{"title":"Assessment of Progress Towards 20-20-20 Targets: Evidence from Baltic States","authors":"D. Štreimikienė","doi":"10.5709/ce.1897-9254.473","DOIUrl":null,"url":null,"abstract":"The 2020 climate and energy package adopted in 2009 sets three key targets for EU Member States: 20% cut in greenhouse gas emissions (from 1990 levels); to ensure 20% of renewables in final energy consumption and to achieve 20% improvement in energy efficiency from 2005 levels. The paper analyses the progress of selected countries in achieving climate and energy targets by 2020. Baltic States, namely Lithuania, Latvia, and Estonia were selected for comparative assessment of their achievements in GHG emission reduction, energy efficiency improvement and use of renewable energy sources. Indicator’s framework was constructed to capture the most important drivers of GHG emission reduction from fuel combustion. These indicators allow to compare countries in their achievements by assessing their main energy and climate change policies. The analysis and comparison of the trends of the main indicators allows to define the best performing country and the reason of this. Policy implications were developed for Baltic States to pursue further progress in achieving energy and climate targets for 2030 and 2050.","PeriodicalId":44824,"journal":{"name":"Contemporary Economics","volume":"39 1","pages":""},"PeriodicalIF":2.4000,"publicationDate":"2021-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Contemporary Economics","FirstCategoryId":"1089","ListUrlMain":"https://doi.org/10.5709/ce.1897-9254.473","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 1
Abstract
The 2020 climate and energy package adopted in 2009 sets three key targets for EU Member States: 20% cut in greenhouse gas emissions (from 1990 levels); to ensure 20% of renewables in final energy consumption and to achieve 20% improvement in energy efficiency from 2005 levels. The paper analyses the progress of selected countries in achieving climate and energy targets by 2020. Baltic States, namely Lithuania, Latvia, and Estonia were selected for comparative assessment of their achievements in GHG emission reduction, energy efficiency improvement and use of renewable energy sources. Indicator’s framework was constructed to capture the most important drivers of GHG emission reduction from fuel combustion. These indicators allow to compare countries in their achievements by assessing their main energy and climate change policies. The analysis and comparison of the trends of the main indicators allows to define the best performing country and the reason of this. Policy implications were developed for Baltic States to pursue further progress in achieving energy and climate targets for 2030 and 2050.
期刊介绍:
The mission of the Contemporary Economics is to publish advanced theoretical and empirical research in economics, finance, accounting and management with the noticeable contribution and impact to the development of those disciplines and preferably with practice relevancies. All entirety of methods is desirable, including a falsification of conventional understanding, theory building through inductive or qualitative research, first empirical testing of a theory, meta-analysis with theoretical implications, constructive replication that clarifies the boundaries or range of a theory for theoretical research as well as qualitative, quantitative, field, laboratory, meta-analytic, and combination for an empirical research. This clear priority for comprehensive manuscripts containing a methodology-based theoretical and empirical research with implications and recommendations for policymaking does not exclude manuscripts entirely focused on theory or methodology. Manuscripts that raise significant, actual topics of international relevance will be highly appreciated. The interdisciplinary approach including – besides economic, financial, accounting or managerial –also other aspects, is welcomed.