2030 climate and energy targets

The European Union (EU) has a target to reduce emissions by at least 40 per cent by 2030. This is an economy-wide target and therefore includes the Land Use, Land Use Change and Forestry (LULUCF) sector. The EU recently consulted stakeholders on how to integrate LULUCF into the EU’s 2030 Climate and Energy Framework.In the impact assessment prepared for the 2030 Climate and Energy Framework, the European Commission identified three principal options for future policy design.  These three options form the basis of the options the EU is consulting on:

The United Nations Climate Change Conference, COP21 or CMP11 will be held in Paris, France in 2015. The international climate conference will be held at the Le Bourget site from 30th November 2015 until the 11th December 2015.  This will be the 21st yearly session of the Conference of the Parties (COP 21) to the 1992 United Nations Framework Convention on Climate Change (UNFCCC) and the 11th session of the Meeting of the Parties (CMP 11) to the 1997 Kyoto Protocol.

2030 energy interconnection objectives are likely to be given specific targets under the 2030 framework for climate and energy policies alongside greenhouse gas reduction, the promotion of renewables and increasing energy efficiency. Heads of State have committed to securing a final set of 2030 climate and energy by October 2014 at the latest. The decision is a boost to Southern European Members States who find themselves out on a limb from Europe’s core energy network in the north.

In the past month indications of how 2030 Climate and Energy package will look have surfaced. The 2030 package will set out targets to succeed the 20-20-20 targets. A leaked impact assessment has shown that the Commission is currently considering six carbon reduction scenarios ranging from 35% to 45%, supported by renewable energy goals of 25-35%.

The European Union’s executive, the European Commission has published its 2014 work programme and priorities. The Commission has placed promoting growth and jobs at the heart of the programme. It has argued initiatives proposed at European level should support economic recovery and job creation and tackle the social consequences of the financial crisis. The Commission also stresses that Europe’s challenges also go beyond the economy and that EU action is needed to promote environmental standards.