Ireland's State of the Environment Report 2024

87 Chapter 4: Climate Change Policy objectives and targets Source Target year EU Legally binding EU targets of net zero greenhouse gas emissions by 2050 A reduction of net greenhouse gas emissions by at least 55% compared with 1990 levels by 2030 EU climate law Implementing legislation includes: ■ Effort Sharing Regulation (EU) 2018/842 amended by Regulation (EU) 2023/857 ■ Renewable Energy Directive ((EU) 2023/2413) ■ Energy Efficiency Directive ((EU) 2023/1791) ■ LULUCF Regulation (EU) 2018/841 amended by Regulation (EU) 2023/839) ■ ETS Directive ((EU) 2023/959) 2030 and 2050 Ireland must reduce greenhouse gas emissions within scope of the Effort Sharing Regulation by 42% compared with the 2005 level by 2030 (some flexibilities apply) Effort Sharing Regulation (Regulation (EU) 2018/842 amended by Regulation (EU) 2023/857) 2030 Ireland must reduce net emissions and removals from LULUCF by 626 kt CO 2 eq by 2030 compared with the average levels for 2016, 2017 and 2018 LULUCF Regulation (Regulation (EU) 2018/841 amended by Regulation (EU) 2023/839) 2030 National A national climate objective that supports the transition to a climate resilient, biodiversity- rich, environmentally sustainable and climate- neutral economy is to be pursued and achieved no later than 2050 The Climate Action and Low Carbon Development (Amendment) Act 2021 2050 Two 5-year carbon budgets, of 295 Mt CO 2 eq for 2021-2025 and 200 Mt CO 2 eq for 2026-2030, approved and intended to equate to a total net GHG emissions reduction of 51% over the period to 2030, relative to a baseline of 2018. Provisional budget of 151 Mt CO 2 eq for 2031-2035 The Climate Action and Low Carbon Development (Amendment) Act 2021 2021-2025, 2026-2030 and 2031-2035 Legally binding sectoral emissions ceilings for each of the approved carbon budget periods applying to the following sectors: electricity, transport, built environment, industry and agriculture. The Climate Action and Low Carbon Development (Amendment) Act 2021 2021-2025 and 2026-2030 The development of plans and strategies to reach 2030 and 2050 targets through: ■ annual climate action plans ■ 5-yearly, long-term, climate action strategies ■ 5-yearly carbon budgets ■ sectoral emissions ceilings ■ a national adaptation framework The Climate Action and Low Carbon Development (Amendment) Act 2021 2030 and 2050