The world is witnessing an unprecedented environmental decline with more frequentextreme weather events and rapidly growing biodiversity loss. This happens at atime when Europe’s power system is experiencing a dramatic transformation to reachthe EU’s decarbonisation targets of doubling renewables capacity by 2030 anddominating the grid mix. While raising the bar of our decarbonisation efforts, thereis a global ambition to ensure biodiversity is restored and adequately protected by2050.