Italy wants to reduce its carbon emissions by 60% by 2030

The Italian government wants to reduce the country’s carbon emissions by 60% by 2030 and will do so with an investment of 80,000 million euros in five years for ecological transition projects.

The Italian Ministry of Ecological Transition said Thursday in a note that its head, Roberto Cingolani, held a telephone conversation on Wednesday with the US special envoy for climate, John Kerry, who has made a European tour that has taken him to London, Brussels and Paris.

In this conversation, Cingolani explained that the Italian government is currently working on the plan with reforms that it will present to the European Commission before April to obtain the nearly 200,000 million euros that can come from European funds for countries affected by the coronavirus pandemic.

Italy will incorporate into this plan a series of projects worth 80,000 million euros that it wants to finance in the next five years to accelerate decarbonization, with the intention of reducing emissions by up to 60% in 2030.

The European Union has set itself the goal of reducing _CO2 emissions by at least 55% by 2030 and achieving full decarbonisation by mid-century.

The Italian Prime Minister, Mario Draghi, has placed in an important place in his cabinet the protection of the environment and the fight against climate change and has created a new Ministry of Ecological Transition that will work so that, as determined by the European Union, 37% of the millionaire aid that Italy receives is destined to “green” investments.

Source: EFE