{"id":24213,"date":"2024-01-30T19:48:38","date_gmt":"2024-01-30T18:48:38","guid":{"rendered":"https:\/\/www.co2news.sk\/?p=24213"},"modified":"2024-01-30T19:48:38","modified_gmt":"2024-01-30T18:48:38","slug":"eu-needs-trillions-in-investment-to-reach-2050-climate-targets","status":"publish","type":"post","link":"https:\/\/www.co2news.sk\/en\/2024\/01\/30\/eu-needs-trillions-in-investment-to-reach-2050-climate-targets\/","title":{"rendered":"The EU needs trillions of investments to reach the 2050 climate target"},"content":{"rendered":"<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-0\"><span>The European Union will need an investment of 1.5 trillion euros ($1.6 trillion) a year to meet its goal of net zero emissions by 2050, research backed by EU lawmakers said on Monday.<\/span><\/div>\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-1\">The European Commission is set to recommend next week that the EU cut net emissions by 90 % by 2040 compared to 1990 levels, outlining the huge upfront investment needed to put Europe on the path to net zero emissions until 2050.<\/p>\n<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-2\"><span>Most of the funding needed for net zero - \u20ac1.16 trillion a year - could be secured by redirecting existing spending, much of it on polluting activities, according to research by the Institut Rousseau think tank commissioned by Green EU lawmakers. <\/span><span>The researchers said that would mean a huge divestment from areas such as combustion engine cars, fossil fuel production and new airports, and a jump in investment in public transport, building renovations and the expansion of renewable energy. (<em>(Kate Abnett)<\/em><\/span><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The European Union will need 1.5 trillion euros ($1.6 trillion) in investment a year to meet its net-zero emissions target by 2050, research backed by EU lawmakers said on Monday. The European Commission is set to recommend next week that the EU cut net emissions by 90% by 2040 compared to [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-24213","post","type-post","status-publish","format-standard","hentry","category-klimaticka-zmena"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/24213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=24213"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/24213\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=24213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=24213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=24213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}