Smog reduction could save Europeans €183bn by 2025

Radical new research launched by InnoEnergy, Europe’s sustainable energy engine supported by the EIT, revealed that EU citizens are set to pocket €183bn 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 one in every 10 premature deaths in the world, and will cost the EU an astonishing €475bn between 2018 and 2025. That represents 2.9 per cent 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. Speaking at the event, Jerzy Buzek, Chair of the European Parliament Industry, Research and Energy Committee and former European Parliament president, said: “Smog is one of the most critical public health concerns of the century, accounting for as many as one in every ten premature deaths in the world and over...