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IIGCC signs letter on EU 2040 target along with over 100 others

IIGCC signs letter on EU 2040 target along with over 100 others
21.03.24

IIGCC has signed on to a letter along with over 100 investors, business, and investor and business networks and associations urging EU leaders to endorse a greenhouse gas emissions reduction target of at least 90% by 2040.

The letter strongly urges the Environment and Climate ministers of the European Union to adopt a robust target which will boost the resilience of the EU, ensure energy security, and enhance competitiveness.

It argues that "integrating the target into a comprehensive industrial strategy, guided by a  ‘competitive sustainability’ approach, will allow the EU to lead the global race of development of sustainable industrial ecosystems and industries."

It also makes clear that the 2040 climate target should create a clear signal to businesses and national governments of the importance in investing in nature-based solutions and the transition to a nature positive economy.  

Read the letter

Disclaimer: All communications and initiatives undertaken by IIGCC are designed solely to support investors in understanding risks and opportunities associated with climate change and take action to address them. Our work is conducted in accordance with all the relevant laws, including competition laws and acting in concert rules. IIGCC’s services to members do not include financial, legal or investment advice. The views expressed here do not necessarily represent those of all IIGCC members.