Nordic Call for EU climate targets
Climate Leadership Coalition launched the Nordic Call in June 2018, a campaign calling EU and its Member States to make the European Union Paris Agreement-proof, by setting and agreeing on new, sufficiently ambitious climate targets. By September 2020 the Call has been supported by 98 signatories, mostly companies from Finland, Sweden and Norway.
The Call is now closed, since the endorsement of the EU Climate Law in June 2021.
The initiators of the Nordic Call for EU Climate Targets welcome the new EU Climate Law with one comment, ‘We are pleased that the EU set a target for achieving net-zero emissions at the latest by 2050 and take the IPCC findings into account. We are also pleased that that the law includes the definition of a carbon budget and that it is used to define the target for 2040. But we and a large coalition of supporters believe that instead of being “indicative” the carbon budget should be “binding”.’
Nonetheless, this is a major improvement in EU climate policies, with better predictability for long-term investors. This creates a good framework for broadening the EU Emissions Trading System (ETS) and improving predictability of the carbon price. You may find the full statement here.
You may find the current initiative, Call on Carbon, here.
Original Nordic Call:
Climate change is proceeding at an alarming pace. In spite of the Paris Agreement, not enough concrete action has been taken to stop this negative trend. At this crucial moment of time, the European Union can and must step up. The IPCC will soon provide a special report on how we are faring on the 1.5 degree Celsius target and in December, at COP24, countries will draw conclusions on how to accelerate action towards the goal. The European Commission is currently preparing a proposal for a long-term strategy for the reduction of EU greenhouse gas emissions in accordance with the Paris Agreement and in view of the latest information.
We, the undersigned, call on the EU and its Member States to make the European Union Paris Agreement-proof, by setting and agreeing on new, sufficiently ambitious climate targets:
- The EU should set a target for achieving net-zero emissions at the latest by 2050 or earlier taking the IPCC findings into account.
- Based on the target, the EU should agree on a binding carbon budget for the remaining GHG emissions.
- The EU should revise and align the 2030 and 2040 targets with the net-zero target.
The Nordic countries have already set the course towards climate neutrality. Norway is aiming for climate neutrality by 2030, Finland is aiming for the same by 2035, and Sweden by 2045, while Denmark is aiming for a fossil-free, low emission society by 2050. We, as Nordic non-state actors, support the swift and sustainable implementation of such goals with our own ambitious goals and actions. We firmly believe that not only can climate change be mitigated, but it can be done in such a way that does not harm economic development and, in many cases, leads to new profitable business models.
Nordic companies are investing in R&D targeting new carbon-free processes and products. All Nordic capitals and tens of other cities and municipalities are aiming to become climate neutral before 2040, several even by 2030. Several leading companies in the Nordics have already set, or are exploring ways to set, science-based net-zero targets by 2030, and a large majority said they could set net-zero GHG emissions targets in the right policy environment. We urge the EU and its member states to join us in building a carbon-free Europe.
2050, Aalto University, ABB Sweden, Alecta, Axfood AB, Bank of Åland, Bengt Dahlgren, Borg & Co AB, Carlsberg Sverige, Castrén & Snellman Attorneys Ltd, Caverion Oyj, The Central Union of Agricultural Producers and Forest Owners (MTK), Chalmers University of Technology, City of Espoo, City of Porvoo, City of Pyhäjärvi, City of Rauma, City of Stockholm, City of Tampere, City of Turku, Cleantech Östergötland, Coca-Cola European Partners Sverige, Concito, Confederation of Danish Industry (DI), Confederation of Finnish Industries, Ensto Group, Fazer Group, Finance Finland, Finnish Energy, Finnish Environment Institute (SYKE), Folkhem, Folksam Group, Fonus, Foodloopz, Fortum Oyj, Gaia Group Oy, Gasum Oy, Grant Thornton, Haga Initiative, Helen Ltd, Helsinki-Uusimaa Regional Council, HKScan Sweden, HSB Riksförbund, Ilmarinen, Ingeniørforeningen Danmark, (IDA), JB Sustainable Approach, JM AB, KONE Corporation, KRAV Ekonomisk förening, Kvadrat A/S, Lantmännen, Lappeenranta University of Technology, Lassila & Tikanoja Oyj, Löfbergs, MaaS Global, Martin & Servera AB, Merkus Andelskasse, Micropolis Ltd, Neste Corporation, Nordea Bank Abp, Norway 203040, OP Financial Group, Oy Turku Energia – Åbo Energi AB, Polarbröd, PKA A/S, Preem AB, Pöyry LTD, Renas, Riksbyggen, S Group, SEB, SEKAB, Sitra, Skanska Sweden, SSAB, St1, Stena, Sustainability Hub Norway (S-HUB), Recycling AB, Stockholm Exergi Ab, Stora Enso Oyj, Storebrand, Swedish Chamber of East Sweden, Swedish Property Federation, Telenor Sverige, The Town of Ii, Trivector, Umoe, Unilever, University of Turku, Uponor Corporation, Vaisala, Varma, Vattenfall, Vasakronan, VTT, Wärtsilä, Åbo Akademi University, Climate Leadership Coalition, CONCITO, Zero Emission Resource Organisation, Skift – Business Climate Leaders
If you want to sign the Nordic Call or need more information, please contact:
Climate Leadership Coalition,
Climate Leadership Coalition,
The letter sent to the Heads of States in 30.9.2020: https://clc.fi/2020/09/30/8555/