It will be easier for Danish companies to plan and invest after EU countries agreed on a new 2040 climate target on Wednesday. This is according to the major business organisations Danish Industry and Danish Business.
- It is really gratifying that the EU has agreed on a climate target of 90 percent. It creates predictability and sends a clear signal to the entire European business community to invest even greener in the future, says Danish Industry's climate manager, Anne Højer Simonsen.
A similar message comes from the deputy director of Danish Business, Ulrich Bang.
- It is important that we now have a 2040 target so that the member states and companies know the framework within which they must operate. Climate efforts are under pressure these years. It is therefore crucial that we remember that the green transition also contains solutions to some of the other major existential challenges facing Europe, says Ulrich Bang.
While the Greens in the EU Parliament had wanted a greater focus on the climate in the target, the business community praises the fact that competitiveness has been taken into account in setting the climate target.
- I note that the agreement has succeeded in establishing the positive connection between the EU's competitiveness, energy security and green transition. This is an important development that we hope will become a core pillar for the EU in the future when new agreements are to be decided, says Anne Højer Simonsen.
According to the EU Commissioner for Climate Action, Wopke Hoekstra, consideration for business investments is part of the justification for the new climate target.
- The 2040 target sets the next milestone for the EU's work towards climate neutrality in 2050. The target also sets the investment horizon that our industry needs. This is what business has been calling for, says Wopke Hoekstra.
/ritzau/
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