The International Energy Agency said in a policy review that France needs to invest more in energy efficiency, nuclear, and renewable energy to achieve its net-zero emission target by 2050. The IEA said low-carbon energy technologies and energy efficiency solutions were not deployed fast enough in France. The Paris-based agency also called the French government to step up policy efforts and boost investments in those areas.
In 2019, France became one of the first nations to enact a climate law by announcing a goal of cutting greenhouse gas emissions to net-zero by 2050. Since then, it has also been the global leader in tackling climate change by promoting green finance and budgeting. Its 2030 Investment Programme and its post-pandemic economic recovery plan are among the most ambitious in the world in terms of green energy transitions.
The IEA said the French government would have to take an important step next year to modernise its nuclear power fleet and step up its clean energy ambitions to align with the EU’s 55% emission reduction target by 2030. The government is also urged to improve its energy efficiency measures beyond the residential and service sectors by adopting stricter building codes and product regulations.
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Published on December 1, 2021 3:03 PM (GMT+8)Last Updated on December 1, 2021 3:03 PM (GMT+8)
