The Commission today presents a package of measures to accelerate the transition to low-carbon emissions in all sectors of the economy in Europe. The Commission is working to keep the EU competitive as the global social economic model changes following the impetus to move towards a modern and low-carbon economy set by the Paris Agreement on climate change. Today’s proposals set clear and fair guiding principles to Member States to prepare for the future and keep Europe competitive. This is part and parcel of the Low cost strategy pdf Union and a forward-looking Climate Change policy.

2030 compared to 1990 levels across all sectors of the economy. Vice-President in charge of the Energy Union Maroš Šefčovič said:”The Energy Union is delivering. With the proposed reform of the Emissions Trading System last year and today’s proposal on greenhouse gas emissions targets for Member States, we anchor the 2030 Energy and Climate framework in legislation. We are also setting our transport system firmly on the path towards zero-emissions. Vice President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen said: “This strategy is more than about transport and emissions. It should be seen as yet another element of our efforts to modernise European economy and strengthen our Internal Market.

It defines key priorities on the way to low-emission mobility and gives clear guidance for future investors. EU Commissioner for Climate Action and Energy Miguel Arias Cañete said: “The EU has an ambitious emissions reduction target, one I am convinced we can achieve through the collective efforts of all Member States. The national binding targets we are proposing are fair, flexible and realistic. They set the right incentives to unleash investments in sectors like transport, agriculture, buildings and waste management. EU Commissioner for Transport Violeta Bulc said: “Transport accounts for a quarter of Europe’s greenhouse gas emissions and is a main cause of air pollution. The transition to low-emission mobility is therefore essential to reach the EU’s ambitious climate objectives and to improve the quality of life in our cities.

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It is also an opportunity to modernise the EU’s economy and keep Europe’s industry competitive. In the EU, efforts have already started to align private investments with climate and resource-efficiency objectives. The EU financial instruments are significant contributors to climate funding. All sectors of the economy should contribute to achieving these emission reductions. Europe’s low-carbon transition and respond to the commitments made by the European Union countries under the Paris Agreement on climate change. The Commission will start working on the Action Plan on low-emission mobility to present the remaining initiatives without delay.