Veolia Commits €4 Billion Investment by 2030 to Accelerate Local Decarbonizing Energy Development

Veolia Commits €4 Billion Investment by 2030 to Accelerate Local Decarbonizing Energy Development

Veolia, a global leader for ecological transformation, is making a €4 billion investment by 2030 to accelerate local decarbonizing energy development. Veolia is particularly well positioned to be a major player in the local decarbonization energy, and to tap into the potential of over 400GW of unused local energy reserves. More specifically, this new resources reflects the untapped bioenergy, waste heat and cooling, efficiency gains and expansion in district heating networks, as well as energy efficiency in buildings and industries. The company aims to increase bioenergy and renewables capacity by 50%, expand district heating and cooling networks, provide energy efficiency services to buildings and industries, and decrease scope 4 emissions by 50%. 

Veolia's CEO, Estelle Brachlianoff, emphasizes the importance of taking global action on a local scale(cities & industrial sites) to meet ambitious decarbonization targets and drive the transition to sustainable energy solutions.

Read the press release: https://www.veolia.com/en/our-media/press-releases/veolia-accelerates-local-decarbonizing-energy-development-eu4-billion-investment-2030