Germany will miss its greenhouse gas reduction targets

Germany has set ambitious greenhouse gas reduction targets in the Federal Climate Protection Act (as of August 2021): By 2030, emissions are to be reduced by at least 65 % and by 2040 by at least 88 % compared to 1990. These targets are linked to EU and UN climate protection agreements. The EU Climate Law of the European Union has set stricter targets for 2030 (net minus 55 % compared to 1990) and climate neutrality by the middle of the century. The EU Commission's "Fit for 55" package is intended to realise these goals.

According to the latest projection report from the Federal Environment Agency, Germany will miss its targets with the current measures. The forecasts indicate a reduction in greenhouse gas emissions of 49 % from 1990 to 2030 and by 67 % by 2040. Germany will probably have to amend its Federal Climate Protection Act again in order to comply with the new EU requirements.

By contrast, companies in the manufacturing and service sectors in Germany generated revenue of Goods and services for environmental protection 16.5% more turnover compared to the previous year (Destatis) The number of "Green Jobs" was 9.7 % higher than in the previous year. More and more companies are recognising that the transformation towards climate protection is a viable strategy for the future and more employees see jobs with a focus on climate protection as meaningful employment.

At M&P Climate, we advise companies on their path to sustainable management and realisable #CO₂reduction plans to achieve the # climate target. Because we believe that it is possible to achieve the goals of the # Paris Agreement.