SEFA’s Response to Commission’s Consultation on European Climate Law amendment

The EU faces a huge responsibility over the next two decades: to deliver climate neutrality while strengthening resilience and Europe’s technological and industrial leadership. SEFA welcomes the 90% emissions reduction target for 2040 but urges the EU to treat it as a baseline rather than a destination, and to bring forward the enabling policies that allow investment in clean energy and building renovation to scale now. Keeping a pathway open towards the Scientific Advisory Board’s 90-95%1 emission reduction target would strengthen the market signal and lower transition risk and cost. However, targets alone do not mobilise capital: investors need early certainty, stable regulation and enforcement, clear demand-side policies, and effective de-risking tools.