EU needs trillions of investment for 2050 climate target - Green research

EU needs trillions of investment for 2050 climate target - research The European Union will need 1.5 trillion euros ($1.6 trillion)per year of investments to meet its 2050 net zero emissions target, research backed by Green EU lawmakers said on Monday. Kate Abnett Reuters

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The European Commission is set to recommend next week that the EU cuts net emissions 90% by 2040, from 1990 levels, and outline the huge upfront increase in investments needed to get Europe on track to have zero net emissions by 2050.

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