Developing the EU Long-Term Climate Strategy
The European Commission has decided to renew its “Roadmap for moving to a competitive low carbon economy in 2050”. The process is currently in its preliminary stages, making this an ideal time for stakeholders to discuss what the new document should include, and the way it should be developed.
The European Union’s 2050 low-carbon economy Roadmap is an important policy document. It was issued in 2011 to provide a vision on how to deliver greenhouse gas reductions of 80 to 95% of 1990 levels by 2050. It outlines milestones which would show whether the EU is on course to reach its target, policy challenges, investment needs and opportunities in different sectors.
However, many changes have taken place since the 2050 Roadmap was issued in 2011, warranting a renewal of the document:
- Changes in constraints, including climate science;
- Changes in policies and technologies, and linked costs;
- Things that have not worked out as predicted in the current Roadmap.
The Paris Agreement has led to new carbon constraints, including the concepts of carbon neutrality by the second half of the century and negative net-emissions. In addition, since 2011 we have learned a lot about the science of climate change. The most recent and the forthcoming IPCC Assessment Reports, as well as the Special Report on limiting the temperature increase to 1.5°C, substantially changed or will change the knowledge base.
Revisiting the Roadmap would be an opportunity to include the recent and significant evolution in low-carbon technologies and climate change policies. The dramatic decrease in costs, the increase in investment in renewables and energy storage, the emergence of new sources of gas and the impact of the Fukushima accident and the Energy Union Winter package need to be factored into the EU’s longer-term climate change and energy vision.
At the same time, some predictions did not work out, such as the EU ETS playing the role of driving low-carbon innovation in the power and industrial sectors.
The objectives of this project are to:
- Get a better understanding of the challenges around a new EU climate strategy, including the format, content and the process to define it.
- Promote stakeholder involvement during the renewal of the 2050 Roadmap. A series of workshops aims to bring together high-level and specialised stakeholders in different European capitals to discuss the potential content of the new long-term strategy, and will thus help generate momentum around this issue.
- Provide independent and high-quality research on, and analysis of, the potential elements of the renewed roadmap, and potential trade-offs between elements. This research will be published through in a technical paper.
- Translate this technical work into a policy paper, proposing two or three internally consistent set of choices that could be made by the European Commission in the upcoming new long-term strategy.
This project is a joint initiative of ERCST/ICTSD and Bruegel. It has broad and diverse support, as it is funded by Sweden, Denmark, France and Germany, the European Climate Foundation, Climate-KIC, ENEL, EdF and Shell.