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Eesti kliimaambitsiooni tõstmise võimaluste analüüs
Reaching climate neutrality in Estonia by 2050 is technically possible and potentially profitable in the long term, requiring an estimated total investment of 17.3 billion EUR between 2021 and 2050. The strategy emphasizes accelerating energy efficiency in buildings, transport, and industry, alongside a transition to renewable energy and carbon sequestration in the LULUCF sector. While the first decade (2021-2030) will be investment-heavy, resulting in higher costs than revenues, subsequent decades are expected to see revenues outweigh costs. The transition will likely cause a modest negative impact on GDP (approximately 10%) and long-term employment in fossil-fuel sectors, particularly oil shale in Ida-Virumaa, but will create short-term construction and technology jobs.
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Document type: Report