Ambitious EU climate goal would support industry investment, Latvia says

FILE PHOTO: Latvia's Prime Minister Krisjanis Karins arrives for an EU summit at the European Council building in Brussels, Belgium October 15, 2020. Olivier Hoslet/Pool via REUTERS

BRUSSELS (Reuters) - The European Union should set a 2030 target to cut greenhouse gas emissions by 55%, from 1990 levels, to give industry the certainty needed to invest in clean technologies, Latvian Prime Minister Krisjanis Karins said on Thursday.

“If we set a very clear and a high target of 55%, it effectively gives certainty to industry that there will be a guaranteed market for solutions and services and products,” Karins told reporters on arrival for an EU summit in Brussels.

Such investments could include clean transport and renewable energy, he said.

Reporting by Kate Abnett; Editing by John Chalmers