{"id":491963,"date":"2024-11-06T06:30:00","date_gmt":"2024-11-06T05:30:00","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=491963"},"modified":"2024-11-06T06:30:00","modified_gmt":"2024-11-06T05:30:00","slug":"europes-emissions-drop-but-more-ambition-is-needed","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/europes-emissions-drop-but-more-ambition-is-needed\/","title":{"rendered":"Europe’s emissions drop, but more ambition is needed"},"content":{"rendered":"\n

Baku (Azerbaijan) will host the 29th Convention on Climate Change (COP29) the following week. Among the many talking points will be climate investment to slash emissions. The World Meteorological Organization (WMO) reported<\/a> last week that greenhouse gas (GHG) atmospheric concentrations surged to a new record high in 2023. Such a climb will result in rising temperatures in the years to come. <\/p>\n\n\n\n

As global emissions surge, Europe is on an opposite trend. According to a new report<\/a> by the European Environment Agency (EEA), in 2023, the EU\u2019s total GHG emissions fell by 37% compared to 1990. The data comes from the latest member states’ reports and sources analyzed by the EEA.<\/p>\n\n\n\n

About Behind the Figures <\/h2>

In Behind the Figures<\/a>, we take a deep dive into one figure in every episode. Using charts and graphs, we break them down and provide context to help you make more sense of them.<\/p><\/div>\n\n\n\n

Although global emissions rose by over 60% during this period, the EU saw decreased GHG outputs. As per the report, three drivers justify this reduction: the cutback on coal usage, the rise of renewable energy, and a drop in energy consumption. <\/p>\n\n\n\n

Despite this acceleration, based on current policies, member states would cut their emissions levels by 43% in 2030 as compared to 1990. Adding the currently planned measures, the share would rise to 49%, falling short by 6% of the Fit for 55<\/a>  targets for GHG emissions reduction. <\/p>\n\n\n\n