Climate policy challenges



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tarix26.09.2018
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Climate policy challenges

  • Climate policy challenges

  • Where does the EU stand now?

  • Roadmap 2050

    • Global analysis
    • EU analysis
  • Next steps















The first extensive global and EU analysis on how the long term target can be reached:

  • The first extensive global and EU analysis on how the long term target can be reached:

  • identifies cost-effective pathway, with intermediate milestones,

  • identifies key technologies guiding R&D,

  • identifies investments needs and benefits,

  • identifies opportunities and trade-offs,

  • guides EU, national and regional policies,

  • gives direction to private sector and private households for long term investments.



















Energy efficiency is the single most important contribution by 2050

  • Energy efficiency is the single most important contribution by 2050

  • Also essential in the short term

    • Climate and energy package: 20% GHG reduction, 20% renewables and 20% energy efficiency improvement
    • Current policies only result in 10% energy efficiency improvement
    • Roadmap confirms key role of efficiency up to 2020 and beyond
    • Efforts towards 20% efficiency target would deliver 25% GHG reduction
    • ETS is one instrument to deliver additional efficiency






Where will new jobs come from?

  • Where will new jobs come from?

    • Short term: e.g. in renovation of buildings, production of insulation materials, renewables industry
    • Potential net job creation up to 1.5 million by 2020
    • Use auctioning revenues from EU emissions trading system and tax revenues for reduction of labour costs and increase in investments and R&D
    • Long term job prospects depend on favourable economic framework conditions, e.g. expenditure on research & technology development, innovation, entrepreneurship, new skills, investment


All competitors develop their own low carbon strategies, e.g.

  • All competitors develop their own low carbon strategies, e.g.

  • US:

    • 1 million electric cars on road by 2015
    • 80% clean energy by 2035
  • China:

    • Two-year investment plan: +0.8% GDP on innovation, restructuring, energy conservation, emissions reductions and ecological improvement
    • 12th 5-year plan (2011-2015): reducing emissions per unit of GDP by 17%, accelerating R&D and use of low-carbon technologies, low-carbon pilot projects


Ensure the achievement of 20% energy efficiency target by 2020, and in this context use the role of the emissions trading system

  • Ensure the achievement of 20% energy efficiency target by 2020, and in this context use the role of the emissions trading system

  • Give clarity for long term investments, especially in ETS sectors

    • Define 2020 - 2030 policy framework
    • Upward review of 1.74% linear reduction to be considered to achieve -80% GHG emissions by 2050
    • Measures to protect vulnerable industries against carbon leakage in the case of fragmented action


Implement Strategic Energy Technology (SET) Plan (€ 50 billion from 2014-2020)

  • Implement Strategic Energy Technology (SET) Plan (€ 50 billion from 2014-2020)

  • Develop innovative financing instruments to use limited public finance to leverage private sector investments in the next EU budget, e.g. in cohesion policy

  • Use CAP to contribute to further emission reductions and increased absorption of natural sinks, taking into account the increased demand for agricultural and forestry products including for bio-energy



Negotiation of EU Multi-annual Financial Framework and detailed legislation for individual spending programmes.

  • Negotiation of EU Multi-annual Financial Framework and detailed legislation for individual spending programmes.

  • Further Commission analysis of cost efficient and equitable mix of individual policy instruments and implications for individual Member States.

  • Member States to develop long-term national and regional low emission development strategies.





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