Yes, it might be too late by then, but at least there is action - see https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en. It covers industry, agriculture, transport, research, finance and development, though it's not clear that that last includes the massive footprint of building, which increasingly involves the highly unsustainable demolition of existing structures and lots of concrete for the replacements.