EU Strategy for Net-Zero Emissions by 2050

Summary

The European Parliament proposes a strategy to reach net-zero greenhouse gas emissions by 2050, emphasizing a 'just transition' for all citizens and sectors.
10 14.03.2019
Other
energy
economy
industry
transport
environment
human rights
social policy
public finance and budget policy
research and intellectual property
agriculture, forestry and fisheries

Key points

  • The European Union aims to reach net-zero greenhouse gas emissions by 2050 at the latest.
  • A 'Just Transition' is essential to support vulnerable regions and workers during the shift to a green economy.
  • Strong intermediate targets for 2030 and potentially 2040 are needed to provide investment stability.
  • The transition could save trillions of euros in fossil fuel import costs by 2050.
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