Smog reduction could save European citizens €183 bn by 2025, InnoEnergy and Deloitte find. New research launched by InnoEnergy, Europe’s sustainable energy engine supported by the EIT, reveals that EU citizens are set to pocket €183 bn by adopting innovative smog-reduction technologies over the next seven years.
The report, entitled Clean Air Challenge and produced in conjunction with Deloitte, comes in response to the European Commission’s findings that smog may account for as many as 1 in every 10 premature deaths in the world, and will cost the EU an astonishing €475bn between 2018 and 2025. That represents 2.9 percent of average annual GDP.
Launched at an exclusive event with leading politicians and policymakers in Brussels, the report takes an in-depth look at the issue of air quality across the continent – highlighting concrete, innovative transport, and heating solutions to protect European citizens from pollution and its impact on health.