Search on Ifri.org

Frequent searches

Suggestions

Implementing the EU Climate and Energy Package with the Economic Crisis

Papers
|
Date de publication
|
Image de couverture de la publication
Implementing the EU Climate and Energy Package with the Economic Crisis
Corps analyses

The reinforcement of European Union"s climate policy in the decade to come was prepared and decided in 2007-2008 via the EU Climate and Energy Package. But in the meantime, the economic conditions have radically changed. This new study released by Ifri analyzes how the economic downturn in Europe will affect the EU"s greenhouse gases emissions and its ability to reach its 20% emission reduction's target by 2020 compared to 1990. Indeed, the global economic crisis that has affected Europe since the end of 2008 will have a significant impact on greenhouse gases emissions and help the EU bend further its emissions path in the years to come. In order to measure this “reduction bonus” generated by the economic crisis, the study builds several scenarios of EU-wide energy-related CO2 emission profiles until 2013 and until 2020 by adjusting the European Commission"s 2020 pre-crisis growth scenario (the one used to prepare the EU Climate and Energy Package in 2007-2008) under a reviewed post-crisis macroeconomic hypothesis that takes into account latest International Monetary Fund's previsions for the recovery that cover the period until 2014. The scenarios also draw on the patterns of energy and carbon intensities in the past to project EU energy and carbon intensities to 2020 under various hypotheses. The study shows that the emission gap obtained thanks to the new economic path in Europe following the crisis will not be instrumental in complying with the Union"s target by 2020. It will not be sufficient in itself to cut EU-wide greenhouse gases emissions at such a level. The package"s requirements are still relevant and tough enough for member states in the context of the economic crisis. The challenge remains as great as before (and even greater for the question of financing) for the EU to find a way to both significantly improve the energy efficiency of its economy and to transform its energy mix to give it a much more low-carbon profile.

 

Decoration

Available in:

Regions and themes

Thématiques analyses

Share

Download the full analysis

This page contains only a summary of our work. If you would like to have access to all the information from our research on the subject, you can download the full version in PDF format.

Implementing the EU Climate and Energy Package with the Economic Crisis

Decoration
Author(s)
Image principale
Climate & Energy
Center for Energy & Climate
Accroche centre

Ifri's Energy and Climate Center carries out activities and research on the geopolitical and geoeconomic issues of energy transitions such as energy security, competitiveness, control of value chains, and acceptability. Specialized in the study of European energy/climate policies as well as energy markets in Europe and around the world, its work also focuses on the energy and climate strategies of major powers such as the United States, China or India. It offers recognized expertise, enriched by international collaborations and events, particularly in Paris and Brussels.

Image principale

The Strategic Dimension of Power System Flexibility: Opportunities in Europe

Date de publication
30 April 2025
Accroche

The European Union has embarked on an energy transition aimed primarily at replacing fossil fuels by electrifying demand. 

Cédric PHILIBERT Arthur de LASSUS
Image principale

Energy Developments in the United Kingdom

Date de publication
19 May 2025
Accroche

The United Kingdom (UK) has traditionally been an example for its neighbours and the world in developing ambitious, innovative and effective energy policies. 

Rémy CARBONNIER
Image principale

India’s Green Hydrogen Strategy in Action: Policy Actions, Market Insights, and Global Opportunities

Date de publication
24 April 2025
Accroche

India is poised to remain the world’s fastest-growing major economy, and this rapid growth is driving a sharp rise in energy demand. As the most populous country on the planet, India urgently needs to decarbonize its energy systems.

Akul RAIZADA
Image principale

Water in Mexico: an Emergency that Will Wait

Date de publication
22 April 2025
Accroche

Access to water is already and will become increasingly problematic for Mexican economic actors due to the progressive scarcity of the resource resulting from climate change, a geographical distribution that does not coincide with that of the population or economic activity, and management that has so far been far too lax. 

Related Subjects

How can this study be cited?

Image de couverture de la publication
Implementing the EU Climate and Energy Package with the Economic Crisis
Implementing the EU Climate and Energy Package with the Economic Crisis, from Ifri by
Copy
Image de couverture de la publication
Implementing the EU Climate and Energy Package with the Economic Crisis

Implementing the EU Climate and Energy Package with the Economic Crisis