- The independent scientific assessment of the Climate Action Tracker (CAT) underlines that the EU’s current target of achieving -55% net emissions by 2030 is not sufficient to reflect a fair contribution to the achievement of the 1.5°C goal of the Paris Agreement.
- The Glasgow Pact reiterates the principle of common but differentiated responsibilities enshrined in Article 2 of the Paris Agreement. The EU, as a major historic emitter and high income economy, thus needs to present above average contributions relative to required global action towards this objective.
- The ongoing deliberations on the implementing legislation at EU-level offer the unique opportunity to allow the EU to go beyond the net -55% target, by strengthening both the ambition and the integrity of the package towards the EU’s international commitments. The UN Environment Programme has called upon G20 countries to reduce their annual emissions by 7.6% between 2020 and 2030 to meet the 1.5°C temperature limit of the Paris Agreement. Applying this annual reduction target to the EU’s 2019 emissions would reduce the EU’s total emissions in 2030 to 1.569 MtCO2, which is 68% below 1990 levels.3
1UNFCCC (2021). Nationally determined contributions under the Paris Agreement. Revised note by the secretariat. https://unfccc.int/documents/307628 and Climate Action Tracker (2021). Warming Projections Global Update. Global Update – Glasgow’s 2030 credibility gap – Nov 2021 (climateactiontracker.org) 2UNFCCC (2021). Glasgow Climate Pact. https://unfccc.int/sites/default/files/resource/cma2021_L16_adv.pdf 3UNEP (2019). Emissions Gap Report. https://www.unep.org/resources/emissions-gap-report-2019 4European Commission (2021). Frans Timmermans at Stocktaking plenary at COP26: “We need to be able to say when we meet again in Egypt next year, we’ve done it, we’re on track for 1.5. That was what we need to do between now and next year. Everyone needs to take their responsibilities. The European Union, we’re doing our part, our targets are even written into law. So we will be sure to contribute to that. And if we need to do more, we will be doing more.” https://ec.europa.eu/commission/commissioners/2019-2024/timmermans/announcements/frans-timmermans-stocktaking-plenary-cop26-0_en
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