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The European Commission has adopted a strategic long-term vision for a prosperous, modern, competitive and climate neutral economy by 2050 – A Clean Planet for all.

The strategy shows how Europe can lead the way to climate neutrality by investing into realistic technological solutions, empowering citizens, and aligning action in key areas such as industrial policy, finance, or research – while ensuring social fairness for a just transition.

Following the invitation by the European Council in March 2018, the Commission’s vision for a climate neutral future covers nearly all EU policies and is in line with the Paris Agreement objective to keep temperature increase to well below 2°C, and pursue efforts to keep it to 1.5°C. For the EU to lead the world towards climate neutrality means achieving it by 2050.

The purpose of this long-term strategy is not to set targets, but to create a vision and sense of direction, plan for it and inspire, as well as enable stakeholders, researchers, entrepreneurs and citizens alike to develop new and innovative industries, businesses and associated jobs.

The long-term strategy looks into the portfolio of options available for Member States, business and citizens, and how these can contribute to the modernisation of the economy and improve the quality of life of Europeans.

It seeks to ensure that this transition is socially fair and enhances the competitiveness of EU economy and industry on global markets, securing high quality jobs and sustainable growth in Europe, while also helping address other environmental challenges, such as air quality or biodiversity loss.

The road to a climate neutral economy would require joint action in seven strategic areas: energy efficiency; deployment of renewables; clean, safe and connected mobility; competitive industry and circular economy; infrastructure and interconnections; bio-economy and natural carbon sinks; carbon capture and storage to address remaining emissions. Pursuing all these strategic priorities would contribute to making our vision a reality.

The vice-president responsible for the Energy Union, Maroš Šefčovič said: “We cannot safely live on a planet with the climate that is out of control. But that does not mean that to reduce emissions, we should sacrifice the livelihoods of Europeans. Over the last years, we have shown how to reduce emissions, while creating prosperity, high-quality local jobs, and improving people’s quality of life. Europe will inevitably continue to transform. Our strategy now shows that by 2050, it is realistic to make Europe both climate neutral and prosperous, while leaving no European and no region behind.”