Achieving climate neutrality by 2050 isn’t just about avoiding catastrophe, it’s about unlocking a wave of industrial innovation that can reshape Europe’s economic future. With the right policies in place, this transition can boost competitiveness, create high-quality jobs, reduce Europe’s dependence on imported fossil fuels and raw materials and increase resilience. The private sector will play a critical role, transforming climate challenges into business opportunities.

This report contains the Haga Initiative’s positions on four different areas of the climate transition:

• Central to this transformation is the need for clear and ambitious climate targets
• A shift from a linear to a circular economy, which can cut costs, reduce resource dependency, and create jobs is necessary
• Mechanisms like the EU Emissions Trading System (ETS) and the Carbon Border Adjustment Mechanism (CBAM) are essential for creating a level playing field in the market
• Policies need to be in place that boost the scaling up of EU’s bioeconomy, covering sustainable agriculture, forestry, and bio-based industries

Read the report in full here.