Since 1990, the European Union has reduced its greenhouse gas emissions by 24 percent. It’s all part of the bloc’s goal of making Europe the first climate-neutral continent by 2050. The next big step toward that goal will be hitting a 55 percent reduction by 2030 — more than doubling the change over the last 30 years in the coming decade. The details of those goals will be hammered out in meetings next month.
Why This Matters: Europe’s pledge to reach neutrality by 2050 is a legal commitment that guides banks, policies, and decision-making. Each of the EU’s 27 countries must now write its own plan for how to reach these targets.Continue Reading 403 words