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The EU reducedCO2 by 2.5% in 2024 and spent 375,900 million euros on energy imports

The European Union decreased its greenhouse gas (GHG) emissions by 2.5% in 2024 compared to 2023, but also spent €375.9 billion on imports of energy products, according to a report published today by the European Commission.

The Progress on Climate Action Report 2025 and the State of the Energy Union Report 2025 “confirm once again that the EU is on strong track to meet its 2030 climate target of reducing net GHG emissions by at least 55% compared to 1990 levels”, the EU executive said in a statement.

Member States’ updated National Energy and Climate Plans (NECPs) indicate a 54% reduction in emissions by 2030, with a slight lag of 1.5% from the renewables target (42.5%) and an 11.7% gap in energy efficiency.

“Every 1% improvement in energy efficiency translates into a 2.6% reduction in gas imports,” the Commission notes. The document states that 47% of the EU’s electricity production was of renewable origin in 2024 and, moving forward to this year, adds that June 2025 was the first month in history in which solar energy became the EU’s main source of electricity.

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