In March 2007 the EU’s leaders agreed on a new climate and energy policy with the goal to combat climate change, increase the energy security and strengthen its competitiveness. Europe will be transformed into a highly energy-efficient, low carbon economy.
The EU Heads of State and Government set a series of demanding climate and energy targets to be met by 2020, known as the "20-20-20" targets. These are:
- A reduction in EU greenhouse gas emissions of at least 20% below 1990 levels
- 20% of EU energy consumption to come from renewable resources
- A 20% reduction in primary energy use compared with projected levels, to be achieved by improving energy efficiency.
European Commission - Factsheet: Why the EU's investigation into solar panel imports from China does not harm Europe’s climate goals