CLIMA South seminar on LEDS, April 2015

EU Climate Action

Lucie BergerDG Climate actionEuropean Commission

Renewable energy saw rapid cost decreases Technologies are

gradually becoming competitive

EU's 2030 Framework for Climate and Energy (1): Europe's challenges & opportunities

EU contribution 2015 agreement

ReducingGreenhouse GasEmissions cost-effectively

Security of energysupplies

Competitiveenergy prices

and new growth and

jobs

EU's 2030 Framework for Climate and Energy (2): Why a new framework now?

Agreed headline targets2030 Framework for Climate and Energy

2020

2030

New governance system + indicators

-20 % GreenhouseGas Emissions

20% RenewableEnergy

20 % Energy

Efficiency

≤≤≤≤ - 40 % Greenhouse Gas

Emissions

≥≥≥≥27 % RenewableEnergy

≥≥≥≥ 27%*Energy

Efficiency

10 % Interconnection

15 % Interconnection

* To be reviewed by 2020, having in mind an EU level of 30%

Emission reductions in ETS and non-ETS

Europe is on its way to meeting its 2020 targets

Reduce greenhouse gas levels by 20%

Increase share of renewables to 20%

Reduce energyconsumption by 20%

Estimate in 2020:-24%

Estimate in 2020:21%

Estimate in 2020:-17%

State of play domestically: EU emissions going down…

Emission reductions (EU-28 and Iceland):• Total emissions

(without LULUCF) in 2012 are 21.7% below base year levels

• Projected to be around 24,5% below base year levels in 2020.

• Over the period 2008-2012, the average annual emissions are 18.8% below base year levels

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EU-28 +IS historic emissions EU-28 projections With Existing Measures

estimated overachievement compared to target 2013-20 Target for the 1st commitment period (2008–2012)

Target for the 2nd commitment period (2013–2020)

CP1 Kyoto

Mechanisms

CP1 C.sinks

4.2 GtCO2 eq

1.3 GtCO2 eq

5.5 GtCO2 eq

Potential

Overachievement CP2:

Total :

Potential

Overachievement CP1:

…with additional benefits

• Fuel savings: additional € 18 billion fuel per year next 2 decades• Energy security: additional 11% cut in energy imports in 2030• Innovation: jobs & growth• Health and air pollution benefits: €7-13.5 billion in 2030

Reductions vs 2005:

ETS -43%

Non ETS -30%

• Decoupling of Gross Domestic Product growth from Greenhouse Gas Emissions will continue