Mon. Dec 23rd, 2024

Luxembourg, 15 November 2024

In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq), a 2.6% decrease compared with the same quarter of 2023 (812 million tonnes of CO2-eq). The EU’s gross domestic product (GDP) registered a 1.0% increase in the second quarter of 2024, compared with the same quarter of 2023.

This information comes from data on quarterly estimates for greenhouse gas emissions by economic activity published by Eurostat today. Quarterly estimates of greenhouse gas emissions complement quarterly socio-economic data, such as GDP or employment.

This article presents a handful of findings from the more detailed Statistics Explained article on quarterly greenhouse gas emissions – Source datasets: env_ac_aigg_q and namq_10_gdp.

Compared with the second quarter of 2023, in the second quarter of 2024, the economic sectors responsible for the largest reductions were electricity and gas supply (-12.1%) and households (-4.2%).

GHG emissions according to industries
Source: Eurostat
Greenhouse gas emissions down in 19 EU countries 

In the second quarter of 2024, greenhouse gas emissions were estimated to have decreased in 19 EU countries when compared with the same quarter of 2023.

The largest reductions in greenhouse gases were estimated for the Netherlands (-9.1%), Bulgaria (-6.3%), Austria and Hungary (each -5.9%).

Out of the 19 EU countries that were estimated to have decreased their emissions, 5 recorded a decline in their GDP (Ireland, Finland, Estonia, Latvia and Austria). The other 14 EU countries (Poland, Denmark, Croatia, Spain, Bulgaria, Slovakia, Portugal, Hungary, Belgium, Italy, Czechia, Netherlands, France and Germany) were estimated to have decreased emissions while growing their GDP – Source datasets: env_ac_aigg_q and namq_10_gdp.

GHG emissions compared to GDP
Source: Eurostat
For more information
Methodological notes
  • Metadata on quarterly greenhouse gas emissions 
  • The data presented here are estimates by Eurostat, except for the Netherlands, Sweden and Spain, which provided their own estimates. Eurostat’s methodology differs from UN rules, particularly in attributing international transport emissions to individual countries. Eurostat estimates include these emissions in each country’s total, following the international System of Environmental-Economic Accounting

As parties to the UNFCCC and the Paris Agreement, the EU and the EU countries report annually on their greenhouse gas emissions to the UN. The so-called ‘Kyoto basket’ of greenhouse gases includes carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O) and fluorinated gases. They are expressed in a common unit, CO2-equivalents.  EU countries are required to monitor their emissions of these gases for all source sectors based on internationally agreed obligations and rules. The EU greenhouse gas inventory managed by the European Environment Agency covers emissions from 1990 to 2 years before the current year and is submitted to the UN each spring after quality checks. According to the European Climate Law, the EU’s climate target is to achieve a -55% net reduction by 2030 and climate neutrality by 2050.

Source – Eurostat

 

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