Investor Presentaiton
THE NEW EUROPEAN COMMISSION PRESIDENT
PLANS TO INCREASE THE AMBITIONS EVEN FURTHER
Reduction of
greenhouse gas
emissions from
1990 levels
Share of renewable
energy sources
in total final energy
consumption
Energy savings
(EED***) compared to
business-as-usual
predictions from 2007
Declaration of,,Green Deal for Europe":
Increase the emission reduction target for
2030 from 40% to 50%-55%
Europe will be the first greenhouse gas
emission neutral continent by 2050 (relevant
legislation will be provided in first 100 days in
office)
■Consider implementation of CO2 tax on goods
imported from countries with weak climate
policies
Partial transformation of the European Investment
Bank into a "Climate Bank" to unlock 1 trillion
euros for climate investments in the following
decade
■ Financial support for less developed regions
(so called,,Just transition fund")
Energy savings mentioned only implicitly
Π
Pressure on
decarbonization
will grow further
■ Strong long-term
incentive for
CO2 price
growth
2 Note: The areas are assigned for better orientation. Ursula von der Leyen did not assign areas explicitly.
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