Friends Of Europe Podcasts

As required by the EU Governance Regulation, every EU country must submit its final plans for achieving the 2030 targets on energy efficiency, renewables and greenhouse gas emissions. The plans – which cover the period of 2021-2030 – must be bold, comprehensive and inclusive, while considering Europe’s global competitiveness and trade interests. Not only will countries have to revise their Nationally Determined Contributions (NDCs), they also have to propose alternative pathways that are in line with the EU 2050 long-term climate strategy. The financial sector will have to play a central role if we are to achieve bold transformation. Putting the financial sector at the service of the climate must become a priority, and standards of investment must be developed and implemented across all sectors. The private sector needs these incentives to make the right investments and support member states and the EU to achieve a net zero emissions economy. How can member states and industries better cooperate to develop