- Austria’s new government, which assumed office in January 2020, is committed to achieving carbon neutrality by 2040 at the latest – 10 years earlier than the ambition set by the European Union. This will require Austria to substantially enhance decarbonisation efforts across all energy As in many other countries, decarbonising heat and
transport is challenging. In fact, Austria’s emissions growth since 2014 is largely driven by the increase in final energy consumption in the buildings and transport sectors. Austria has impressive capacities for innovation and is an international best practice case in terms of leveraging public and private funding in this area. https://www.iea.org/reports/austria-2020.
