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ACCIONA calls on the EU to set its GHG reduction target at 30%

07/21/2011

ACCIONA supports the Declaration led jointly by The Climate Group (a not-for-profit organization devoted to fighting climate change), The Cambridge Programme for Sustainability Leadership and the World Wildlife Fund (WWF), and supported by a 72-strong group of leading European companies, calling on the European Union to set its GHG reduction target at 30% with the aim of encouraging investment in a low carbon economy.

ACCIONA supports the Declaration led jointly by The Climate Group (a not-for-profit organization devoted to fighting climate change), The Cambridge Programme for Sustainability Leadership and the World Wildlife Fund (WWF), and supported by a 72-strong group of leading European companies, calling on the European Union to set its GHG reduction target at 30% with the aim of encouraging investment in a low carbon economy.

The group leading the Declaration says that, among other benefits, a 30% GHG emissions target would "spur innovation and investment thus creating millions of new jobs in a low carbon economy".

Moreover, the Declaration states that a rapid transition towards a low carbon economy would give rise to: greater productivity and more jobs; leadership and competitiveness in the global markets of the future; greater stability thanks to energy security, and a vision that will encourage in vestment in the infrastructure needed for the future.

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