Two years after the Paris Agreement, the EU leads in fighting climate change; The Commission presents initiatives for a modern economy and a fair society
Two years after the adoption of the Paris Agreement, the EU remains fully committed to reducing its domestic emissions by at least 40% between 1990 and 2030. Progress has been made to meet the 2020 target and to finalise the climate legislation for the next decade.
The Commission participated in the "One Planet Summit", hosted by the French President Emmanuel Macron, in Paris today. At the Summit the Commission presented its new Action Plan for the Planet, which includes the following 10 transformative initiatives for a modern economy and a fair society:
These initiatives are all reflected under the 10 political priorities of the Juncker Commission.
Vice-President for the Euro and Social Dialogue, Financial Stability and Financial Services Valdis Dombrovskis, Vice-President responsible for the Energy Union, Maroš Šefčovič and Commissioner for Climate Action and Energy, Miguel Arias Cañete represented the Commission at the Summit. They announced concrete actions in the economic transition and fight against climate change.
The Summit brought together actors who are engaged in making the modern and clean economy a reality, and those who have the capacity to financing climate action. Over 1000 delegates participated in the Summit, which will continue on Wednesday with various side-events.
The Paris Agreement sends a clear signal to capital markets and investors - public and private – that the global transition to clean energy is here to stay. Recognising that the Paris Agreement is a key element for the modernisation of the European industry and economy the Commission sees it as an opportunity for EU businesses to maintain and exploit their first mover advantage when fostering renewable energy, energy efficiency, and competing on the development of the clean technology market globally.
EU Invests in the Planet: Ten Initiatives for a Modern and Clean Economy: EN
“Greening finance for sustainable business” – SPEECH by Vice-President for the Euro and Social Dialogue, Financial Stability and Financial Services Valdis Dombrovskis
"Accelerating local and regional climate action" – SPEECH by the Vice-President responsible for the Energy Union Maroš Šefčovič
“Scaling-up finance for climate action” – SPEECH by Commissioner for Climate Action and Energy, Miguel Arias Cañete
12 gruodis 2017