Portuguese prime minister António Costa boasts that Portugal was the first country to declare it will be carbon neutral by 2050, and according to Eco, the country appears to be on track.
In fact, the net-zero goal may be reached before 2050, according to a recent study by McKinsey & Company in collaboration with BCSD Portugal. But it will require the country to speed up its decarbonization process by 20% and an annual investment equivalent to 7% of the country’s GDP