Delivering a Climate Neutral Europe / edited by Jos Delbeke.

Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of Illustrations -- List of Contributors -- Foreword -- Introduction -- Part 1 Climate Action in the EU and the World -- 1 EU Climate Policy After 25 Years: Looking Back, Looking Ahead -- Introduction -- 1.1 Climate Change Is Happening -- 1.2 EU Greenhouse Gas Emissions Reduced by 32.5% between 1990 and 2022 -- 1.3 Building Further on the Cornerstones of EU Climate Policy -- 1.3.1 The Politics: A Vision Endorsed by the Highest Political Level -- 1.3.2 The Economics: Putting an Explicit Price on Carbon -- 1.3.3 The Technicalities: Designing Policies Based on Solid Preparation -- 1.4 Anchoring Climate into a Strengthened Geopolitical EU Strategy -- 1.4.1 The Climate Transition as Part of an EU Geopolitical Industrial Strategy -- 1.4.2 Investing in Social and Regional Cohesion -- 1.4.3 Investing in Removals -- 1.4.4 Raising Much More Sustainable Finance -- 1.4.5 Addressing Adaptation -- Conclusion -- 2 The Paris Agreement -- Introduction -- 2.1 The UN Framework Convention on Climate Change and the Kyoto Protocol -- 2.2 From the Failure of Copenhagen (2009) to the Success of the Paris Agreement (2015) -- 2.3 Essential Features of the Paris Agreement -- 2.3.1 Applicable to All Parties -- 2.3.2 Ambitious Collective Goals -- 2.3.3 Dynamic Five Year Ambition Cycles -- 2.3.4 Transparency and Accountability -- 2.3.5 Increasing Resilience to and Responding to the Adverse Effects of Climate Change -- 2.3.6 Fostering Cooperation and Financial Flows -- 2.4 Are Global Emissions Peaking? -- 2.5 The International Dimensions of the European Green Deal -- 2.5.1 Sharing Lessons on the Climate and Energy Transition -- 2.5.2 Trade-related Climate Measures -- 2.5.3 Mobilising Sustainable Finance -- Conclusion -- Part 2 The EU Emissions Trading System.

3 The EU Emissions Trading System -- Introduction -- 3.1 How Does the EU Emissions Trading System Work? -- 3.2 Price and Emissions Development -- 3.3 The Creation of the Market Stability Reserve -- 3.4 A Strengthening of the Emissions Cap 2024-2030 -- 3.5 The Creation of ETS2 for Road Transport, Buildings, and Smaller Industry -- 3.5.1 Defining the ETS2 Cap Trajectory -- 3.5.2 The Market Stability Reserve for ETS2 -- 3.5.3 Gradual Implementation and Safeguards for a Smooth Start -- 3.6 The Growing Importance of EU ETS Revenues -- 3.6.1 Raising Revenue through Auctioning of Allowances -- 3.6.2 EU Solidarity and the Use of Auctioning Revenue -- 3.6.3 The Social Climate Fund -- Conclusion -- 4 Addressing Carbon Leakage under the EU ETS -- Introduction -- 4.1 The Problem of Carbon Leakage -- 4.2 The EU Approach to Free Allocation -- 4.2.1 Benchmarks -- 4.2.2 Carbon Leakage List -- 4.2.3 Seizing the Benefit of Technological Progress -- 4.2.4 The Correction Factor -- 4.2.5 The State Aid Provisions and the New Entrants Reserve -- 4.3 The Creation of a Carbon Border Adjustment Mechanism (CBAM) -- 4.3.1 The CBAM Design -- 4.3.2 Defining the CBAM Liability -- 4.3.3 Reduction for a Carbon Price Paid -- 4.3.4 Monitoring the Introduction of CBAM -- 4.3.5 CBAM as an Impetus for More Intensive Policy Cooperation -- Conclusion -- 5 The International Dimension of the EU ETS -- Introduction -- 5.1 International Cooperation on Carbon Markets -- 5.2 Experience with International Credits -- 5.3 Aviation Emissions -- 5.3.1 The International Governance for Aviation Emissions -- 5.3.2 The EU ETS Includes Aviation within Europe -- 5.3.3 The 2023 EU ETS Review -- 5.3.4 Sustainable Aviation Fuels -- 5.3.5 Development of CORSIA within ICAO -- 5.4 Maritime Emissions -- 5.4.1 The International Governance of Shipping Emissions -- 5.4.2 Extension of EU ETS to Maritime Emissions.

