Continuous support for corporate sourcing of renewable energy, and establishing minimum mandatory green public procurement criteria and targets in relation to renewable energy may also be needed. At the same time, emissions trading raises revenues that can be re-invested in the economy leading to better overall economic outcomes. Its Just Transition Fund (the first pillar of the Just Transition Mechanism) addresses head on the acceleration of the transition in coal, peat, oil shale and carbon-intensive regions. The EU aims to become climate-neutral (net zero greenhouse gas emissions) by 2050. Finally, science indicates that climate risks are firmly on the downside. By 2030, this has to increase to around 24% through further development and deployment of electric vehicles, advanced biofuels and other renewable and low carbon fuels as part of a holistic and integrated approach. This would benefit from the detailed analysis and elaboration of policies implementing the biodiversity and forestry strategies, which in principle will drive some of the additional actions reducing emissions in the sector. We must therefore devise policies, earmark budgets, and propose different and innovative ways to organise the greening of houses and mobility, whilst helping vulnerable social groups. In addition, the forthcoming Sustainable Product Legislative initiative announced in the Circular Economy Action. The Commission sees important benefits in expanding the use of emissions trading in the EU, to deliver in an economically efficient manner an increased climate ambition of 55% greenhouse gas emissions reductions. This will be the starting point for a smooth pathway for the EU to become climate-neutral by 2050. The upcoming revision of the Alternative Fuels Infrastructure Directive is a key initiative in this regard. Achievement of a more ambitious energy efficiency target and closure of the collective ambition gap of the national energy efficiency contributions in the NECPs will require actions on a variety of fronts, largely through the legislative policy initiatives already announced by the European Green Deal for June 2021. The Impact Assessment estimates that, if implemented swiftly in the coming years, this could already reverse the current trend of a diminishing EU land carbon sink by 2030, increasing it again to levels above 300 million tons CO, Updating the 2030 Climate and Energy policy framework. Many pieces of the regulatory, policy and governance puzzle are yet to be developed; their consequences cannot be taken for granted. We must combine recovery spending with ambitious climate action to avoid wasted money and stranded assets, leading to additional resource needs later on. This will be the starting point for a smooth pathway for the EU to become climate-neutral by 2050. The EU will continue to foster multilateral rule-based cooperation, using its green, climate and energy diplomacy – and the full spectrum of its external policy instruments to enhance the ambition level of its partners, and in particular the largest and upcoming emitters, and accelerate the global transition to climate neutrality. This would correspond to a range of 39.2%- 40.6% in terms of primary energy consumption. Over and beyond the contribution from the building sector, other efforts will be needed to achieve a more ambitious energy efficiency target. Agriculture, Land Use, Land Use Change and Forestry sector. Renovating Europe’s buildings not only lowers energy bills and greenhouse gas emissions, but it also improves living conditions and creates local jobs. This sink needs to be maintained and even enhanced to balance any remaining emissions in the economy with carbon dioxide removals and to achieve net zero GHG emissions by 2050. The transition to climate neutrality requires a competitive, secure and sustainable energy system and a robust internal market framework. In addition, the forthcoming Sustainable Product Legislative initiative announced in the Circular Economy Action In this context, the Commission will present dedicated guidelines in the first quarter of 2021. For aviation, the application of the EU ETS is currently suspended in relation to flights to countries outside the European Economic Area to allow for the development of corresponding international instruments. The 2030 Climate Target Plan marks a significant step forward in the EU’s ambition, with the expansion of the ETS to all fossil fuel use expected to complement targeted actions in the buildings, transport and land use sectors. Hence, the Commission is looking into the options for setting up an effective carbon border adjustment mechanism, compliant with World Trade Organization rules. The EU will seek mutually beneficial alliances and ensure an international level playing field around new sustainable technologies, such as renewable hydrogen, advanced solar and wind, batteries, and carbon capture, as well as around critical raw materials for these technologies, such as rare earths. Sectoral ambitions will be set in light of the 55% economy wide greenhouse gas emissions reduction target. The European Commission is raising its targets for decarbonisation in the EU by 2030 through the implementation of the Climate Target Plan (CTP). Promoted content. Plans for more stringent passenger car emission rules and the inclusion of emissions from the land use and forestry sector in reaching the target are particularly seen with reservations. On average, including all extra EU navigation and aviation emissions, i.e. A fuel policy coherent with the overall climate and energy policy will be essential for those sectors with hard to abate emissions, be it to produce biogas and biofuels or hydrogen or e-fuels. There’s good news and bad news about Canada’s 2030 climate target. the Renewable Energy Directive, the Fuel Quality Directive and the upcoming initiatives promoting sustainable aviation and maritime fuels. This means using the EU’s strategic partnerships, external financing, trade and other cooperation platforms including through the deployment of international environmental standards and promotion of clean technologies through trade. 