Earth Capital joins businesses and investors calling on EU leaders to reduce greenhouse gas emissions by 2030
Date published: Tuesday, 15 September 2020
Earth Capital joined more than 150 European businesses, investors and business networks calling on EU leaders to back the ambition set out in the European Green Deal and reduce greenhouse gas emissions by at least 55% by 2030.
Together, ahead of Commission President Ursula von der Leyen's State of the Union 2020 speech, and in the run-up to Climate Week in New York next week, we have urged European leaders to avoid the worst effects of climate change and secure a sustainable, competitive economic recovery by:
• endorsing the ambition set out in the European Green Deal
• submitting resilient recovery plans which enable the green investments needed to deliver climate neutrality
• agreeing a clearly defined target to reduce domestic greenhouse gas emissions by at least 55% by 2030 and associated objectives
Gordon Power, Co-Founder and CIO at Earth Capital said: “It seems fundamentally wrong to push recovery for recovery’s sake, or economic growth for growth’s sake. We know other emergencies are threatening our socio-economic prosperity. We, therefore, need a focus on recovery based on a green and digital transition in line with our long term climate and societal goals.”