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EU 2040 Climate Target: Contributions of the industry sector

Cover of the report "EU 2040 Climate Target: Contributions of the industry sector"

© Ecologic Institute 2024


EU 2040 Climate Target: Contributions of the industry sector


Kögel, Nora; Velten, Eike; Martini, Leon (2024): EU 2040 Climate Target: Contributions of the industry sector. Ecologic Institute, Berlin.

The EU will adopt a climate target for 2040 and a framework for its implementation in the coming years. The 2040 target and its implementation framework will be pivotal milestones on the EU's journey towards achieving climate neutrality by 2050 and ultimately attaining net negative emissions. Implementing rules that enable substantial emission reductions in industry will be a crucial part of this framework. The integrity of the EU's climate policies hinges on the strength and effectiveness of these rules.

A new report by the Ecologic Institute and the Oeko-Institut explores the past contribution of the industry sector to already achieved emission reductions as well as the contribution of the industry sector to the upcoming 2040 climate target and what it takes for industry to achieve the related emission reductions. With a focus on measures and policies governing that would further reduce emissions in industry, the report also examines the key challenges faced by the industry sector and how this is addressed in EU legislation.


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The authors would like to thank Roman Mendelevitch and Sabine Gores (Öko-Institut), as well as Benjamin Görlach and Nils Meyer-Ohlendorf (Ecologic Institute) for their helpful comments on previous drafts.

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35 pp.
Project ID
Table of contents
EU 2040, climate target, industrial sector emissions, greenhouse gas reduction, renewable energy, low-emission technologies, EU Emissions Trading System, ETS, emission reduction strategies, sustainable industry transformation, green technologies, climate neutrality, technological innovation, investment in infrastructure, material efficiency, steel industry, cement industry, chemical industry, Carbon Capture and Storage, CCS, Carbon Capture and Utilisation, CCU
Policy and Economic Analysis