Europe 2020, an EU strategy for jobs and smart, sustainable and inclusive growth, is based on five headline targets which are measured by different indicators.
This series of blog posts looks at each of the targets in turn.
The third headline target is in fact a combination of three ambitious targets in the area of energy and climate change policy. The EU's ambitious 20:20:20 strategy aims to:
1. Reduce greenhouse gas emissions by 20% compared to 1990
2. Increase energy efficiency by 20%
3. Increase the share of renewable energy sources in final energy consumption to 20%
On greenhouse gas emissions, there is huge variation across the member states, which can be accounted for by their very different industrial profiles and economic trajectories. Figures are also complicated by the Emissions Trading System because the EU2020 reduction targets only concern emissions not covered by that system. The emissions it covers will be reduced by 21% compared to 2005 levels.
- See more at: http://www.iiea.com/blogosphere/eu2020--energy-and-climate-change-infographic#sthash.yZoFYICu.dpuf