How is Europe responding to climate change?

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Securing the competitiveness of the European chemical industry

– Companies can build on Europe’s intrinsic strengths and play offense in sustainability, while pursuing consolidation and functional excellence.
Article

Refurbishing Europe: Igniting opportunities in the built environment
– The built environment in Europe will need to transform to achieve the EU’s goals for net-zero emissions. This is challenging... but will unlock societal benefits and business opportunities.
Report

The energy transition: A region-by-region agenda for near-term action
– What practical actions could countries take now to ensure that the energy transition both accelerates and proceeds in an orderly... fashion?
Report

Building a competitive solar-PV supply chain in Europe
– Can European businesses achieve a competitive position in the global solar-PV supply chain and strengthen Europe’s energy... transition and resilience? It’s challenging but a potential pathway exists.
Article

Europe’s EV opportunity—and the charging infrastructure needed to meet it
– To go carbon neutral by 2050, Europe needs more electric vehicles on the road—and many more EV chargers too. What will this... build-out look like and what might it cost?
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The heat is on: How public-sector leaders could drive net-zero goals
– Focusing on climate tech innovation, industrialization, and infrastructure could help public-sector leaders achieve national and... global decarbonization goals.
Report

Green corridors could lead the way to zero-carbon shipping. But how can they become a reality?
– A new report by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping in collaboration with McKinsey lays out... a blueprint to assess the feasibility of green corridors.
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Playing offense to create Nordic sustainability champions
– Nordic companies are uniquely positioned to lead the world in combating climate change, potentially creating a Nordic Silicon... Valley of sustainability.
Article

Target net zero: A journey to decarbonizing the public sector
– Government organizations can shape decarbonization policies but also help reduce global emissions by transforming their own operations... and supply chains.
Executive Briefing

How climate action can help deliver EU energy security
– Governments can act now to accelerate the energy transition in Europe to both improve the continent’s long-term energy security... and reduce emissions.
Article

How a ‘materials transition’ can support the net-zero agenda
– As the energy transition continues, advances toward low-emissions materials and the circular economy can also speed progress to... net zero. Research on Europe shows the value in such a materials transition.
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How can individuals use their influence for positive change?
– Collaborative action across multiple sectors could help solve society’s most complex challenges.
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Scaling textile recycling in Europe—turning waste into value
– Fiber-to-fiber recycling at scale could be achieved by 2030, creating a new and sustainable circular industry in Europe.
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Playing offense on circularity can net European consumer goods companies €500 billion
– European consumer goods companies that adopt a circular business model view extending product life through repair, resale, refurbishment,... and recycling as an opportunity for growth rather than a threat.
Article

Safeguarding green steel in Europe: Facing the natural-gas challenge
– European steelmakers need to reconsider their decarbonization strategies because of rising natural-gas and electricity prices,... as well as potential limitations on the natural-gas supply.
Report

Carbon-neutral Hungary
– Hungary’s path to net zero depends on the its ability to take action in seven economic sectors.
Article - McKinsey Quarterly

The net-zero transition in the wake of the war in Ukraine: A detour, a derailment, or a different path?
– The invasion of Ukraine will, at least initially, complicate the transition path to a net-zero economy, but this tragic development... could still prove to be a turning point in accelerating progress in the medium run.
Article

Facing the future: Net zero and the UK electricity sector
– The United Kingdom’s Balanced Net Zero Pathway requires an unprecedented shift in the energy sector. Delivering on the aspirations... of this plan will call for significant action from all stakeholders.
Report

How the European Union could achieve net-zero emissions at net-zero cost
– The decarbonization pathways to a net-zero Europe are countless, but not all are cost optimal. We explore one pathway that could... reduce the EU’s emissions 55 percent by 2030 while delivering broad economic benefits.
Report - McKinsey Global Institute

Climate risk and response: Physical hazards and socioeconomic impacts
– How could Earth’s changing climate impact socioeconomic systems across the world in the next three decades? A yearlong, cross-disciplinary... research effort at McKinsey & Company provides some answers.
Article

Germany’s energy transition at a crossroads
– Germany has been a leader in the transition toward a low-carbon-energy system, but it will still miss most of its energy-transition... targets for 2020. Urgent action is needed to get back on track.

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