EU approaches 2030 climate target, boosts renewable outlook

The European Union (EU) is nearing its 2030 climate and energy targets, following significant improvements by member states in their National Energy and Climate Plans (NECPs), the European Commission said on Wednesday.

According to the Commission’s latest assessment, the EU is now on course to cut net greenhouse gas emissions by around 54 per cent by 2030, compared to 1990 levels—just shy of the legally binding 55 per cent target set under the European Climate Law. The bloc is also on track to meet its renewable energy goal of at least 42.5 per cent of total consumption.

The progress follows enhanced national plans submitted in response to Commission recommendations in December 2023. Brussels praised the momentum as a sign of continued political resolve amid a challenging geopolitical backdrop.

“The EU is staying the course on its climate commitments, investing with determination in the clean energy transition and prioritising the EU’s industrial competitiveness and the social dimension,” the Commission said, citing initiatives like the Clean Industrial Deal and Affordable Energy Action Plan.

The improved NECPs are expected to drive further investment in decarbonisation and energy efficiency, supporting efforts to reduce reliance on fossil fuel imports, bolster energy security, and deliver more stable energy prices.

The Commission said the assessment provides a strong basis for shaping the bloc’s long-term climate strategy, including its forthcoming 2040 targets and the goal of achieving net-zero emissions by 2050.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser