Green recovery

Six years ago around 200 global leaders signed the Paris Climate Agreement, binding their countries to the transition to a lower carbon economy by phasing out fossil fuel subsidies and pledging to limit the global average temperature increase to a maximum of 2 degrees Celsius above pre-industrial times. In Europe alone, the EUs’ national energy and climate plans (NECPs) for 2021 to 2030 have committed to achieve a 32% share of renewable energy by 2030.