In 2020, the main energy source for the EU was renewables, overtaking fossil fuels for the first time in history – according to the annual State of the Energy Union report by the European Commission.
Moreover, the EU’s emissions dropped by 10% from 2019, and climate-warming pollution has been reduced by 31% since 1990, keeping the EU on track for their target of a 50% reduction by the end of 2030.
The report credited these positive shifts to the overall increase in renewable investments, which went from €32.9 billion in 2019 to €48.6 billion in 2020.
For the EU to continue to achieve its ambitious emissions targets it is vital that investors are supported to identify attractive assets and navigate risk. With offices in Spain, Portugal, France, Italy, Germany, and Turkey, Exus is committed to supporting investors in the European market.
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