Brainstorm on ‘Beyond 40%’ project
September 19 @ 9:30 am - 12:30 pm
In the context of the Paris Agreement, the European Union is increasing its efforts towards decarbonisation. Currently, the EU climate strategy is centred around three emissions reduction targets compared to 1990 levels: a cut of 20% of GHG emissions by 2020, at least 40% by 2030; and an implicit reduction of 80-95% by 2050. These targets have increasingly been put into question, as many stakeholders are pushing the EU to speed up its decarbonisation efforts and embrace the goal of climate neutrality by 2050.
This meeting marks the start of the new ERCST project ‘Beyond 40%’. This project seeks to assess whether Member States and other stakeholders are undertaking efforts to go ‘beyond’ their respective 2030 targets, and what is their perspective on the 2050 strategy and the potential target of carbon neutrality.
The ‘Beyond 40%’ project aims to:
- assess whether stakeholders are communicating meaningful commitments to go ‘Beyond 40%’
- map these commitments by companies, cities, regions, and Member States, identifying best practices and no-regret policies
- quantify commitments to the extent possible, and aggregate them
This meeting is an opportunity for ERCST to gather feedback on its methodology to achieve these goals, and enable stakeholders to discuss the initial findings of the project.
ERCST will follow up this event with a report, due to be launched on November 14th in Brussels, and discussed across the EU in a limited number of capitals. The final report – which will include feedback from the roundtables across the EU – will be published in February 2020.
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