Businesses, investors, civil society launch call for strong EU 2050 climate strategies

Over 30 groups including business, civil society, investors and trade unions have today launched a joint statement in support of strong 2050 climate strategies. They call on the EU to make long-term climate strategies compulsory in the Energy Union governance regulation, and to provide guidance to help Member States make their strategies as effective as possible.

Untitled_design_40.png

“We believe that long-term climate strategies are an essential part of the EU’s leadership and response to the climate change challenge. These strategies should provide long-term policy certainty for investors and guide a cost-effective and just transition to prosperous, carbon neutral economies”, the statement says.

“To have a fighting chance of upholding the Paris Agreement, and its commitment to work to keep global temperature rise to 1.5°C, the EU needs to be carbon neutral by 2050 at the latest. Ambitious and effective national strategies are critical for achieving this goal,” said Imke Lübbeke, Head of Climate and Energy at WWF European Policy Office.

“The upcoming votes in the EU Parliament are key to beefing up the 2050 planning elements of the Energy Union governance proposal with guidance for Member States. This way we can ensure all EU countries deliver the strong climate strategies that businesses, investors, trade unions and civil society want,” Lübbeke added.

Specifically, the joint statement calls for strategies to:

  • Be consistent with the Paris Agreement, aiming for EU carbon neutrality by 2050, with legally binding 2050 targets

  • Be reviewed regularly and revised upwards in line with science

  • Cover all sources of and sinks for greenhouse gas emissions

  • Be open and transparent, detailing timing, funding and responsibilities

  • Be a basis for shorter term plans


Watch the video statement of Imke Lübbeke, Head of Climate and Energy at WWF European Policy Office.

The joint statement is open for additional organisations to sign up. Contact Leia Achampong

The Paris Agreement requires all signatories to come up with mid-century decarbonisation plans. In the EU, this will be transposed into the Energy Union governance regulation. However, the proposed regulation is too weak. The joint statement calls on the EU to ensure strong climate strategies are made legally binding in the new Energy Union governance regulation, and that the regulation contains guidance for Member States on how to make a good 2050 strategy.

The European parliament will vote on the governance regulation proposal in committee on 7 December.

The signatory groups have been brought together via WWF’s EU LIFE and MAVA-funded MaxiMiseR project.

See the joint statement

Quotes from signatories:

”We see that climate change is developing in line with the worst case scenarios of the IPCC forecasts. To avoid disaster society has to become carbon neutral towards the mid of this century and carbon negative in the decades thereafter. It is important that politicians set strict carbon reduction goals and develop a clear framework. This will enable each of us, companies, cities, individuals to make long term plans and will give us security and stability. This will also make it much more difficult for shortsighted companies and individuals to fill their own pockets at the expense of future generations.” Steven Vanholme, EKOenergy

"Investors, along with leading businesses and NGOs, recognise the urgent need for the EU and its Member States to put in place ambitious, dredible 2050 decarbonisation strategies. Such a framework for the EU's energy laws will send the right policy signals to mobilise the trillions in capiral required to support the low-carbon transition." Stephanie Pfeifer, IIGCC

"Politicians do much when it comes to climate change, but the fact is that they only have their power as long as they are mandated. The urgency of the climate crisis and the longer perspectives needed is where we as young members of the civil society can help by pointing towards the long-term goals and remind the people in power of said goals: a sustainable society for all alive today and also for the future generations to come." Madeleine Norman, Push Sweden