The latest assessment by the European Commission (EC) indicates that the European Union (EU) is poised to nearly meet its 2030 climate and energy targets.
Member states have made significant strides in enhancing their National Energy and Climate Plans (NECPs), putting the EU on the cusp of a 55% reduction in greenhouse gas (GHG) emissions and achieving at least a 42.5% share of renewable energy.
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According to the EC, the EU is on track to reduce net GHG emissions by approximately 54% by 2030 compared to 1990 levels.
This projection assumes full implementation of existing and planned national measures alongside EU policies.
The EC’s Climate, Net Zero and Clean Growth Commissioner Wopke Hoekstra said: “Emissions are down 37% since 1990, while the economy has grown nearly 70% — proving climate action and growth go hand in hand. Now we must build on this momentum.
“Investing in clean technologies and innovation is essential for industrial competitiveness and opens new markets for EU companies. Our commitment to the clean transition gives investors clarity and strengthens Europe’s resilience and prosperity. This is a decisive moment — every sector in every member state must contribute to delivery.”
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By GlobalDataStrategic initiatives such as the Clean Industrial Deal and the Affordable Energy Action Plan will further support NECPs by driving investments in industrial decarbonisation and clean technology.
These efforts aim to capitalise on Europe’s renewable potential and energy-efficient solutions, contributing to more affordable and stable energy prices over time.
EU member states intend to lessen reliance on imported fossil fuels, enhance energy supply and infrastructure resilience, hasten the integration of the internal energy market, and aid the most vulnerable through investments and skills development.
The EC’s assessment lays a robust groundwork for future discussions on the EU’s decarbonisation path towards 2040 and achieving climate neutrality by 2050.
The forthcoming phase involves allocating public funds to support transformative investments, stimulating private investment, and coordinating efforts at both regional and European levels.
The EC will continue to assist member states in implementing their plans and filling any remaining gaps while those that have yet to submit their final plans, namely Belgium, Estonia, and Poland, are urged to do so promptly.
The EC is also evaluating Slovakia’s final NECP, submitted on 15 April 2025.
In June 2024, the EU announced a €3bn ($3.2bn) funding boost for renewable energy projects.
