The EU-15 should meet its collective target of cutting GHG emissions by 8% for the period 2008-2012 according to a new report by the European Environment Agency.
The EU-15 should meet its collective target of cutting GHG emissions by 8% for the period 2008-2012 according to a new report by the European Environment Agency.
Data show that the 15 EU Member States sharing a common target under the Kyoto Protocol (EU-15) achieved a reduction of their greenhouse gases by 2.7% between the base year and 2006. The policies and measures in place as of today will not be sufficient for the EU-15 to meet its Kyoto target, as they are expected to push down emissions between 2006 and 2010 to an average level only 3.6% below the base-year emissions. If the additional measures planned by 10 Member States were fully implemented and on time, a further reduction of 3.3% could be obtained. The full effect of the EU Emission Trading Scheme is not reflected in all Member States' projections.
Most EU-15 Member States intend to use carbon sinks - such as planting forests that absorb CO2 - to achieve their Kyoto target. The total amount of CO2 that could be removed annually between 2008 and 2012 is relatively small (1.4% compared to 1990), although it is somewhat higher than the projections made in 2007.
Ten EU-15 Member States have planned to use the Kyoto Mechanisms (the Clean Development Mechanism and Joint Implementation - see here for more ) to achieve their targets. This is expected to reduce emissions by a further 3.0%.
The summary and individual country profiles are available online here. The full report will be out in November.
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