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Portugal aims to achieve carbon neutrality by 2045 (see trajectory in Figure 1). In 2023, Portugal accounted for 1.7 % of the EU's net greenhouse gas (GHG) emissions, and achieved net emissions reductions of 43.9 % from 2005 to 2023, above the EU average reduction of 30.5 % over the same period. During that period, the country achieved a reduction of 66.2 % in emissions covered by the EU emissions trading system (ETS). Portugal's land use, land-use change and forestry (LULUCF) sector has mostly performed ...

Spain aims to achieve climate neutrality by 2050 (see trajectory in Figure 1). In 2023, Spain accounted for 8.2 % of the EU's net greenhouse gas (GHG) emissions and achieved a net emissions reduction of 39.3 % in the years 2005 to 2023, above the EU average reduction of 30.5 %. During the same period, the country reduced emissions covered by the EU emissions trading system (ETS) by 57.5 %. Spain's land use, land-use change and forestry (LULUCF) sector has consistently performed as a carbon sink, ...

Sweden aims to achieve climate neutrality by 2045 (see trajectory in Figure 1) and to further reduce its emissions in sectors covered by the Effort-sharing Regulation. In 2023, Sweden accounted for 0.16 % of the EU's net greenhouse gas (GHG) emissions. It achieved a net emissions reduction of 72.6 % from 2005 to 2023, well above the EU average reduction of 30.5 %. In the same period, the country reduced emissions covered by the EU emissions trading system by 26.5 %. Sweden's land use, land-use change ...

Belgium aims to reach climate neutrality by 2050 (see trajectory in Figure 1). In 2023, Belgium accounted for 3.5 % of the EU's net greenhouse gas (GHG) emissions and reduced its net emissions by 29.3 % between 2005 and 2023, just below the EU average reduction of 30.5 % over the same period. Also during that period, the country reduced emissions covered by the EU emissions trading system (ETS) by 46.7 %. Belgium's land use, land-use change and forestry (LULUCF) sector has consistently performed ...

On 5 April 2022, the Commission presented a proposal for a regulation on fluorinated greenhouse gases that would repeal Regulation (EU) No 517/2014. The proposal is among the last from the 'fit for 55' package, seeking to align EU climate and energy laws with the EU Climate Law's 2030 target. The proposal aims to further reduce emissions of fluorinated greenhouse gases (F-gases). It would change the existing quota system, gradually reducing the supply of hydrofluorocarbons (HFC) to the EU market ...

On 15 December 2021, the Commission presented a proposal to regulate methane emissions reductions in the energy sector. The proposal was part of the second batch of proposals in the 'fit for 55' package, seeking to align EU climate and energy laws with the EU Climate Law's 2030 target. The proposal addressed gaps in the current legislation: those relating to methane emissions from upstream exploration and the production of oil and fossil gas, but also those from the gathering and processing of fossil ...

Portugal is set to receive 鈧�22.2 billion in both non repayable support and loans from the Recovery and Resilience Facility (RRF), the unprecedented EU response to the crisis triggered by the coronavirus pandemic. This amount corresponds to 3.1 % of the entire RRF, and to 10.7 % of Portugal's 2019 gross domestic product (GDP). The revised plan 鈥� approved by the Council on 8 December 2023 鈥� includes REPowerEU grants worth 鈧�0.7 billion and the transfer of Portugal's total share (鈧�81.4 million) from ...

On 5 April 2022, the European Commission presented a proposal for a regulation on fluorinated greenhouse gases (F-gases) to repeal the current F-gas Regulation. The proposal seeks to reduce F-gas emissions further. It would change the existing quota system, gradually reducing the supply of hydrofluorocarbons (HFC) to the EU market, to 2.4 % of 2015 levels by 2048. It would also ban F-gases in specific applications, and update the rules on implementing best practice, leak-checking, record-keeping, ...

Climate change adaptation has been gathering momentum. At COP26 in 2021, the parties to the UNFCCC agreed to develop a work programme to deliver on the global goal on adaptation; at COP28, two years later, they adopted the framework for achieving that goal. Adaptation efforts should be led locally, by those most at risk, those who know the territory. The EU has been introducing tools, initiatives and strategies to enhance all aspects of climate change adaptation. While there are still barriers to ...

The carbon border adjustment mechanism (CBAM) puts a price on the carbon emissions of goods imported into the EU, thus levelling the playing field between EU industry, which is subject to a carbon price in the EU emissions trading system (EU ETS), and foreign producers in countries that do not have an equivalent system in place.