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EU’s ambitious net zero goal demands 1.5 trillion annual investment: Report

EU's ambitious net zero goal demands 1.5 trillion annual investment: Report

Published on 30th January 2024

Research by a group of Green EU lawmakers says that the European Union needs to invest 1.5 trillion euros (about $1.6 trillion) every year to achieve its goal of reaching net zero carbon emissions by 2050.

The European Commission is expected to propose slashing 90% of net emissions by 2040, compared to 1990 levels.

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EU’s ambitious net zero goal demands 1.5 trillion annual investment: Report

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