The Commission has set the ambitious goals, via the Green Deal, to reach the global climate target of net zero by 2050 and, via the Fit for 55 package, to reduce greenhouse gas emissions to at least 55% below 1990 levels by 2030. To achieve these challenging goals, industry is playing a pivotal role by rethinking, among other issues, supply & value chains. But is equally leads to a deep transformation within the MET sector. However, it must be recognised by policy makers that a transformation of this magnitude takes time to implement. It must be done while safeguarding the global competitiveness and ensuring that European companies can, at least preserve, and ideally increase, their market share in a globalised world.
In its paper Ceemet identifies four issues for industry:
- Investment in technology & research, development and innovation
- Supply & value chains
- Finance for the Green Transition
- Rightly skilled workforce