This document is an excerpt from the EUR-Lex website
Reducing greenhouse gases: a roadmap for 2050
The Commission presents the key steps aimed at reducing greenhouse gas emissions in the European Union by 2050. A cost-effective and gradual transition towards a low carbon economy should take place through energy efficiency, innovation and an increase in investments.
ACT
Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions of 8 March 2011 – A Roadmap for moving to a competitive low carbon economy in 2050 [COM(2011) 112 final – Not published in the Official Journal].
SUMMARY
The European Union (EU) is adopting a roadmap for the gradual reduction of greenhouse gases (GHG). The EU is to become a competitive low carbon economy.
The EU is therefore committed to:
Moreover, the EU should prepare for reductions in its domestic GHG emissions by 40 % by 2030, and by 80 % by 2050. These emission levels are calculated with respect to 1990 levels.
Innovating to improve energy efficiency
This roadmap must be accompanied by sectoral strategies fostering technological innovation. Such sectoral strategies should concern, in particular:
Investing in a low carbon future
The development of low carbon energy sources must be based on sustainable and diversified financial investments. An increase in capital should enable the following to take place:
International cooperation
Scientific knowledge establishes that a reduction in global GHG emissions of 50 % by 2050 may avoid a temperature increase of 2° C.
The EU, whose emissions represent approximately 10 % of global GHG, therefore undertakes to intensify its bilateral and multilateral cooperation to promote the tackling of climate change. Its action should in particular contribute to innovation, energy security and competitiveness in the key sectors of growth and development.
Context
This roadmap takes into account the objectives of the SET-Plan for the development of low carbon technologies, and the EU emission allowance trading scheme (ETS).
The roadmap is also in line with the strategy for new skills and employment and the Flagship Initiative for the efficient use of resources under the Europe 2020 Agenda.
Last updated: 29.04.2011