The EUs 2020 targets include reducing greenhouse gas emissions by 20% compared to 1990 levels.
Reports by the European Environment Agency (EEA) Trends and Projections in Europe 2016: Tracking progress towards Europe climate and energy targets and Approximated EU greenhouse gas inventory: Proxy GHG emission estimates for 2015 show that EU emissions in both 2014 and 2015 were reduced by more than 20% compared to 1990 levels.
Preliminary greenhouse emission estimates indicate a 0.7% increase expected for 2015. This follows an exceptional 4% reduction the previous year, which was due to a particularly warm winter. Emissions from industries in the EU Emissions Trading System (ETS) continued to decrease in 2015. On the other hand, emissions not included in the ETS increased. In particular, transport emissions increased for the second year in a row.
‘This years report shows that despite the small increase in emissions in 2015, the EU remains fully on track toward its 2020 climate targets,’ said Hans Bruyninckx, EEA executive director. ‘This progress forms a strong basis for implementing the Paris Agreement, which has just come into force. Nevertheless, achieving the more ambitious longer-term goals for 2030 and 2050 will require more sweeping changes and a transition to a low-carbon economy.’
The latest national projections available from EU member states indicate that by 2020, EU greenhouse gas emissions will remain well below the 2020 target. Progress of individual members toward their individual targets is more nuanced, however. These targets cover emissions from sectors which are not included in the EU ETS. In 2014, all member states, except Malta, met their annual targets. Estimates indicate a similar situation occurred in 2015.
A total of 23 project that their greenhouse gas emissions will be below their national targets in 2020 with the current set of policies and measures in place. The five remaining member states (Austria, Belgium, Denmark, Ireland and Luxembourg) will have to implement additional measures to reach their targets. Theycan also use flexibility mechanisms which allow them to transfer emission credits from one year to another or between members.
While projections show further decreases in EU greenhouse gas emissions beyond 2020, the pace of these reductions will slow down. Planned reductions will only bring EU emissions between 26% and 29% below 1990 levels by 2030. This falls short of the EUs 40% reduction target for 2030.
However, the agreed reform of ETS and recent policy proposals being discussed in the EU have not yet been taken into account in projections. These proposals include new annual binding greenhouse gas emission targets from 2021-2030, integration of the land use and forestry sector into the 2030 policy framework and a European strategy to cut emissions from the transport sector. Additional proposals to address energy efficiency and to further develop renewable energy are also expected.
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