Summary
The Environmental Advisory Council calls for Latvia to advocate for higher 2030 EU emission reduction targets, a more accurate baseline for non-ETS sectors starting in 2017, and the reduction of compensation mechanisms to ensure the effectiveness of the Effort Sharing Decision (ESD).
Key insights
- The current EU energy efficiency and renewable energy targets are insufficient to implement the Paris Agreement, necessitating urgent emission reductions particularly in the transport and agriculture sectors.
- In Latvia, the primary sources of CO2 emissions are transport (33.8%), agriculture (30.6%), housing (14.7%), small industry (11.9%), and waste (9.1%).
- The European Commission's proposal for 2030 targets is considered too low and contains flaws regarding the reporting baseline that could undermine EU climate policy and investment opportunities.
- To meet Paris Agreement commitments, the EU should reduce greenhouse gas emissions by at least 47% by 2030 and by 95% by 2050.
- The Council recommends establishing a linear emission trajectory starting from 2017 rather than 2020, which would reduce the carbon budget by more than 500Mt CO2e compared to the Commission's proposal.
- Compensation mechanisms should be reduced to prevent countries from transferring emission savings from forestry and the emissions trading system, which could otherwise create 380 Mt of excess emissions.
Cite the original document
- APA
- Carbon Market Watch (2017). INFORMĀCIJAI. https://carbonmarketwatch.org/wp-content/uploads/2017/06/Latvia_1-15VKP_CO2.pdf
- Chicago
- Carbon Market Watch. INFORMĀCIJAI. 2017. https://carbonmarketwatch.org/wp-content/uploads/2017/06/Latvia_1-15VKP_CO2.pdf.
- Wikipedia
- {{cite press release |author=Carbon Market Watch |title=INFORMĀCIJAI |date=2 June 2017 |url=https://carbonmarketwatch.org/wp-content/uploads/2017/06/Latvia_1-15VKP_CO2.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{carbonmarketwatch2017informcijai, author = {{Carbon Market Watch}}, title = {{INFORMĀCIJAI}}, publisher = {Carbon Market Watch}, year = {2017}, month = jun, url = {https://carbonmarketwatch.org/wp-content/uploads/2017/06/Latvia_1-15VKP_CO2.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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