EU’s climate action does not need fossil distractions

Climate is high on the agenda of this week’s meeting with European Union heads of states and governments. What is not really certain is if the Council will manage to keep a united and determined front ahead of COP26 in Glasgow.

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

The problem the EU faces, as most other developed economies, is that behind climate ambitions and political declarations, the numbers do not add up. Too much time and resources are lost in the attempt to go around a basic reality that only a few days ago was clearly stated with no possibility of misunderstanding in the International Energy Agency’s new report, Net Zero by 2050 Roadmap: we need to stop investing in fossil fuels now.

That includes new gas pipelines, as well as grey and blue hydrogen. We must stop hiding behind the magic word ‘transition’ to prolong our still enormous dependence on natural gas, coal and oil. We need to invest and dedicate the massive amount of public resources that are available at all levels to help all of us to go green: this is no ethical issue. It is a sound economic, social and environmental choice, as it gives a real perspective to our industries and workers to stay competitive and to look to the future with trust. In other words, accelerating the green transformation is a very good news for Europe’s citizens, businesses and the environment.

In December 2020, in light of the EU’s commitment to increase its climate ambition in line with the Paris Agreement, EU leaders endorsed a common target to reduce the bloc’s net greenhouse gas emissions by at least 55% compared to 1990-levels by 2030 and confirmed the goal to become the first climate neutral region by 2050. This was a substantial step up from the previous 2030 target of cutting emissions by 40% and can be considered a result of pressure from scientific communities, public opinion and media to raise awareness and the sense of urgency on the major global risk represented by climate change.

 

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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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