Declaration on Fit for 55 package
We, as the representatives of the industry and employers’ associations of the Central and Eastern European region, acknowledge the objectives of the EU Green Deal and its “Fit for 55” update and are ready to contribute responsibly to the EU climate neutrality target by 2050. Such profound transformation, however, is an unprecedented technological and economic challenge, requiring enormous capital spending on research and development, rethinking of production processes, and deploying breakthrough technologies to deliver substantial emission reductions.