The Federal Government believes that Germany’s climate targets for 2030 are achievable. “Providing we stay on course, we are set to achieve our 2030 climate targets,” said Economics and Climate Action Minister Robert Habeck in view of new data from the German Environment Agency (UBA). According to the Climate Protection Act, this is the year by which greenhouse gas emissions in Germany are to be reduced by 65 percent as compared to 1990 levels.  

In its latest report, the UBA projects a reduction of just under 64 percent. The Ministry says this target is now within reach. Germany plans to be climate-neutral by 2045. The planned energy transition is crucial in meeting this target. By 2030, at least 80 percent of electricity consumption is to be covered by renewable energies.

Related Article: Germany to allow carbon capture, underwater storage

“Our efforts are worthwhile, and our actions are making a difference,” said Minister Habeck. He also stressed: “We are not doing equally well in all sectors, however: there are some areas in which we need to work harder.”  

ESG News Editorial Team

The ESG News Editorial Team is comprised of veteran financial journalists and sustainability analysts dedicated to providing real-time, objective reporting on global ESG regulations, climate finance, and corporate governance. Our desk monitors daily developments from the SEC, IFRS, CSRD and international regulatory bodies to ensure our 1M+ readers receive accurate, data-driven insights into the evolving sustainable investment landscape. Follow the ESG News Editorial Team for expert reporting on global sustainability standards, ESG disclosures, and climate policy. Access over 10,000 investigative reports and real-time updates.