Climate of Cooperation

The agreed ESR reform requires only 14 Mt CO2 additional annual reductions for the EU28, which is approximately 0.5% of 2005 emissions, leaving the EU likely to miss its 2030 climate target. The document asserts that the non-ETS 2030 target would need to be tightened to at least -40% to align with the Paris Agreement. To achieve the current -30% target cost-effectively, the report advocates for project-based cooperation where higher-income Member States finance reductions in lower-income Member States. This mechanism could potentially generate up to 614 million AEAs in supply, compared to only 96 million AEAs without additional reductions.

• The agreed ESR reform is insufficient to meet the EU's 2030 climate goals, requiring only 14 Mt CO2 in additional annual reductions for the EU28, which represents about 0.5% of 2005 emissions. Under this reform, Member States would only need to reduce non-ETS emissions by 26.6% by 2030, falling short of the agreed -30% target.
• To be compatible with the Paris Agreement and align with long-term 2050 reduction targets of 80% to 95%, the 2030 target for non-ETS sectors must be increased to at least -40%.
• Project-based cooperation allows higher-income Member States with stringent targets to finance cost-effective reductions in lower-income Member States. While potential supply in 2021-2030 is only 96 million AEAs without additional reductions, it could reach 614 million AEAs if sectoral policies are fully implemented and reduction projects are unlocked.
• The document recommends that Member States avoid using external flexibilities under the ESR because they do not guarantee additional reductions and hinder the transition of non-ETS sectors.

APA

Ember (2018). Climate of Cooperation. https://ember-energy.org/latest-insights/climate-of-cooperation

Chicago

Ember. Climate of Cooperation. 2018. https://ember-energy.org/latest-insights/climate-of-cooperation.

Wikipedia

{{cite report |author=Ember |title=Climate of Cooperation |date=26 March 2018 |url=https://ember-energy.org/latest-insights/climate-of-cooperation |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{ember2018climate, author = {{Ember}}, title = {{Climate of Cooperation}}, institution = {Ember}, year = {2018}, month = mar, url = {https://ember-energy.org/latest-insights/climate-of-cooperation}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }