The EC and Member States are investing dramatically to overcome the economical crisis and ensure that its economy grows again. In this sense, the EU needs to improve its productivity and competitiveness. It must maintain its early lead in green solutions, especially in the face of growing competition from China and North America. EU targets for sustainable growth include:
- Reducing greenhouse gas emissions by 20% compared to 1990 levels by 2020. The EU is prepared to go further and reduce by 30% if other developed countries make similar commitments and developing countries contribute according to their abilities, as part of a comprehensive global agreement.
- Increasing the share of renewable in final energy consumption to 20%.
- Moving towards a 20% increase in energy efficiency including in a key sector such as ICT.