Home > References > Economic Evaluation of Sector Objectives for Climate Change


 
   
Economic evaluation of sectoral objectives for climate change

Ecofys has conducted one of the most important studies on greenhouse gas reduction in the EU. The results of this study - the Economic Evaluation of Sectoral Objectives for Climate Change - have been input for many further actions, such as the European Climate Change Programme.

Client

European Commission

(DG Environment)

Project partners

AEA Technology (UK) and NTUA (Greece)

Area of expertise

Energy policy

The project analysed a least-cost allocation of objectives for different sectors and greenhouse gases, that would enable the European Union to meet its Kyoto target. In addition a set of cost-effective policy measures was put together for various economic sectors and greenhouse gases.

The study combined a "top-down" approach and a "bottom-up" methodological approach and compared them as far as possible.

In the study over 250 different emission reduction options have been identified and characterised. Ecofys constructed a large database with information on many possible emission reduction options called GENESIS. All economics sectors and greenhouse gases considered in the Kyoto Protocol have been taken into account. Results are presented per Member State, economic sector and per greenhouse gas.

Within this project Ecofys was responsible for

  • project management
  • bottom-up analysis (in cooperation with AEA Technology)
  • development of  the GENESIS database

More information

Click here for an executive summary of the report.

Go o the EU website for the complete report.