Joint letter: Investors, businesses, regions, cities, local communities and NGOs call on the EU leaders to agree on the most ambitious 2030 climate target

Joint letter: Investors, businesses, regions, cities, local communities and NGOs call on the EU leaders to agree on the most ambitious 2030 climate target

Ahead of the European Council’s discussion on the ambition level of the new 2030 climate target, a unique gathering of businesses, investor groups, local and regional authorities and NGOs published a joint letter calling on the EU leaders to agree on the most ambitious target level.

Signed by Solar Heat Europe and other 46 organisations, representing over 2.700 cities, 330 regions, €62 trillion in investment portfolio, more than 800 companies and 330 NGOs, the joint letter clearly expresses the desire of European stakeholders to have the EU’s 2030 climate target substantially increased. Building on the recent proposal from the European Commission, the signatories hope European Member States will improve what is proposed, and in particular call for decisive action to remove emissions through Nature Based Solutions to come on top of the needed strong emission reductions in other sectors.

The letter welcomes the Commission’s proposal to substantially increase the EU’s 2030 climate target and states that the Member States should agree on at least -55% while some civil society organisations supporting the letter are already calling for at least -65% emission reductions. European stakeholders encourage Member States to achieve increased climate target both by strong emission reductions as well as decisive action to remove emissions through Nature Based Solutions in line with the need to protect Europe’s biodiversity.

European cities, regions, businesses, investors, NGOs and local communities, underline that only ambitious climate action can avert the most dire future costs of climate change impacts and provide a unique societal and economic opportunity to achieve a socially just transition for all European regions. 

Wendel Trio, Director of Climate Action Network (CAN) Europe said: “ For the EU to provide a fair contribution to the global effort to limit temperature rise to 1.5°C, a reduction of at least 65% of greenhouse gas emissions would be needed. We thus need Member States to support increasing European climate action in line with the objectives of the Paris Agreement. More is necessary, possible and it would protect Europeans from the worsening impacts of climate change, while providing a unique opportunity to recover from the current economic crisis and create socially just, better and healthier jobs.”

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