The European Commission (EC) published on October 31 the 2024 Climate Action Progress Report, showing that net EU greenhouse gas (GHG) emissions fell by 8.3 per cent in 2023 compared to the previous year.
“This is the largest annual drop in decades, with the exception of 2020 when Covid-19 led to emission cuts of 9.8 per cent,” the EC said.
Net GHG emissions are now 37 per cent below 1990 levels, while GDP grew by 68 per cent over the same period, showing the continued decoupling of emissions and economic growth, the Commission said.
The EU remains on track to reach its commitment to reduce emissions by at least 55 p
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