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Long Term Decarbonisation Strategy 2050 (ELP 2050)

Geography
🇪🇸 Spain
Year
2020
Document Type
Policy

Summary

The route established in the Long-Term Decarbonisation Strategy (ELP 2050) will reduce greenhouse gas (GHG) emissions by 90% by 2050 compared to 1990. The remaining 10% will be absorbed by carbon sinks. It is a strategic document that shows the many opportunities for job creation and economic growth. It presents a scenario based on existing technology and knowledge, and offers the signals for investment. The ELP 2050 marks a route that will allow a final consumption of fully renewable energy by the middle of the century, which is meant to increase the competitiveness of the Spanish economy and generate positive effects on health, biodiversity and adaptation to climate change.

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 Topics mentioned most in this policy

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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Climate justice
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

Note

Grantham Research Institute

The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.