EMEA > EU should spend 4% of annual GDP to meet 2040 emissions goals, avoid heavy climate costs, says report

EU should spend 4% of annual GDP to meet 2040 emissions goals, avoid heavy climate costs, says report

Published 16:37 on November 24, 2023  /  Last updated at 16:37 on November 24, 2023  / Rebecca Gualandi /  EMEA, EU ETS

EU member states could avoid spending billions on climate change-related costs by the end of this century if they spend roughly 4% of their GDP per year on measures to reduce emissions 90% by 2040, according to a study by a Dutch consulting firm.
EU member states could avoid spending billions on climate change-related costs by the end of this century if they spend roughly 4% of their GDP per year on measures to reduce emissions 90% by 2040, according to a study by a Dutch consulting firm.


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