Report on the functioning of the Governance of the Energy Union and Climate Action
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Report on the functioning of the Governance of the Energy Union and Climate Action
ID 22563 | 16.09.2024 / In allegato
The Regulation on the Governance of the Energy Union and Climate Action (the ‘Governance Regulation’, hereafter ‘the Regulation’) was adopted in December 2018 (Regulation (EU) 2018/1999).
The aim was to create a robust governance mechanism to enable the EU to achieve its energy and climate objectives and meet the goals set by the 2015 Paris Agreement, while integrating and simplifying obligations under EU energy and climate legislation.
The Regulation covers the five dimensions of the Energy Union: energy security, the internal energy market, energy efficiency, decarbonisation, as well as research, innovation, and competitiveness.
The Regulation strengthens integrated national energy and climate policy planning by creating a coherent, efficient and transparent framework that streamlines, merges and simplifies a long list of scattered and partly overlapping monitoring obligations.
First, it supports strategic medium- and long-term energy and climate planning through integrated national energy and climate plans (NECPs) and national long-term strategies (LTSs).
Second, it provides a framework for Member States to report on their progress in meeting the 2030 and the long-term energy and climate objectives and targets, both to the Commission and to the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat.
Third, it enables the Commission to assess and monitor the progress made by the EU and by Member States, and to take measures when the level of ambition and/or progress are insufficient.
The Regulation aims to reduce administrative burden, provide clear investment signals to investors, and improve transparency and accountability by making energy and climate policy information more easily accessible to the public. It created a new cooperation mechanism between Member States and the EU. It also required Member States to set up multi-level stakeholder dialogues involving local and regional authorities, civil society organisations, business community, investors, other stakeholders, and the general public. This report evaluates how the Regulation has functioned and been implemented since it entered into force in 2018 and it is underpinned by an accompanying staff working.
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Collegati
Regolamento (UE) 2018/1999
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