The European Commission has set the ambitious goals, via the Green Deal, to reach the global climate target of net zero by 2050 and to reduce greenhouse gas emissions to at least 55% by 2030.
To achieve these challenging goals, industry is playing a pivotal role by rethinking, among other issues, supply & value chains. Undoubtedly, European industry is making great strides in greening its production processes, leading to a deep transformation.
However, it must be recognised by policy makers that a transformation of this magnitude takes time to implement. It must be done while safeguarding our global competitiveness and ensuring that we at least preserve, and ideally increase, our market share in a globalised world.
To achieve these challenging goals, industry is playing a pivotal role by rethinking, among other issues, supply & value chains. Undoubtedly, European industry is making great strides in greening its production processes, leading to a deep transformation.
However, it must be recognised by policy makers that a transformation of this magnitude takes time to implement. It must be done while safeguarding our global competitiveness and ensuring that we at least preserve, and ideally increase, our market share in a globalised world.
MET companies are moving towards more sustainable production. However, this must be a fair transition, while ensuring that we do not overburden companies in certain sectors. We must strike a balance whereby those companies who are unable, in the short term, either for financial or logistic reasons, to make the transition can be given the space to continue their operations
To get the green transition right, Ceemet puts in its paper a focus on 4 specific issues:
- Investment in technology and R&D
- Supply and value chains
- Finance of green transition
- Right skilled workforce