26 To kick-start this and facilitate the development of appropriate supply and demand based support for zero or very low-carbon technologies and create markets for low-carbon products, EU certification systems based on the greenhouse gas performance for low-carbon basic materials and for carbon removals should be developed. Covering all emissions of fossil fuel combustion and integrating them in the EU ETS would present important benefits in terms of effectiveness and administrative feasibility. The Impact Assessment identifies a range of 35.5 % - 36.7 depending on the overall design of policy measures underpinning the new 2030 target. 16 Energy legislation and policies are also essential instruments contributing to the achievement of this target with the 2030 EU binding targets of at least 32% of renewable energy sources in the EU’s energy mix and at least 32.5% energy efficiency. The Sustainable Europe Investment Plan aims at boosting sustainable investments. The Impact Assessment indicates that to reach the overall climate neutrality target in 2050, nearly all cars on the roads must be zero emissions by that time. The 2030 Climate Target Plan marks the beginning of an era of radical regulation. An EU carbon farming initiative under the Climate Pact will demonstrate and promote such new business models. New buildings today consume only half as much as typical buildings from the 1980s. 15 2030 Climate Target Plan. Pressure on natural resources, general uncertainty around global developments, and the growing climate concerns of the global population will increase pressure on all governments to act swiftly. 22 However, it is clear that, while current energy targets should allow us to surpass our current greenhouse gas emissions reduction target, this would not be sufficient to achieve a 55% greenhouse gas emissions reduction target. In particular, targeted support for energy efficiency investments of lower-income households and for social housing will be needed. The communication outlines sectoral targets and approaches, as well as the regulatory revisions and new initiatives needed in the climate and energy policy framework. The Commission will look into capacity building schemes to implement citizen-driven renewable energy communities financed by the EU and self-consumption models enabling higher consumer uptake and faster development of decentralised renewable energy technologies. Renewable energy, energy efficiency and transport policies and standards will be revised and, where needed, new policies will be introduced. In this context, the Commission will present dedicated guidelines in the first quarter of 2021. . A comprehensive set of notably transport and other sectoral policies also contribute to the achievement of the target. The direction should be to increase the use of sustainably produced biomass and minimise the use of whole trees and food and feed-based crops to produce energy. by 2030 would be around 45% compared to 1990 levels when excluding land use emissions and absorptions, and around 47% when including land use. This is a substantial increase compared to the existing target upwards from the previous target of at least 40%. announced a commitment to make data centres climate-neutral by 2030, with actions to be put in place in 2021 to 2022. 2030 Climate Target Plan — EUbusiness.com | EU news, business and politics The European Commission presented on 17 September its plan to reduce EU greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. This would require a novel policy approach that would (i) set national and sub-sectoral targets and benchmarks, (ii) create flexibility across the EU ensuring cost-effective incentives and mobilise the necessary financial resources, as well as (iii) develop the certification of carbon removals. Considering the need to maintain strong incentives and accountability for Member States to ensure action at national level, the Commission will use the upcoming impact assessment for both the review of the Emissions Trading System and the Effort Sharing Regulation to further consult the public on the role of the Effort Sharing Regulation and the related Governance Regulation. The initiative will also assess: 13 The EU should continue leading by example, but it must also use its leverage to promote a global change in economic incentives in support of the low-carbon transition taking into account changing geopolitical and geoeconomic realities. 0
