ABSTRACT
A complex interplay of different energy scales involving Coulomb repulsion, spin-orbit coupling, and Hund's coupling energy in 2D van der Waals (vdW) material produces a novel emerging physical state. For instance, ferromagnetism in vdW charge transfer insulator CrGeTe_{3} provides a promising platform to simultaneously manipulate the magnetic and electrical properties for potential device implementation using few nanometers thick materials. Here, we show a continuous tuning of magnetic and electrical properties of a CrGeTe_{3} single crystal using pressure. With application of pressure, CrGeTe_{3} transforms from a ferromagnetic insulator with Curie temperature T_{C}â¼66 K at ambient condition to a correlated 2D Fermi metal with T_{C} exceeding â¼250 K. Notably, absence of an accompanying structural distortion across the insulator-metal transition (IMT) suggests that the pressure induced modification of electronic ground states is driven by electronic correlation furnishing a rare example of bandwidth-controlled IMT in a vdW material.