The European grid operators ENTSO-E and ENTSOG have updated their scenarios for the Ten Year Network Development Plan 2020. CAN Europe welcomes that the grid operators improved transparency of their scenario building, however, while we are in a climate emergency and the European Commission plans to increase the EU climate targets, these scenarios are still trapped in an old energy world.
The European Parliament’s Committee on Regional Development (REGI) is voting on the EU Just Transition Fund - which aims to support EU regions in their transition to climate neutrality - on 6 July. They have the chance to follow the EU Council, which last week agreed to fully exclude fossil fuels from funding. The Parliament voted to exclude fossil fuels from EU regional funds in March 2019. Yet despite this, there is a potential unholy alliance between the ECR, EPP and Renew to push for a big loophole which would allow some gas power and infrastructure to get funding.
European civil society organisations map out the first-ever NGO-led energy scenario based on 100% renewable energy and looking at reducing carbon emissions by at least 65% by 2030. The analysis corroborates existing evidence, showing that Europe can achieve climate neutrality by 2040 - a decade before the 2050 target - and lead the rest of the world in the energy transition.
Yesterday the Council agreed to exclude all fossil fuel activities, including fossil gas, from the scope of the Just Transition Fund, a financial mechanism meant to support EU regions that currently rely the most on fossil fuels in their just transition towards climate neutrality.
The International Energy Agency (IEA) says that the European Union should align its short-term recovery objectives with the long-term climate goal by investing in energy efficiency and clean energy infrastructure to see greenhouse gas emissions further decline. These are some of the key recommendations put forward in IEA’s quinquennial report “European Union 2020 - Energy Policy Review” issued this morning.
Today EU environment ministers have met to discuss the contribution of environmental and climate policies to the recovery from COVID-19, with a focus on circular economy.
Ministers overwhelmingly acknowledged the crisis requires a rethink of our production and consumption patterns, but more consistency and synergies between climate and environment policies are needed to ensure the industry sector fully taps into the emission reductions potential of a circular economy. Some also reiterated their support for the EU to agree to a 2030 climate target of at least 55% emission cuts this year.
At today’s 22nd bilateral EU-China Summit, the EU and China have committed to develop economic stimuli that address both the economic and the climate crises. They have also reaffirmed their commitments to the implementation of the Paris Agreement, through closer partnership on climate action and the clean energy transition.
EU Heads of State and Government have exchanged their views on the revised EU budget and additional recovery funds proposed by the European Commission to counter the economic crisis.
While there was support for a recovery focus on the green dimension, they must now make sure that the money will be invested to achieve higher climate targets and a swift transition to climate neutrality.
For the first time, EU leaders will discuss the European Commission’s proposals for a revised long-term EU budget, including significant recovery funding to address the economic shortfall caused by COVID-19, at an online European Summit this Friday. By focusing EU recovery spending on the green transition towards climate neutrality, heads of state and government can set the course for future sustainable and resilient economies.
At the global level, growth in renewable power has been strong over the past five years, overpassing all the other fuels in growth and competitiveness. Globally, too little is happening in heating, cooling and transport where the barriers are still nearly the same as ten years ago. As for Europe, while the share of renewable energy keeps increasing, investments have fallen yet again by 4% since 2018, according to REN21’s Renewables 2020 Global Status Report (GSR), released today.