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”.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.