Joint letter – ICC reform and expansion risks diverting ETS Revenues from real climate action
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
News
Publish date: February 29, 2016
News
“The EU’s targets should certainly be adjusted upwards to take the new 1.5 degree target into account,” says Bellona Europa Director Jonas Helseth.
At the COP21 the Intergovernmental Panel on Climate Change (IPCC) was invited to prepare a special report by 2018 on the impacts of the 1.5°C target. In a meeting with the IPCC the European Commission and scientists working on EU-funded climate research agreed to a re-orientation of on-going EU-funded projects to provide scientific results for 1.5°C impacts and pathways.
“It’s good to see a debate on implications of the 1.5 °C target emerging, but we have yet to see meaningful political decision that can keep Europe in the vanguard. If Europe does not adjust its targets upwards now, we are going to make it more difficult to respond in the future,” Helseth commented.
The EU’s targets are due to be delivered by reform of the EU’s Emission Trading System and Effort Sharing Decision. Both of these, and more policies, are currently in a reform process in what the EU has dubbed the ‘year of delivery’ for climate and energy policy.
When asked by the press following Paris how this higher ambition will be reflected in policy, Climate and Energy Commissioner Miguel Arias Cañete passed the buck to the next Commission, saying it would be their responsibility to deal with any increased ambition, but acknowledging that “with additional commitments we need additional legislation.”
Others, however, are already calling for adjustments. MEP Ian Duncan, who leads the ETS reform in the European Parliament, asked the Commission what assessment it will take on EU targets after the Paris Agreement, specifically the EU ETS. To which the Commission answered that on the basis of the Paris Agreement’s scheduled 2018 global assessment, it will have to consider whether to submit revised targets by 2023. This would be done under the review mechanism, also part of the Paris Agreement.
A joint paper prepared by the Commission Services/European External Action Service on ‘European climate diplomacy after COP21: Elements for continued climate diplomacy in 2016’ served as a basis for the discussion of the implications of COP21 at last week’s meeting of the Foreign Affairs Council. The conclusions of this Council meeting underscore the diplomatic leadership which the EU is to continue to take globally to ensure global delivery of the Agreement’s goal. It will be up to the March Council meeting of the EU’s leaders to determine what the EU’s contributions should be.
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
By Amélie Laurent, CDR Policy Advisor, Bellona Europa Published in REVOLVE Today, EU countries approved Europe’s 2040 climate target:...
The new EU Ports Strategy rightly recognises that ports are no longer just logistics hubs – they are be...
Three main asks: Set robust low-carbon definitions as soon as possible: Without clear thresholds, non-price criteria in procurement lack the dec...
On 24 February 2025, Bellona Europa co-hosted a breakfast seminar at Norway House in Brussels alongside ZERO and the Mission of Norway to the EU, bringing together policymakers, manufacturers, and procurement practitioners around a single conviction: European cities hold a decisive and largely untapped lever for decarbonising construction. With the revision of the EU Public Procurement Directives on the horizon, the moment to use it is now.
Get our latest news