(Bloomberg) — Europe’s rising to the challenge of meeting its international climate pledges may be a question of survival for the continent, German Chancellor Angela Merkel said on Thursday in Davos.In 2020, Europe and beyond faces a “decade of action,” Merkel said in a speech at the World Economic Forum, citing a comment from Secretary General Antonio Guterres of the United Nations. Fulfilling Paris Climate Accord pledges “may turn out to be a matter of survival,” said the German leader.Global leaders should listen to young voices that are campaigning for more trenchant policy to counteract global warming, said Merkel. The “impatience of young people” must be addressed, she said. “We are required to act accordingly,” said Merkel.Merkel is making climate policy a focus of her last full year in power as German leader. In the wake of mass protests over the past year, her administration in sought to kick start her stalled climate agenda with a series of measures to help get Germany on track to achieve a steep cut in carbon emissions.Germany, which is Europe’s biggest emitter of greenhouse gases, is lagging in meeting those targets. It aims to cut emissions 40% by this year compared with 1990 levels yet needs to close a big gap to get there.The moves include placing levies on transportation, investing heavily in railways and applying a timetable for power companies to exit coal. Yet critics say the measures are too little and too late, and that tax payers ought not to be paying billion-dollar compensations to utilities.To contact the reporters on this story: Raymond Colitt in Berlin at rcolitt@bloomberg.net;Brian Parkin in Berlin at bparkin@bloomberg.net;Arne Delfs in Berlin at adelfs@bloomberg.netTo contact the editor responsible for this story: Ben Sills at bsills@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.



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