Policy Briefing - EP lunch debate Effort Sharing  how to unlock the potential of non-ETS sectors in the 2030 climate package

The briefing advocates for significantly higher targets for non-ETS sectors, the elimination of international offsets, and the creation of new financing mechanisms to support the EU's 2050 decarbonisation goal. It suggests transforming the Effort Sharing Decision into a Directive to improve national transposition and investor certainty, while proposing a centralised EU Effort Sharing agency to coordinate best practices and financing.

• The Effort Sharing Decision (ESD) covers nearly 60% of EU emissions, including sectors such as buildings, agriculture, transport, lighter industry waste, and consumers, but currently delivers only one third of emission reductions.
• Current ESD targets are considered too weak, with the EU projected to achieve 16% reductions by 2020, exceeding the required 10% reduction. ClientEarth calculates that a target of 46% reductions from 2005 levels would be feasible by 2030 through technical measures costing less than 25 euros a tonne and demand-side behavior changes.
• International offsets should be removed from the 2030 climate and energy framework because they have hampered domestic abatement efforts and undermined EU climate goals.
• To improve implementation and investor certainty, the document recommends transforming the ESD into a Directive to require transposition into national law and establishing a centralised EU Effort Sharing agency to disseminate best practices and advise on financing.
• New financing mechanisms are needed to unlock reductions, such as a Green Investment Scheme (GIS) for trading annual emissions allowances (AEAs) or auctioning a portion of AEAs to create a capital pool for mitigation projects, similar to the NER300.

APA

Carbon Market Watch (2013). Policy Briefing - EP lunch debate Effort Sharing  how to unlock the potential of non-ETS sectors in the 2030 climate package. https://carbonmarketwatch.org/wp-content/uploads/2013/11/Policy-briefing-on-ESD-for-EP-event_6-November.pdf

Chicago

Carbon Market Watch. Policy Briefing - EP lunch debate Effort Sharing  how to unlock the potential of non-ETS sectors in the 2030 climate package. 2013. https://carbonmarketwatch.org/wp-content/uploads/2013/11/Policy-briefing-on-ESD-for-EP-event_6-November.pdf.

Wikipedia

{{cite report |author=Carbon Market Watch |title=Policy Briefing - EP lunch debate Effort Sharing  how to unlock the potential of non-ETS sectors in the 2030 climate package |date=6 November 2013 |url=https://carbonmarketwatch.org/wp-content/uploads/2013/11/Policy-briefing-on-ESD-for-EP-event_6-November.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{carbonmarketwatch2013policy, author = {{Carbon Market Watch}}, title = {{Policy Briefing - EP lunch debate Effort Sharing  how to unlock the potential of non-ETS sectors in the 2030 climate package}}, institution = {Carbon Market Watch}, year = {2013}, month = nov, url = {https://carbonmarketwatch.org/wp-content/uploads/2013/11/Policy-briefing-on-ESD-for-EP-event_6-November.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }