The EU's ambition is to achieve climate neutrality by 2050, aiming for an economy with net-zero greenhouse gas emissions. This goal is central to the European Green Deal and aligns with the EU's commitment to global climate action as agreed on the Paris Agreement. 

Businesses, including SMEs, will play a crucial role in meeting this ambitious target. For a business, attaining net-zero emissions entails ensuring that its activities throughout the value chain have no overall impact on the climate from greenhouse gas emissions. Enhancing the credibility of net-zero emission targets and advancing toward them involves developing action plans, establishing interim objectives, issuing annual reports, and providing clarity on the emission scopes covered.

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