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Press Release
On New Year’s Day 2008 the serious business of Kyoto begins for real.
EEA Executive Director Prof. Jacqueline McGlade
The report, 'Greenhouse gas
emission trends and projections in Europe 2007', presents an
evaluation of data between 1990 and 2005. More importantly, the report
evaluates Member State projections of future greenhouse gas emissions
and provides a good indication of progress towards Kyoto targets. The
report is of particular relevance in the context of the rapidly
approaching 'first commitment period' of the Kyoto Protocol which runs
from 2008 to 2012 (1). (See notes)
EU-15 Emissions in 2005: According to the new report:
'On New Year's Day 2008 the serious business of Kyoto begins for
real. All available measures should now be implemented. Significant
emission reductions will take place through the emissions trading
scheme, the EU's 'cap and trade' programme for carbon (3).
As the scheme matures and expands we will see it establishing itself as
a blueprint for a global carbon market — an important part of any
post-Kyoto agreement,' said Professor Jacqueline McGlade, Executive
Director of the EEA.
Within the shared Kyoto target, each EU-15 Member State has a
differentiated emissions target, which can be achieved by a variety of
means. The 12 new EU Member States are not part of the joint EU-15
target but all, except Cyprus and Malta, have individual targets under
the Kyoto Protocol.
Looking ahead — the Road to Kyoto: Based on Member State
projections, the report says that existing domestic policies and
measures (4) will reduce EU-15 greenhouse gas emissions by a
net effect of 4.0 % below base-year levels. When additional domestic
policies and measures (i.e. those planned but not yet implemented) are
taken into account, the EU-15 could reduce emissions by an additional
3.9 %.
The projected use of Kyoto mechanisms (5) by ten of the
EU-15 will reduce emissions by a further 2.5 %. These governments have
set aside EUR 2.9 billion to pay for this. The use of carbon sinks,
such as planting forests to remove CO2, will reduce
emissions by an additional 0.9 %. As a result, the EU could even
achieve an 11.4 % reduction, the report says. All new Member States
with a target expect to meet their target.
Key instrument: The EU emissions trading scheme will bring
significant emission reductions between 2008 and 2012, according to the
report. It is expected to contribute a reduction of at least 3.4 %,
part of which is already reflected in some Member States projections.
This would represent a further reduction of at least 1.3 % to the total
of 11.4 % from base-year emissions in the EU-15.
Background to the report
The report, prepared by the EEA and its European Topic Centre on Air
and Climate Change (ETC/ACC), complements the annual evaluation report
of the European Commission to the Council and European Parliament. For
more information see the Commission
website.
The EEA report covers 33 countries including:
An individual annex is provided for each country covered by the
report.
Data source: The report is based on data and information submitted by
the countries to the European Commission and the EEA by 1 June 2007.
For the past trends, it is entirely based on EEA Technical report No
7/2007 Annual
European Community greenhouse gas inventory 1990-2005 and inventory
report 2007. See
press release (15 June 2007).
Notes: National projections provided by 1 June 2007 have been taken
into account in this report.
The EEA is based in Copenhagen. The agency aims to help achieve significant and measurable improvement in Europe's environment through the provision of timely, targeted, relevant and reliable information to policy makers and the public.
Brendan Killeen
Press Officer
Phone: +45 33 36 72 69
Mobile: +45 23 68 36 71
E-mail: brendan.killeen@eea.europa.eu
Marion Hannerup
Head of Communications and Corporate Affairs
Phone: +45 33 36 71 60
Mobile: +45 51 33 22 43
E-mail: marion.hannerup@eea.europa.eu
For references, please go to https://eea.europa.eu./media/newsreleases/eu-within-reach-of-kyoto-targets or scan the QR code.
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