This update to Scotland's 2018-2032 Climate Change Plan sets out the Scottish Government's pathway to our new and ambitious targets set by the Climate Change Act 2019. For aviation, the Commission will propose to reduce the free allocation of allowances, increasing the effectiveness of the carbon price signal in this sector, while taking into account other policy measures such as energy taxation and the ReFuelEU initiatives. The EU’s position as the world’s largest trading block provides significant opportunities in this respect. Plan will look into widening the Ecodesign approach to other product categories. Over the course of the coming nine months, the Commission will review its key climate and energy legislation. The private sector should play an important role and EU leadership on sustainable finance, in particular through the EU taxonomy as a tool to help investors in the transition to a low-carbon, resilient and resource-efficient economy as well as through the International Platform on Sustainable Finance with our international partners will be instrumental. In this context, the EU land use sector is of particular importance, given that it presently provides for the largest source of net removals of CO. from the atmosphere that humans can impact. . 14 All official European Union website addresses are in the europa.eu domain.. See all EU institutions and bodies Preparing a more ambitious EU strategy on adaptation to climate change will be essential for all sectors, as climate change will continue to create increasing stress on the Europe economic and social fabric, in spite of the mitigation efforts. As an advanced economy, with a proven track record in successful implementation of ambitious climate policy, the EU has the possibility – as well as the moral obligation – to influence global greenhouse gas emissions trends and increase resource efficiency, within and beyond the international climate negotiations. . 722 0 obj
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In relation to food and agriculture, the Impact Assessment shows that by 2030 emissions reductions stemming from changing consumer choices towards healthy diets could be of the same order of magnitude as technical options available to reduce emissions in the sector. However, to allow industry to truly decarbonise after 2030, zero or very low carbon technologies and business concepts, including system integration, access to sustainable resources and increased circularity, medium and high heat electrification, hydrogen and carbon capture, utilisation and storage, will need to be developed and tested at scale in this decade. As set out in the Communication on an EU-wide assessment of National Energy and Climate Plans Here it is necessary to consider the other two changes in the climate policy architecture proposed by the Commission in its 2030 Climate Target Plan. gas used to produce electricity). It guarantees environmental integrity in the form of the emissions cap and provides a strong price signal, that influences daily operational and strategic investment decisions. Therefore, it will be more credible, more prudent and fairer with respect to future generations. today, adding a 2030 target of at least 55% net greenhouse gas emissions reductions compared to 1990. . Britain still has not set out a plan on how will meet its climate target of net zero emissions by 2050, almost two years after setting the goal in law, a parliamentary watchdog said on Friday. The EU 2030 climate target is tomorrow. A binding target to cut emissions in the EU by at least 40% below 1990 levels by 2030. To go further, relevant legislation will be reinforced and supported by the forthcoming Commission initiatives on a Renovation Wave, an Offshore Energy strategy, alternative fuels for aviation and maritime as well as a Sustainable and Smart Mobility Strategy. Secure access to batteries will be critical to rolling out electric vehicles, while clean hydrogen will be crucial for decarbonising heavy-duty transport and, through its derivatives, in the aviation and maritime sector. The Climate Change (Emissions Reduction Targets) (Scotland) Act 2019 received Royal Assent on 31 October 2019. The Commission invites the European Parliament and the Council to swiftly reach agreement on and adopt the European Climate Law Regulation. In the light of progress at global level, the Commission will give fresh political consideration to the international aspects of the EU ETS, taxation and fuel policies for aviation and maritime to ensure the gradual decarbonisation of all fuel use from transport relating to the EU with the ambition to include international emissions from aviation and navigation into the EU ETS. Renewables will need to be deployed at larger scale to contribute to the higher climate ambition and to promote the Union’s industrial leadership on renewable technologies. International cooperation on maritime transport and aviation is desirable. Equally important, enhancing ambition will deliver very important benefits alongside the fight against climate change, like a reduced fossil fuel import bill, higher energy security, reduced air pollution, better health, improved biodiversity, lower dependence on imported raw materials, and less hazards from waste. emissions of methane, nitrous oxide and so-called F-gases represent almost 20% of the EU’s greenhouse gas emissions. . The forthcoming Zero Pollution Action Plan for air, water and soil will look at how to further address pollution from large industrial installations fully consistent with climate, energy, as well as circular economy policies. The EU’s Digital Strategy supports digital technologies that can help achieve climate-neutrality across all sectors of the EU economy, and aims at greening the ICT sector itself. Combined, this would result in around 41% greenhouse gas emissions reductions (excluding land use emissions and absorptions) by 2030 for the EU, The Commission sees important benefits in expanding the use of emissions trading in the EU, to deliver in an economically efficient manner an increased climate ambition of 55% greenhouse gas emissions reductions.
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