The new European Commission is expected to launch a set of legislative proposals in the framework of an ambitious European Green Deal that would make Europe climate-neutral by 2050. Fortum welcomes the initiative and strongly advocates for the long-term climate neutrality target: setting Europe on a path compliant with the Paris Agreement should be the key priority of the new EU institutions.
However, the European Green Deal is not only about climate ambition, but an extensive growth strategy for Europe bundling up all EU policy areas and all sectors of the European society. Among others it deals with energy supply, circular economy, ecosystems, biodiversity and mainstreaming sustainability in all EU policies. We welcome this comprehensive approach and mainstreaming climate action throughout the European society.
Fortum's position outlines our views on the Green Deal and, in particular, its expected climate-related initiatives. In Fortum’s view, the Green Deal offers an excellent opportunity to reshape the target-setting and instruments of the EU climate policy as a whole.