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EU to Bolster Carbon Emissions Data as Green Shift Speeds Up

  • Bloc to develop statistics on climate plan, economy chief says
  • EU plans to clean up every sector as part of sweeping reform
PGE SA Coal Plant With Poland Planning Clean Energy Investment
Photographer: Bartek Sadowski/Bloomberg

The European Union wants to create indicators to measure its transition away from fossil fuels and add them to its economic databases as the region changes gears in a fight with climate change.

“It is high time that our dashboards focus not only on GDP growth, public deficits or inflation but also on the green transition,” EU economy commissioner Paolo Gentiloni told a conference on sustainable investment in Brussels on Thursday.