Summary:
Monaco has made significant progress in reducing its greenhouse gas emissions and aims to achieve carbon neutrality by 2050, according to the National Greenhouse Gas Inventory Report for 2024.
Full Story:
Monaco is making progress in reducing its greenhouse gas emissions (GHG) and taking steps towards carbon neutrality by 2050, according to the National Inventory Report 2024 on GHG emissions. The report, submitted to the United Nations Framework Convention on Climate Change (UNFCCC) by Monaco’s Environmental Department, highlights significant advancements in reducing GHG emissions.
In 2022, Monaco’s total GHG emissions were 66.53 kilotons of CO₂eq, representing a remarkable decrease of 34.5% compared to the reference year of 1990. Several factors contributed to this reduction, including decreased fuel consumption in the transport and building sectors and an increased use of biofuels. The building, mobility, and waste treatment sectors remain the main contributors to GHG emissions.
Noteworthy progress has been made in energy management, with 65.5% of Monaco’s energy consumption coming from renewable sources in 2022. The Principality is particularly focused on renewable electricity, with 43% of its consumption derived from sources such as hydroelectricity.
The government’s Climate Air Energy Plan aims to achieve a 55% reduction in GHG emissions by 2030 compared to 1990 through various policies and measures.
Alongside these positive results, Monaco is actively pursuing a policy of adapting its territory to climate change. The implemented action program aims to develop nature-based solutions, particularly urban re-naturalization, to enhance climate resilience.
The Environmental Department is also developing the Low Carbon Strategy of the Principality, which will chart the path towards carbon neutrality by 2050 while addressing the current challenges posed by climate change.
For more information, refer to the complete report: [link].
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Source:
Gouvernement Monaco
