Representing the full value chain of the refrigeration, air-conditioning and heat pump sector (RACHP) in Europe, the signatories of this joint statement support the European Green Deal and its objectives to reduce greenhouse gas emissions by at least 55% by 2030 and to reach climate neutrality by 2050. Accounting for half of the total final energy consumption in Europe, the RACHP sector offers a large cost-effective potential to facilitate decarbonisation through energy efficiency improvements, the electrification of heating via heat pumps and by facilitating a more circular approach to energy, including the integration of renewables into the energy system.