EMEA > ‘Climate funding cliff’: 2.7% of EU GDP needed every year to reach net zero -study

‘Climate funding cliff’: 2.7% of EU GDP needed every year to reach net zero -study

Published 13:32 on September 16, 2024  /  Last updated at 13:32 on September 16, 2024  / /  EMEA

Reaching climate neutrality will require additional investments worth at least 2.7% of the EU’s Gross Domestic Product (GDP) – or €462 billion at today’s rate – every year throughout this decade, according to new research published on Monday, which warns against a looming EU “climate funding cliff”.
Reaching climate neutrality will require additional investments worth at least 2.7% of the EU’s Gross Domestic Product (GDP) – or €462 billion at today’s rate – every year throughout this decade, according to new research published on Monday, which warns against a looming EU “climate funding cliff”.


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