SolarPower Europe welcomes the initiative by the European Commission to review the Non- Financial Reporting Directive to encourage companies to develop a more responsible approach to business. The European Union has a unique opportunity to take action to achieve carbon neutrality by 2050. To successfully achieve this vision, the mobilisation of capital flows towards the operations, technologies and assets that will support Europe’s carbon neutrality and industrial leadership in clean energy technologies will be paramount.
In this light, SolarPower Europe provides recommendations to increase transparency in reporting requirements that will allow for an increase in financial flows for sustainable investments to help meet EU’s 2030 climate and energy targets and decarbonize our economy by 2050.
Read and download our recommendations here.