The European paper industry has launched the last 27 February the reviewed version of its 2050 Roadmap detailing the pathways and investment needed to cut its carbon emissions by 80% while creating 50% more added-value.
The Roadmap projects the need for € 44 billion more investment – a 40% increase on current levels – to transform industry in Europe and lead the low-carbon bioeconomy by 2050.
The Confederation of European Paper Industry (Cepi) pioneered in 2011 the first low-carbon industry Roadmap.
With the Roadmap 2050 the industry has reaffirmed its vision that reductions of the emissions and growth are mutually compatible and calls for a better alignment of policy, research and financing conditions to boost investment in Europe.
More must be done to accelerate industry transformation in Europe and Italy over the next decade.
The European Commission has rightly put the focus back on investment.
During the last General Assembly (June 14) Assocarta has launched the Italian version.
From energy efficiency to deployment of breakthrough technologies, emissions reduction pathways the Roadmap has estimated to require a combined additional investment of € 24 billion by 2050.
However; it lacks a long-term commitment to drive manufacturing investments back to Europe and Italy.
The aim of the Assocarta initiative is also to give a contribute to the drafting of the Italian SEN (national energetic strategy).
The time to act is now; the policy framework for the next decade is being shaped now!