EU energy and climate policy
EU 2020 package
The EU energy and climate policy until 2020 is regulated by the Kyoto Protocol of the UN Convention on Climate Change and, within the EU, the climate and energy package.
The EU's emission reduction target by 2020 is 20%. The EU also aims to raise the average share of renewable energy sources to 20% of the final consumption of energy. The country-specific target for Finland is to reduce emissions by 16% in sectors outside emissions trading and raise the share of renewable energy to 38%.
EU 2030 energy and climate targets
The 2030 energy and climate targets were agreed at the European Council on 23 October 2014. These targets will now be reconsidered in line with the outcome of the Paris Climate Change Conference held in 2015. The targets are
- Cutting emissions by at least 40% below 1990 levels by 2030.
- Cutting emissions by 43% in the EU emissions trading system sectors and by 30% in the non-emissions trading system sectors compared to 2005.
- A binding target at EU level to boost the share of renewables to 27%.
- Indicative energy savings target of 27% for increasing energy efficiency.
- An electricity interconnection target of 10% by 2020 and 15% by 2030.
- Before 2020 a policy is to be prepared on how land use, land use change and forestry sectors (LULUCF) are to be included in the framework for mitigating greenhouse gas emissions that extends until 2030.