Long thought of as critics of a rapid decarbonisation of the economy, today the European business community is embracing the race to net-zero as a means of stimulating new revenue growth while upholding their responsibility to the environment.
This briefing explores the benefits of the transition to net-zero, in terms of business performance, regional development and international competition. It also examines how governments can support and accelerate this transition through progressive, cohesive policy measures.
The EU has set the ambition for Europe to become the first climate-neutral continent by 2050. This will require a step change in emissions reductions across the European economy. Such a transition poses an opportunity for the European businesses that embrace it, in terms of both long-term profitability & competitiveness.