Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/323492 
Year of Publication: 
2025
Citation: 
[Journal:] Contemporary Economics [ISSN:] 2300-8814 [Volume:] 19 [Issue:] 2 [Year:] 2025 [Pages:] 230-239
Publisher: 
VIZJA University, Warsaw
Abstract: 
The European Union is the global forerunner in climate change mitigation policies. The new climate change mitigation targets were set for the European Union (EU) countries following the Energy and climate package targets established for renewable energy sources, energy efficiency improvements, and greenhouse gas (GHG) emission reductions. The European Commission (EC) has revised targets for 2030 several times, following the increased stringency of climate change mitigation commitments. The EU adopted the Climate Law, setting a legally binding goal to achieve a climate-neutral EU society by 2050. The EC agreed on an interim goal of a net 55% GHG emission decrease by 2030 and developed a Fit for 55 package, bringing EU regulations in line with the 2030 goal. The paper aims to analyze new EU climate change mitigation targets and to assess and compare the situation and advancements achieved by the Baltic States. The new targets for renewable energy sources, energy efficiency, and GHG emission decrease for the Baltic States were analyzed, and progress achieved was evaluated on the basis of data provided in the National Energy and Climate Plans (NECPs) submitted to the EC.
Subjects: 
climate change mitigation
NECPs
targets
achievement
Baltic States
JEL: 
Q2
Q28
Q48
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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