THE EU RELAUNCHES ON ENVIRONMENTAL SUSTAINABILITY. BY 2030, 42.5 PER CENT OF ELECTRICITY MUST BE PRODUCED FROM RENEWABLE SOURCES.
The political agreement reached by the European Parliament, Commission and EU member states includes a legally binding target to increase the share of renewable energy in overall EU energy consumption to 42.5 percent by 2030. In practical terms, this means doubling the clean share in the EU's energy mix, which currently stands at 22.1 percent, according to internal statistics. The agreement closes negotiations on key elements of the EU's "Fit for 55" climate package, unveiled in July 2021, which aims to achieve a 55 percent net reduction in greenhouse gas emissions by 2030.
NET-ZERO INDUSTRY ACT: EUROPEAN INDUSTRY’S NEW WAY TO GREEN AND SUSTAINABLE TRANSFORMATION
On March 16, 2023, the European Union unveiled the Net-Zero Industry Act (NZIA), an ambitious plan to reduce European industry's greenhouse gas emissions to zero by 2050. It is part of the €250 billion Green Deal Industrial Plan, which aims to provide clear direction for European industry to transition to a low-carbon economy and foster technological innovation to address the global climate crisis.
THE NEW PNIEC WILL HAVE TO RISE TO THE CHALLENGE
Considerations on the need for an improved update of the National Integrated Energy and Climate Plan, the PNIEC, our national planning tool on energy and climate policies for the period 2020-2030.
NIGERIA: TINUBU’S VICTORY IS NOT GOOD FOR THE CLIMATE
A month ago, on February 25 and 26, Nigeria held presidential elections at the federal level. The analysis and considerations of Policy Advisor, Jacopo Bencini.
GLACIERS UNDER EXTINCTION
Under the Paris Agreements, adopted in 2015, 195 countries adopted a common goal of keeping the rise in global temperatures below 2°C compared to pre-industrial levels. A recent report published in the journal Science estimated that half of the world's glaciers (excluding Greenland and Antarctica) will disappear by 2100, even if the 'temperature increase is limited to +1.5°C. It is estimated that at least 60 percent of the glaciers in central Europe will be lost by 2100.