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Europe will intensify the implementation of low-carbon programs in paper industry

Europe will intensify the implementation of low-carbon programs in paper industry

 

Recently, the European Association of Paper Industry (CEPI, The Confederation of EuropanPaperIndustry) for the first time released the evaluation report of European low-carbon plan report for paper industry, and the report shows that by 2050, the carbon emissions of European pulp and paper industry will fall 80 %, compared to 2011. While the added value of the industry will increase by 50%.

 

Since 2011, the European CEPI has been trying to lead the healthy development of the industry in the future. The Low Carbon Program Report of European Paper Industry was first released by the European CEPI in 2011, and the investment has been growing in the low carbon and value-added industries since the beginning of 2011. And what about the specific effect now?

 

In order to more intuitively show the achievements of European paper industry in respects of low-carbon and value-added in recent years, the European CEPI continued to release the first low-carbon plan assessment report of European paper industry in early 2017. The report said that since 2011, the first release of the outlook report, the paper industry has invested 15 billion euros (about $109 billion 140 million) to europe. There are some achievements on the reduction of carbon emissions, and the industry is also actively investing in strengthening biomass refining, making the added value of the industry significantly improved.

 

The report also shows that the transformation of the European paper industry is still the main mission for decades in the near further. At present, this industry needs to achieve low-carbon environmental protection and economic restructuring. The report mentions that in order to reduce the carbon emissions of the European paper industry by 80%, an additional € 44bn ($ 320.15bn) investment will be required for the sector. It is reported that the amount of investment on the basis of the existing investment funds will be increased by 40%.

 

With the completion of the new investment it is expected to 2050 when the European paper industry will be able to achieve transformation, not only the value-added can be increased by more than 50%, but also low-carbon environmental protection can be achieved. It is said that 24 billion in the 44 billion euro investment funds in euros (about 174 billion 630 million yuan) will be used to study ways to reduce carbon emissions in the European paper industry, another 20 billion euros (about 145 billion 520 million yuan) will be used to promote the new low-carbon and environmental protection products.

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