09.04.2024statement

Statement to the Commerce and Environment Committees of the Finnish Parliament on the EU's 2040 climate target and progress towards climate neutrality by 2050

Climate Leadership Coalition provided an expert opinion on the Finnish government's report regarding the EU's 2040 climate target and progress towards climate neutrality by 2050 to the Commerce Committee and the Environment Committee in the Finnish Parliament. CLC supports the proposed 90% reduction target compared to 1990 levels and emphasizes the need for separate targets for emissions reductions and carbon removal.

  • Alignment with EU Climate Goals

The 2040 climate target should align with the Paris Agreement and COP28 conclusions, focusing on emissions reductions and carbon removal.

  • Importance of Predictable Regulatory Environment

A predictable regulatory environment and market mechanisms are crucial for enabling necessary investments and achieving the 2040 target.

  • Support for EU Industrial Green Deal

The EU Industrial Green Deal is seen as a positive step towards reducing industrial emissions and strengthening value chains within the EU.

  • Enhancing Carbon Sinks in Land Use Sector

Strengthening carbon sinks in the land use sector is vital for long-term climate policy, requiring strong incentives and integration with broader bioeconomy development.

Read the statements in full (in Finnish, PDF):

Asiantuntijalausunto E10/2024 vp TaV

Asiantuntijalausunto E10/2024 vp YmV

More information:

Juha Turkki

Development Director, CLC

juha.turkki@clc.fi

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