The forthcoming EU budget post-2020 must serve higher climate ambition both in Europe and worldwide, catalyzing the zero-carbon transition of our societies, including the phasing out of fossil fuels towards 100% renewables and fully energy efficient economies.
The European Commission’s legislative proposals included in the ‘Clean Energy for All Europeans’ package published on 30 November 2016 are as a whole not consistent with the objectives of the Paris Agreement to keep temperature rise well below 2°C and pursue efforts to limit it to 1.5°C, which require the immediate overhaul of EU climate and energy policies.
The revision of the Renewable Energy Directive and of the electricity market design represents a great opportunity to foster the further development of renewable energy in the European Union for the decades to come and to make the market ‘fit for renewables’.
The Energy Efficiency Directive (EED) review represents a great opportunity to strengthen the Directive, building on lessons learnt from the implementation so far. The Directive provides a real added value to the European energy efficiency policy framework, as it helps create a level playing field among the Member States. An EED which leads to higher energy savings will offer even greater benefits to European citizens related to greenhouse gas emission reductions, job creation, lower energy bills and improved health.
The Commission proposal for a Regulation on the Governance of the Energy Union contains some positive elements. But in the absence of binding national targets for energy efficiency and renewable energy, the Commission proposal does not provide incentives for Members States to make appropriately ambitious pledges regarding their national contributions on renewable energy and energy efficiency. It also does not convincingly define what happens if the national contributions do not add up to the EU targets.
The proposed Regulation is unambitious and must be strengthened in several ways to ensure that the LULUCF sectors sufficiently contribute to achieving the European Union’s international commitments under the Paris Agreement.
In order to avoid the worst impacts of climate change and to align the EU’s targets with the Paris Agreement, ambition in the ESR sectors must be raised considerably. CAN Europe calls for a reduction target of at least 47% in non-ETS sectors by 2030.
With over 60% of EU’s renewable energy coming from bioenergy (only partly subject to sustainability criteria and greenhouse gas accounting), the Renewable Energy Directive has only partially helped achieving the EU’s energy and climate goals. Without appropriate planning and safeguards, some large-scale renewable energy deployment has also caused negative environmental impacts.
CAN Europe ETS reform position for post-2020 contains detailed recommendations on the following topics:
The gap between the need for adaptation and loss and damage finance, and the current finance provided or committed is large and growing. This briefing paper identifies a number of potential new sources of climate finance. Some of these “new” sources of finance have been under discussion for a number of years, including by the High Level Advisory Group on Finance, the Leading Group on Innovative Finance and others.