Carbon Reduction Activities in Europe: January 2025
Executive Summary: Recent developments in European carbon reduction initiatives highlight significant regulatory advancements and strategic commitments. The EU is intensifying efforts to decarbonize the maritime sector and enhance carbon removal funding. Additionally, the Science Based Targets initiative has validated RWE’s emission reduction goals, aligning them with the Paris Agreement’s 1.5-degree pathway.
1. Decarbonization of the Maritime Sector
The European Union has introduced new regulations aimed at reducing greenhouse gas emissions from the maritime sector. As of January 1, 2025, the FuelEU Maritime Regulation mandates the use of renewable and low-carbon fuels for ships over 5,000 gross tonnages calling at EU ports. The regulation requires a gradual reduction in the greenhouse gas intensity of energy used on board, starting with a 2% reduction in 2025 and aiming for an 80% reduction by 2050 compared to 2020 levels. This initiative is part of the EU’s broader strategy to cut transport emissions by 90% by 2050. [Source]
2. Public Funding for Carbon Removal
On January 28, 2025, the European Commission’s Directorate-General for Climate Action will host an event focusing on public funding for permanent carbon removal. The event aims to explore and enhance the financing landscape for climate action, with a particular emphasis on instruments supporting permanent carbon removal. Participants will discuss existing European financing instruments such as the Innovation Fund and Horizon Europe, and explore ideas to boost funding mechanisms for carbon removal solutions. [Source]
3. Validation of RWE’s Emission Reduction Targets
The Science Based Targets initiative (SBTi) has confirmed that RWE’s emission reduction targets are aligned with the Paris Agreement’s goal of limiting global warming to 1.5 degrees Celsius. RWE aims to achieve net zero emissions by 2040, covering all corporate activities and greenhouse gases. This validation underscores RWE’s commitment to sustainable practices and aligns with global climate objectives. [Source]
4. Road Transport CO2 Emissions
Recent projections indicate that CO2 emissions from road transport in the European Union could peak as early as 2025. This optimistic outlook is attributed to recent regulations, including CO2 standards for cars, vans, trucks, and buses. However, maintaining this trajectory depends on upholding existing CO2 standards. [Source]
5. Verification of CO2 Emissions for Heavy-Duty Vehicles
Starting in July 2025, national type-approval authorities will annually test a sample of heavy-duty vehicles to ensure their real CO2 emissions align with official values. This initiative aims to enhance the reliability of laboratory-based emission testing and ensure compliance with emission targets. [Source]
Recent Comments