5.4.3 Developments in the IMO -- Conclusion -- Part 3 Climate Action by Member States and Economic Sectors -- 6 The Effort Sharing Regulation -- Introduction -- 6.1 Emissions from the Effort Sharing Sectors -- 6.2 Effort Sharing 2013-2020 -- 6.2.1 Setting Differentiated Targets -- 6.2.2 Developing More Elements of Redistribution -- 6.2.3 Experience to Date -- 6.2.4 Flexible Provisions -- 6.3 Differentiation and Flexibilities Allowed for 2021-2030 -- 6.3.1 Continuation of the Differentiated Target Approach -- 6.3.2 More Differentiation among Member States -- 6.3.3 Towards More Convergence among Member States by 2030 -- 6.3.4 Starting Point and Trajectories -- 6.3.5 Flexibility with the Emissions Trading System -- 6.3.6 Flexibility to Land Use Change and Forestry Sectors -- 6.3.7 Flexibility Linked to Earlier Over-Achievement -- 6.3.8 The 2030 Targets as Adopted -- 6.4 An Energy and Climate Governance System -- 6.4.1 Integrated Energy and Climate Governance and the Climate Law -- 6.4.2 National Climate and Energy Plans -- Conclusion -- 7 Climate-Related Regulations in the Field of Energy, Transport, F-gases and Methane -- Introduction -- 7.1 Renewable Energy -- 7.1.1 A Binding EU-Wide Target -- 7.1.2 Biomass -- 7.2 Electricity and Gas Market Integration and Climate Policy -- 7.2.1 The Challenge of Integrating Renewable Energy -- 7.2.2 The Combined Effects of Electricity Market Reform and Carbon Pricing -- 7.2.3 Strengthened Role for Consumers -- 7.3 Energy Efficiency -- 7.3.1 Energy Dependence, the Import Bill and Barriers to Energy Efficiency -- 7.3.2 The EU's Bottom-up Approach and the Energy Efficiency Directive -- 7.3.3 Regulating the Energy Use and Labelling of Products and Devices -- 7.3.4 Addressing the Energy Efficiency of Buildings -- 7.4 Emissions from Road Transport -- 7.4.1 Biofuels and Renewable Energy in the Transport Sector.

7.4.2 Regulating Zero CO[sub(2)] Emissions from Cars and Vans by 2035 -- 7.4.3 Emissions from Heavy-Duty Vehicles (HDV), such as Lorries and Buses -- 7.5 Phasing Down the Use of Fluorinated Gases -- 7.5.1 Addressing the Hole in the Ozone Layer Internationally -- 7.5.2 EU legislation Implementing the Montreal Protocol and the Kigali Amendment -- 7.6 The EU Methane Strategy -- Conclusion -- 8 Removals and Emissions from Agriculture and Forestry -- Introduction -- 8.1 The Role of the Land Use Sector in Mitigating and Removing Greenhouse Gas Emissions -- 8.2 The LULUCF Carbon Sink in the EU -- 8.2.1 Evolution of LULUCF: From Kyoto Protocol to Ambitious EU Targets -- 8.2.2 Building Further on the 2018 LULUCF Regulation -- 8.3 Scaling Up Carbon Removals and Ensuring Credibility -- 8.4 An Enabling Environment for Climate Action in Forestry and Agriculture -- Conclusion -- 9 Accelerating the Greening of EU Industry -- Introduction -- 9.1 The New Policy Context -- 9.2 The Innovation Fund -- 9.3 The Battery Alliance -- 9.4 The Role of State Aid: The Temporary Crisis and Transition Framework (TCTF) -- 9.5 The Hydrogen Bank and EU-Level Auctioning under the Innovation Fund -- 9.6 Towards a European Net-Zero Industry -- 9.6.1 Net-Zero Industry Act (NZIA) -- 9.6.2 Critical Raw Materials Act -- 9.6.3 Strategic Technologies for Europe Platform (STEP) -- Conclusion -- 10 The Greening of EU Finance -- Introduction -- 10.1 The EU Sustainable Finance Strategy -- 10.1.1 The EU Taxonomy -- 10.1.2 Disclosure Rules -- 10.1.3 Benchmarks and Green Bonds -- 10.1.4 The EU and the International Approach to Sustainable Finance -- 10.2 Mainstreaming Climate in the EU Budget -- 10.2.1 The Climate Mainstreaming Target -- 10.2.2 The Specific Programme Targets -- 10.3 The EIB becomes the EU's Climate Bank -- Conclusion -- 11 Conclusion -- Index.

Delivering a Climate Neutral Europe summarises the achievements of twenty-five years of EU Climate Policy, with the emphasis on what has been achieved under the Green Deal. It also highlights climate issues on the table of policy makers in the next European policy cycle 2024-2029.

Description based on publisher supplied metadata and other sources.

Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2025. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.