Climate Report April 2021

The new policy landscape

The facts

The new policy landscape

COP 21, the global climate conference, was held in Paris in 2015. At its close, 196 parties pledged to reduce their greenhouse gas emissions. The Paris Agreement’s focus is to keep the global rise in temperature “well below 2°C” while “pursuing efforts to limit the temperature increase to 1.5°C”.

  • Nov. 2014 › IPCC’s Fifth Assessment Report. Projected 4.8°C increase in average temperature by 2100 at the current pace
  • Dec. 2019 › EU commitment to carbon neutrality by 2050
  • Apr. 2021 › New EU climate goal (55% reduction in GHG emissions by 2030 compared with 1990)
  • Nov. 2021 › COP 26 in Glasgow (Scotland). Goal: accelerate climate commitments
  • Dec. 2015 › COP 21 (Paris Agreement). Goal for 2100: well below 2°C
  • 2019-2024 › European Green Deal. Priority given to climate-oriented investments and regulations
  • 2035-2040 › Probable end to sales of new ICE vehicles in Europe (to be voted in 2022)
  • 2050 › Europe, the first carbon-neutral continent

Meanwhile, Europe is implementing its own climate strategy, set out in the European Green Deal. Large cities are already taking clean air measures: low emission zones, tolls, congestion charges and limited access areas already restrict access to city centers for the most polluting vehicles.

RENAULT GROUP ALIGNS WITH EUROPEAN AND GLOBAL AMBITIONS

The collaborative participation of citizens, businesses and governments was decisive in the finalization of the Paris Agreement. This synergy is equally essential to its successful implementation. Well aware of the automotive industry’s climate challenges and role, Renault Group has aligned its carbon footprint reduction strategy with the targets set by the Paris Agreement to “pursue efforts to limit the temperature increase to 1.5°C”. In April 2021, the Group announced its aim to achieve carbon neutrality in Europe by 2040, in alignment with the European Green Deal, and worldwide by 2050.