Annexes to COM(2015)642 - Second Biennial Report of the EU under the UN Framework Convention on Climate Change

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dossier COM(2015)642 - Second Biennial Report of the EU under the UN Framework Convention on Climate Change.
document COM(2015)642 EN
date December 15, 2015
agreement in October 2014 on the main building blocks of the EU 2030 Climate and Energy Framework: a binding target of at least 40% domestic reduction in greenhouse gas emissions by 2030 compared to 1990; a target of at least 27 % renewable energy by 2030, binding at the EU level; an indicative energy efficiency target of at least 27% for 2030, to be reviewed in 2020 having in mind a 30% target.

For this purpose, the Commission has already proposed a revised EU ETS Directive in July 2015 which is currently in discussions in the EU institutions and will come forward with legislative proposals covering the non-ETS sectors. The Commission is also rolling out the initiatives foreseen in the Strategic Framework for the Energy Union, including upcoming proposals on renewable energy and energy efficiency.

PROGRESS IN ACHIEVING THE ECONOMY-WIDE EMISSIONS REDUCTION TARGET - PROJECTIONS

According to the latest projections with existing measures, as aggregates on basis of the data submitted by Member States in 2015 to the EU, emissions are estimated to be 24% lower in 2020 than in 1990. The EU is therefore currently on track towards meeting its target for 2020.

Up to 2030, GHG emissions are projected to decrease further.

Emissions from the energy sector, excluding transport, represent the largest share of total GHG emissions and of the projected total emission reductions. Emissions from this sector are projected to decrease by approximately 33 % in 2020 compared to 1990 and by about 38 % up to 2030. The transport sector is the only sector whose emissions are projected to increase, by 13% between 1990 and 2020 and then stable until 2030. After 2007, a slow but steady decline in transport emissions is visible, due to a combination of higher fuel prices and more stringent policies, such as CO2 standards for cars and vans.

PROVISION OF FINANCIAL, TECHNOLOGICAL AND CAPACITY BUILDING SUPPORT TO DEVELOPING COUNTRY PARTIES

Climate finance plays a key role as a means to reaching the agreed goal of limiting the global average temperature increase to below 2°C above pre-industrial levels, achieving transformational change to low GHG emission economies and supporting climate resilient sustainable development. The EU and its Member States are the largest providers of Official Development Assistance (ODA) to developing countries, accounting for €58.2 billion in 2014 and allocated €7.34 billion to fast start finance over 2010-2012. Furthermore, in 2014, the EU and its Member States collectively committed €14,5 billion to help developing countries tackling climate change.

The EU promotes a common and comprehensive approach to financing for development, including climate change actions as part of the “Agenda for Change,” emphasising mutually reinforcing climate and development co-benefits.

The total support provided by the EU to developing country Parties to the UNFCCC in 2013 and 2014 amounted to USD 2 178 million (€ 1 641 million).

Capacity development is at the heart of the EU development assistance and all development aid cooperation projects in the field of climate change, involve technology transfer activities. Europe is a leading player in the area of low carbon technologies and is maintaining its position with a range of policy initiatives. The EU supports the development and deployment of technologies in developing countries through substantial investments in innovation.

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