The Grand Duchy's main aim is to reduce all green house gasses by 55% in 2030, and cut them completely by 2050 at the latest.
Friday's session saw the government make a number of revisions to the law project in question. The new legal framework should create a well-structured and focused political environment with a shared goal, making success more likely.
The law in question encompasses three separate points:
1. establishing a political environment with clear procedures concerning the development and execution of:
a) the Integrated National Energy-Climate Plan (PNEC)
b) the strategy for responding to climate change effects, and
c) the long-term strategy for the reduction of greenhouse gas emissions.
The objectives elaborated for each sector have been defined for the following spheres of activity:
2. the establishment of a special "climate and energy" fun to finance these measures. This fund is being reformed both in terms of provision, eligible investments and governance. It will now be possible to financially support measures taken to balance out climate change effects on our forests, for example.
3. the transposition into national law of the Directive (EU) 2018/410 of the greenhouse gas quota trading system (ETS), which makes industry more responsible.
The government in council also adopted interdepartmental climate policy governance relating to sectoral climate objectives, and established the interdepartmental committee for climate action.
