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2030 Framework for Climate and Energy Policies
30 October 2014

EUcomm_cutOn October 23, 2014, EU leaders met in Brussel and agreed the domestic 2030 greenhouse gas reduction target of at least 40% compared to 1990 together with the other main principles of the 2030 policy framework for climate and energy, with the aim to make the European Union's economy and energy system more competitive, secure and sustainable.

The core of the framework is the binding target to reduce EU domestic greenhouse gas emissions by at least 40% below the 1990 level by 2030. This target will ensure that the EU is on the cost-effective track towards meeting its objective of cutting emissions by at least 80% by 2050. By setting its target for 2030, the EU will also be able to engage actively in next year's negotiations in Paris over a new international climate agreement, that should take effect in 2020.

In addition to the greenhouse gas target, the objectives for two other key sectors were agreed. Two 27% targets were set for the renewable energy market share and for the increase in energy efficiency. The former would be binding only on the EU as a whole. The latter would be optional, although it could be raised to 30% by a review in 2020.

Finally the 2030 framework proposed a new governance framework based on national plans for competitive, secure and sustainable energy as well as a set of key indicators to assess progress over time.

More information on the European commission website

 

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