowledge the urgency of the climate crisis, calling on the EU to lead the way towards decarbonisation of the global economy by 2050 at the latest.

Download the letter here

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Leading businesses urge Governments to put building renovation at the centre of recovery plans

Ahead of the important European Council meeting of next 17-18 July, EU-ASE addressed a letter to the 27 EU Heads of State and government to call for leadership and long-term political vision for managing the economic and social crisis caused by the COVID-19 pandemic.

 

Brussels, 14 July 2020

 

Dear Leaders of Europe,

 

The health and socio-economic crisis caused by Covid-19 calls for unprecedented decisions in the process of designing resilience and recovery plans. We have now an opportunity for Europe as a whole to make a great leap forward towards new and more sustainable economic models, instead of going back to the pre-crisis status quo. Now more than ever, Europe needs your bold political vision to implement immediate measures and to quickly fix the damages left behind by COVID-19, while investing in our long-term future. This opportunity should not be wasted.

As businesses and investors having energy efficiency and energy demand reduction at the heart of our activities, we expect Europe’s global climate leadership to be translated into measures which will lead to a green recovery and positive long term impact for citizens, business and the environment. As an example, the Renovation Wave is a unique opportunity to promote a European based industry, with technologies and expertise able to serve the renovation demand locally. Investing in the comprehensive renovation of the European building stock will help maintain the competitive advantage of the European construction value chain and create local jobs, while lifting millions of Europeans out of energy poverty. But despite its great potential, only a few Member States have committed to this objective by submitting their Long-Term Renovation Strategies due in March.

According to the European Commission’s recovery strategy released last month, the renovation of buildings across Europe is key and the upcoming Renovation Wave Initiative will be critical to stress the positive impact that sustainable and energy efficient buildings can have on health, well-being and quality of life; emission reduction and climate change; economic recovery and job creation. According to a recent study, for every €1 million invested in energy renovation of buildings, an average of 18 jobs are created in the EU. These are local, long-term jobs that will stimulate economic growth and will help drive us out of the economic crisis.

In order to fully realize Europe’s building renovation potential, it is paramount to increase the renovation rate of the building stock to a minimum of a 3% per year and make renovation programmes the cornerstone of the national recovery and resilience plans that you are due to present next October.

In view of the above, we look forward to working with you to decarbonize the EU building stock by 2050.

Yours sincerely,

Monica Frassoni
President of the European Alliance to Save Energy (EU-ASE)

 

Download the letter

 

Media contact:
Matteo Guidi
+32 493 37 21 42
matteo.guidi@euase.eu

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Letter calls upon the REGI Committee to exclude fossil fuels from the Just Transition Fund

Dear Member of the REGI Committee, 

We call on you to vote in favour of a better future for communities by voting for regions to leap forward, not backwards. In your vote on the 6 July, we ask the REGI Committee to exclude fossil fuels from the Just Transition Fund – including fossil gas – and support a just transition for all. 

Fossil gas is a fuel with substantial CO2 and methane emissions contributing to climate change and its catastrophic impacts on people and biodiversity. Methane is 86 times more potent than carbon dioxide (CO2) over a 20-year period, making it the second most important greenhouse gas, contributing to 25% of warming experienced today. 

Fossil gas infrastructure is also not compatible with most renewable gases, and almost certainly not for renewable gases at scale. The European Commission and the International Energy Agency (IEA) have successively scaled down gas demand projections for 2030. 

The EU’s Just Transition Fund is an integral part of the EU Green Deal. It has the potential to ensure that Europe’s transition to a climate neutral, resilient and healthy future leaves no region – or person – behind. But this requires a strong commitment to a climate-neutrality goal that would limit global temperature rise to 1.5°C. 

Communities have an opportunity to leap forward to a more sustainable, more resilient and healthier future away from carbon extractive industries. Investing in fossil gas comes with huge cost to the climate, Europe’s competitiveness and European societies. Meanwhile, renewable energy investments bring up to three times more jobs per euro invested than the same amount invested in fossil fuels – and renewable jobs are more likely to be local than those in fossil gas. 

It’s time to face the truth: fossil gas has no place in EU funds, including the Just Transition Fund. The Council realised this and so too must the Parliament.

Read the full statement

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Water is everyone’s business

The European Alliance to Save Energy is one of the undersigned organisations and businesses​ that stand with the 375,000 European citizens who have urged the EU governments and the European Commission to preserve the European Union’s groundbreaking Water Framework Directive in its current form, as advocated by the #ProtectWater campaign.

The Water Framework Directive is the key law to ensuring that freshwater ecosystems in Europe are protected and restored and water is sustainably managed, fully supporting the achievement of the Sustainable Development Goals.

This law has provided a stable regulatory framework and has encouraged collective water stewardship action in river basins across the EU.

The joint statement is signed by:

AquaFed, Aqualia, Compagnie Intercommunale Liégeoise des Eaux, The Coca-Cola Company, Coca-Cola European Partners, Coca-Cola Hellenic Bottling Company, Dupont Water Solutions, Ecolab, European Alliance to Save Energy (EU-ASE), European Fishing Tackle Trade Association, European Outdoor Conservation Association, Greencore, Grundfos, H&M Group, Heineken, Knauf Insulation, Kyoto Club, NVP Energy Solutions, Suez, Veolia, WAKEcup Global, Water Europe, and Xylem.

 

Read the full statement

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Green recovery: reboot and re-boost our economies for a sustainable future

The coronavirus crisis is shaking the whole world, with devastating consequences across Europe. We are being put to the test. We are suffering and mourning our losses, and this crisis is testing the limits of our system. It is also a test of our great European solidarity and of our institutions, which acted fast at the start of the crisis to deploy measures to protect us. The crisis is still ongoing, but we will see the light at the end of the tunnel, and by fighting together, we will beat the virus.

Never have we faced such a challenging situation in peacetime. The fight against the pandemic is our top priority and everything that is needed to stop it and eradicate the virus must be done. We welcome and strongly support all the actions developed by governments, EU institutions, local authorities, scientists, medical staff, volunteers, citizens and economic actors.

In this tremendously difficult situation, we are also facing another crisis: a shock to our economy tougher than the 2008 crisis. The major shock to the economy and workers created by the pandemic calls for a strong coordinated economic response. We therefore welcome the declaration of European leaders stating that they will do “whatever it takes” to tackle the social and economic consequences of this crisis. However, what worked for the 2008 financial crisis may not be sufficient to overcome this one. The economic recovery will only come with massive investments to protect and create jobs and to support all the companies, regions and sectors that have suffered from the economy coming to a sudden halt.

After the crisis, the time will come to rebuild. This moment of recovery will be an opportunity to rethink our society and develop a new model of prosperity. This new model will have to answer to our needs and priorities.

These massive investments must trigger a new European economic model: more resilient, more protective, more sovereign and more inclusive. All these requirements lie in an economy built around Green principles. Indeed, the transition to a climate-neutral economy, the protection of biodiversity and the transformation of agri-food systems have the potential to rapidly deliver jobs, growth and improve the way of life of all citizens worldwide, and to contribute to building more resilient societies.

 

Download the full letter and list of signatories

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