High emission reductions are necessary
High emission reductions are necessary for Annex I countries to meet the EU climate target
This study analyses the possible approaches to greenhouse gas abatement by industrialised (Annex I) countries, to calculate their comparability. The reduction targets for Annex I countries and the abatement costs of achieving these different aggregated reduction targets show a wide range. To meet the EU climate target of 2°C, a 30% emission reduction by the EU is needed, combined with comparable reduction efforts by other Annex I countries and a 15 to 30% below-baseline emission reduction by developing countries.