The Net-Zero 2050 is a new initiative of the European Climate Foundation with contributions from a consortium of experts and organisations funded by the ECF.
The Paris Agreement commits us to making this transition, and long-term strategic planning shows that many of the decisions and actions needed to get us on track must be taken imminently.
Reports in the series are intended to create a basis for discussion with stakeholders and policy-makers on Net-Zero decarbonisation.
In particular, they seek to enhance understanding of the implications and opportunities of moving to climate neutrality across the economy; to shed light on some of the near-term choices and actions needed to reach this goal; and to provide thought leadership about the governance arrangements necessary to implement the Paris Agreement.
Objectives and Methodology
-A net-zero emission European society is within reach but getting there starts today: Europe can reach net-zero greenhouse gas emissions by 2050 at the latest. Not only is it technically possible: a net-zero future is likely to be very desirable, with a prosperous economy, a more resilient society, and higher levels of wellbeing.
-What delivering the Paris Agreement means for Europe: The roadmap 2050 tool tests possible pathways to net-zero emissions to establish its feasibility. This will help to better understand the systemic impact that different choices may have and to identify some key trade-offs, implications and near-term decisions needed to get to Paris-compatible emission levels.
-EU countries still have a chance to improve their climate plans: National Energy and Climate Plans (NECPs) represent an opportunity for EU Member States to chart their next steps on the road to a climate-secure future and to reap the economic and social benefits which come with that.
-Multiple pathways can take EU industries to a clean and prosperous future: If supported by the right policy framework, industries can contribute their share to the net-zero emissions by 2050 and remain competitive. In addition, a more circular economy can cut emissions from heavy industry by 56% by 2050.
-Fossil-free energy systems in Europe are feasible by 2050: Scenarios integrating power, road transport and residential heating sectors across Europe with a wide range of zero-carbon technologies and energy carriers can come with socio-economic benefits.
-Possible pathways for a low carbon EU agriculture: Agriculture is unique in its ability to both reduce its own emissions, but also increase carbon removals from the atmosphere and contribute to emission reductions in other sectors through the substitution of carbon intensive materials and energy.
-Innovation can help deliver EU competitive climate leadership: Europe requires to rapidly increase the readiness and deployment of the next generation of low-carbon technologies. It also needs to enable business models and customer engagement in sectors which use or produce energy.