Business and Investors call on the EU to Set a Greenhouse Gas Emissions Reduction Target of at least 90% by 2040. Kyoto Club has also joined the letter.
On 27 May 2025, over 150 companies and investors signed a joint letter urging the EU to adopt a greenhouse gas reduction target of at least 90% by 2040. A strong climate goal would boost the EU’s resilience, energy security, and competitiveness.
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In an open letter coordinated by CLG Europe, CEOs, leading businesses, investors, networks and SMEs across the EU, call on the EU to set a greenhouse gas emissions reduction target of at least 90% by 2040. This science-based target reflects the urgency and benefits of near-term action. Businesses and investors stress that a robust target will bring economic opportunities and competitiveness benefits while increasing energy security for citizens and businesses. They argue that the target, and climate more broadly, should be considered as a central element of the EU’s overall strategy to achieve these objectives.
Kyoto Club has also signed the letter.
