Driving change: The decarbonisation of European transport
17 nov 2021
Transport is the bedrock of modern economies. It is also a major source of carbon dioxide emissions. To put this in context, nearly a quarter of Europe’s CO2 emissions – more than a billion tonnes a year – are generated by transport, according to European Union research. And transport emissions, unlike those from other sectors, are rising rather than falling.
The purpose of this study is to examine decarbonisation strategies in three key transportation subsectors: aviation, rail and shipping. We explore how corporates and investors plan to cut emissions, their ambitions and investment plans, and the impact of government policy and new technologies. We also examine the steps they are considering as they look to optimise their investments and minimise risk.