The EU achieves 20-20-20 climate targets, making 55% emissions cut by 2030 attainable
According to a new European Environment Agency (EEA) assessment, the European Union achieved its three central climate and energy targets by 2020. These 2020 climate and energy targets encompassed reducing greenhouse gas emissions by 20% compared to 1990 levels, increasing the share of renewable energy use to 20% and improving energy efficiency by 20%.
Thus, the EU is still on track for the 2030 target of a 55% reduction in net greenhouse gas emissions, as long as additional efforts are made and new policies are adopted and implemented.
In this sense, HOTREC and the hospitality sector are committed to helping to reach the SDGs climate targets. However, for this purpose, the right incentives and funding need to be provided – especially to SMEs and micro-enterprises.