Today, the European Commission has presented an outline of its European Green Deal. According to the proposed timeline, the EU’s increased 2030 climate target - the flagship initiative of the package - will be presented by summer 2020. This timeline will require Member States to agree on a much higher 2030 target at the European Council in June 2020, which will be key to enable the EU to lead the way towards bold climate ambition internationally.
According to the Climate Change Performance Index 2020 (CCPI), published today at the climate summit COP25, the EU lost six ranks due to its failure to increase its 2030 climate target.
Today, the Coalition for Higher Ambition, a unique gathering of businesses, investor groups, trade unions, local and regional authorities, and NGOs published a statement to urge the Commission to come forward with a proposal to increase the EU’s climate target to at least -55% of GHG emissions reductions by 2030 compared to 1990 levels within the first 100 days of their mandate. It is the first time that this broad group of stakeholders take a joint position on the EU’s 2030 target and its revision timeline.
On 3 December, the European Parliament and the Council have submitted their responses on the appeal of the legal action challenging the EU’s 2030 climate target. Despite the political momentum in the EU to increase the 2030 climate target, both institutions argue that the families and the Sami youth who are affected by the climate crisis shouldn’t be heard in European courts. Now, plaintiffs will write the Court to request permission to answer the EU Institutions.
Under the Paris Agreement, all countries are required to update their 2030 climate pledges next year, latest by the UN Climate Conference, COP26 which is taking place in Glasgow in November 2020. Current pledges, including the EU’s shockingly low -40% emission reduction target for 2030, will – if fully implemented – lead to a world 3.2°C warmer than pre-industrial levels, according to the recent UNEP Emissions Gap Report.
Plans by Bosnia and Herzegovina to push forward with ill-conceived Tuzla 7 coal-fired thermal power plant project received a surprising boost this week with the announcement of financing for the project being made available by banking consortium led by Slovenia’s NLB Bank (1).
Today, EU energy ministers have discussed sector integration as well as the state of play of the National Energy and Climate Plans (NECPs). Continued reliance on fossil gas and the fact that the plans are still falling short of climate ambition flies in the face of the European Parliament acting “Climate Emergency” last week.
A new report by the European Environment Agency launched today shows that the EU needs to translate commitments into urgent action to slash greenhouse gas emissions at the scale needed to prevent even more dangerous climate change.
The UN Climate Change Conference COP25 in Madrid started with a big push from the least developed countries and the UN Secretary General Antonio Guterres to increase countries’ 2030 climate pledges. In the first High Level session of COP 25, countries were expected to present plans to increase ambition by 2020, the deadline set by the Paris Agreement to deliver more ambitious plans to reduce greenhouse gas emissions.
In the draft concept for the European Green Deal leaked to the media yesterday, the new European Commission pledges to propose an increase of the EU 2030 climate target, but only in October 2020, which is far too late. This would mean that the EU would miss the Paris Agreement deadline for increasing targets in 2020.