The European Commission President Ursula von der Leyen gave her first state of the union speech and proposed a revision of the EU emissions reduction target from 40% to 55% by 2030. This target is the central piece of the EU’s 2030 Climate Target Plan, together with the revised ETS state aid rules.
The Confederation of European Paper Industries acknowledges the 55% target compared to 1990 levels and notes that, according to the impact assessment to be released soon, the new reduction target is both economically feasible and beneficial for Europe, with the adequate policies in place.
«The target is the most significant milestone in the EU’s drive to realise its goal of becoming the world’s first carbon neutral continent by 2050. It is a challenging transition for any industrial sector but, if achieved, it will impact the food Europeans eat, the cars they drive and the homes they live in. Our sector contribute to all that with green and resilient solutions made in Europe with European technology for European consumers», Cepi Director General Jori Ringman says.