This document is an excerpt from the EUR-Lex website
Moving towards a low-carbon economy in 2050
WHAT IS THE AIM OF THIS COMMUNICATION?
The European Commission’s analysis suggests that the most cost-effective way of reaching the overall target is to reduce domestic emissions by 40 % and 60 % for 2030 and 2040 respectively, from 1990 levels.
All sectors will have to contribute to the low-carbon transition and the 2050 roadmap sets out the contributions of different sectors:
Achieving these targets will require major public and private investment over the next four decades. The communication estimates this could amount to an additional investment for the whole EU of around €270 billion annually, or 1.5 % of EU GDP.
However, the potential benefits, in addition to tackling climate change and using resources more efficiently are immense. The package of measures could:
To keep global climate change below 2 oC — the internationally agreed target to prevent the catastrophic consequences of global warming — the EU is aiming to reduce greenhouse gas emissions by 80–95 % by 2050 compared to 1990 levels.
For more information, see:
Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions — A Roadmap for moving to a competitive low carbon economy in 2050 (COM(2011) 112 final, 8.3.2011)
last update 03.08.2016