1. Climate Action Meeting the EU’s Kyoto commitments & Avoiding a gap after 2012 Doha, 27 November 2012 Paolo CARIDI Policy Coordinator DG Climate Action European Commission

2. Climate Action Outline 2008-2012: Achieving the EU’s Kyoto targets 2013 - 2020: The EU’s Climate & Energy Package Beyond 2020: EU Roadmap 2050

3. Climate Action Achieving the EU’s Kyoto targets (1): EU-15 Actual and projected emissions of EU-15, in MtCO 2 -eq.  EU-15 currently over- achieve 2008-2012 Kyoto target of 8% emissions reductions  In 2010, EU-15 GHG emissions are 11% below the base-year level.  Provisional 2011 data show -14% reduction in EU-15 GHG emissions

4. Climate Action Achieving the EU’s Kyoto targets (2): EU-27  In 2010, EU-27 GHG emissions are 15% below the base-year level  Despite a slight increase of GHG emissions in 2010 compared to 2009 of 2.4%, there is a decreasing trend since 2004  Provisional 2011 data show: EU-27 -18% reduction Actual and projected emissions of EU-27, in MtCO 2 -eq.

5. Climate Action Achieving the EU’s Kyoto targets (3): Member State by Member State Including additional measures, Kyoto mechanisms and carbon sinks, almost all member states achieve their targets, and many overachieve their Kyoto targets

6. Climate Action Achieving the EU’s Kyoto targets (4): GHG emissions by sector  Significant emissions reductions in all sectors except transport  BUT: EU legislation will reduce CO 2 emissions of new passenger cars and new light commercial vehicles  BUT: Intra-EU aviation emissions included in EU ETS since 2012

7. Climate Action Achieving the EU’s Kyoto targets (5): Decoupling of GDP Growth and Emissions Evolution of EU-27 GDP, GHG emissions and emission intensity, 1990 = 100  Decoupling of economic growth from GHG emissions has been progressing steadily  Between 1990 and 2010, EU-27 GDP grew by 46 % while emissions decreased by 15 %  Between 1990 and 2010 GHG intensity decreased in all MS

8. Climate Action EU Climate & Energy Package (1): Enacted legislation for 2013-2020  Reach -20% GHG emission reductions by 2020  Conditional step-up to -30%  EU Emission Trading System as core instrument  Increase share of renewable energy to 20% by 2020  Improve energy efficiency by 20% by 2020

9. Climate Action GHG Target in 2020: -20% compared to 1990 Non ETS sectors (transport, buildings, waste, agriculture) -10% compared to 2005 -14% compared to 2005 EU Emissions Trading System (ETS) -21% compared to 2005 27 Member State targets stretching from -20% to +20% EU Climate & Energy Package (2): Structure

10. Climate Action EU Climate & Energy Package (3): The ETS Auctioning: mainly for the power sector, use of auctioning revenue (eg NER 300) Benchmarking to avoid carbon leakage in industries at risk Registries Inclusion of aviation Address market imbalance. CO 2 (Energy production, refineries, industry (steel, cement etc.), Aviation); N 2 O (fertilizer)

11. Climate Action EU Climate & Energy Package (4): Sectors outside the ETS Implement national targets (Effort Sharing Decision) Emission performance standards for cars and light duty vehicles for 2020 Common accounting for land use, land use change and forestry Recast of F-gases regulation Transport White Paper Energy Efficiency Directive CO 2 (Households, Services, Transport), CH 4 (Waste, Agriculture), N 2 O (Agriculture)

12. Climate Action Almost all EU Member States are projected to reach or exceed their non-EU ETS emissions reduction targets The EU-27 as a whole are projected to exceed the reduction target, both with and without additional measures Projected gap to 2020 targets for non-ETS sectors. Negative and positive values respectively indicate overachievement and shortfall from emissions targets. EU Climate & Energy Package (5): Tracking progress

13. Climate Action EU Climate & Energy Package (6): Energy Efficiency Target Diverse set of policies and measures, e.g.  CO2&cars: 130g/km in 2015, 95g/km in 2020  Energy efficiency standards: light bulbs, appliances, electric motors…  Energy labelling: domestic appliances  Buildings Directive  Energy Efficiency Directive (July 2012) Challenges ahead  Finance: renovation of buildings – link with EU budget  Structural changes: e.g. urban planning, modal shift  System changes: e.g. electrification NEW

14. Climate Action EU Climate & Energy Package (7): Evolution of emissions performance of new cars until 2020 2015 CO2 emissions target for new cars 2020 CO2 emissions target for new cars Regulation 443/2009 setting emission performance standards for new passenger cars to reduce CO2 emissions

15. Climate Action EU Climate & Energy Package (8): Member States’ Renewables Targets  National policies, e.g. Feed-in tariffs, green certificates  Accelerated deployment – strong impact on investments patterns  Reduces greenhouse gas emission  Drives down costs of key technologies (PV, wind)  Reduces dependency on imported fuels 2020 national target2009 performance EU

16. Climate Action EU Roadmap 2050: The international context  Globally halving emissions by 2050 compared to 1990  EU objective of reducing greenhouse gas emissions by 80-95% by 2050 compared to 1990, in the context of necessary reductions by developed countries  Need for a low carbon 2050 strategy as framework for longer term action  Need to fix intermediary stages towards reaching the 2050 objective  Need to keep developments under review on a regular basis

17. Climate Action EU Roadmap 2050 (2): A cost-efficient pathway Efficient pathway: -25% in 2020 -40% in 2030 -60% in 2040 80% domestic reduction in 2050 feasible with currently available technologies If all economic sectors contribute

18. Climate Action EU Roadmap 2050 (3): Stimulating growth and creating jobs Shifting fuel expenditure to clean investments Innovation in key growth sectors crucial for future competitiveness Potential net job creation up to 1.5 million by 2020 GDP more secure from energy price shocks

19. Climate Action Conclusions  EU will overachieve on its Kyoto targets 2008- 2012  With continuous implementation efforts, EU will be on track to its 2013-2020 targets; and EU already makes efforts to go further  EU also started exploring cost efficient low emission opportunities beyond 2020 with Roadmap 2050

20. Climate Action Thank you for your attention! http://ec.europa.eu/clima/policies/brief/eu/index_en.htm