Read this month’s update on trade and sustainability topics, with on the ground analysis from our international network.
Spanish Climate Change Law Nears Ratification
After years in the making, the Spanish Congress finally approved the country’s Climate Change and Energy Transition Bill on April 8, 2021. The document remains to be approved by the Senate, but it is expected to be finalised and passed into law by May, defining the concrete steps and milestones on the way to Spain’s carbon neutrality in 2050.
The first objective is set for 2030, the year by which the country aims to have cut carbon emissions by 23% compared to 1990 levels. To achieve this, the bill bets heavily on electric mobility, with a complete ban on new sales of petrol, diesel and hybrid cars by 2040. Similarly and fuelling stations will be obliged to include at least one recharging point within the next two years.
With this focus on electric mobility, the bill must also ensure clean electricity generation: by 2030, 74% of electricity generation must come from renewable sources (doubling today’s capacity), and by 2050, all electricity generation must be 100% renewable. This goal also includes incentivising self-generation practices such as roof solar and prohibiting all new fossil fuel exploration and extraction projects on the national territory, as well as the practice of fracking.
Other measures include creating low-emission zones in all cities of more than 50,000 inhabitants, generalising the use of clean fuels in public transport and the adding climate change and sustainable practices to the school curriculum.
Isabel Castillo, Network Representative in Spain
INDIA & SRI LANKA
The monthly India and Sri Lanka updates can be found here.
Natasha Mehta Majumdar, Network Representative in India