Targeting Investments on Key Growth Priorities: Supporting the shift towards a low-carbon economy

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Available languages : Bulgarian Czech Danish German Estonian Greek English Spanish French Croatian Italian Latvian Lithuanian Hungarian Dutch Polish Portuguese Romanian Slovak Slovenian Finnish Swedish
Period : 2014-2020
Date : 15/11/2013

Why invest in the transition to a low-carbon economy?

Pursuing the EU climate and energy targets reduces our energy dependency

  • By 2020:
    • Reduce greenhouse gas emissions by 20%;
    • Increase energy efficiency by 20%; and
    • Generate at least 20% of the energy consumed from renewable sources.
  • By 2050:
    • Reduce carbon emissions by 85-90%.

Achieving these targets will open up new opportunities for economic development through expansion of business and research activities in low-carbon technologies and creation of new green jobs.

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