Reducing Belgium’s Greenhouse Gas footprint
In the context of 2030 and 2050 decarbonization goals, we analyze in this report how Belgium can reduce its carbon footprint in the coming decade. All told, we believe Belgium could mitigate its 2030 GHG emissions by 36 Mt relative to the 117 Mt emitted in 2016. Of this total reduction, 12 Mt of mitigation is “embedded” in existing private and public plans and budgets, with the remaining 24 Mt requiring incremental actions, or levers, to be executed. Achieving this full mitigation potential will be difficult but feasible. In addition to putting Belgium on better footing to reach its binding 2050 targets, this accelerated mitigation would be positive for the country as it would provide economic and competitiveness benefits, assuming optimal implementation and execution. To realize this potential, it is imperative to take action as soon as possible.