Following the State of the Union speech by President of the European Commission Ursula von der Leyen where she reaffirmed the Commission’s plan to pursue and strengthen the Green Deal objectives, the European Commission presented today its plan to reduce EU greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. This level of ambition for the next decade will put the EU on a balanced pathway to reaching climate neutrality by 2050.
To this end, the Commission has tabled an amendment to the proposed European Climate Law, to include the 2030 emissions reduction target of at least 55% as a stepping stone to the 2050 climate neutrality goal. It also sets out the legislative proposals to be presented by June 2021 to implement the new target, including: revising and expanding the EU Emissions Trading System; adapting the Effort Sharing Regulation and the framework for land use emissions; reinforcing energy efficiency and renewable energy policies; and strengthening CO2 standards for road vehicles.
In conformity with RenoZEB’s underlying principles and objectives, one of the goals stressed by President Von der Leyen is to “kickstart a European renovation wave to make the Union a leader in the circular economy”. Renewables will need to be deployed at larger scale to contribute to the higher climate ambition and to promote the Union’s industrial leadership on renewable technologies. An increased renewables target will provide the necessary predictability and investment certainty for further renewable energy deployment across all sectors. According to the Commission, EU buildings need to become less wasteful, less expensive and more sustainable.
In this sense, RenoZEB’s new systemic approach to retrofitting which includes innovative components, processes and decision making methodologies, in line with announced actions behind the State of the Union speech, is key to ensure a modern and technological transition towards a decarbonised economy and a more sustainable society.
For more information visit the official SOTEU 2020 website.