Climate target

The European Union needs to double targeted investment to meet its 2030 climate goal, a consortium of research organisations has said, warning that the pace of Europe's related action must accelerate.

Delivering on the 2030 objective is pivotal for the EU's ability to achieve an ambitious target of net zero greenhouse gas emissions by 2050 and end its contribution to global warming.

The EU plans to be carbon neutral by 2050, but to get there it needs to pass two decadal milestones - each implying massive adaptation by industry and consumers.

The first of those has already been set: achieving at least a 55 percent reduction in greenhouse gas emissions by 2030, compared with a 1990 baseline.