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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Long Term Decarbonisation Strategy 2050 (ELP 2050)
Sectors: Economy-wide
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing
Main document
Long-Term Decarbonization Strategy 2050
(Original Language)PDF
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- Carbon neutrality by 2050Economy-wide · Target year: 2050
- Electrify above 50% of the economyEconomy-wide · Target year: 2050
- Reduce GHG emissions by 23% relative to 1990 levelsEconomy-wide · Target year: 2030
- Reduce GHG emissions by 90% relative to 1990 levelsEconomy-wide · Target year: 2050
- Transport sector to run on at least 28% of renewable energyTransport · Target year: 2030
Timeline
ShowNote
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.