Our Climate Act incorporates the European directives on the Integrated National Energy and Climate Plan (PNEC), while providing a few additional details. The PNEC must be drawn up every ten years for a period of ten years. The plan for the period 2021-2030 was adopted in 2020. The draft NECP for 2031-2040 is due to be prepared in 2027. The Climate Action Platform is involved in this process and citizens can express their views through a public consultation. The NECP can be updated at any time to reflect the current situation and EU requirements. The update of the NECP 2021-2030 will be completed by 2024.
In addition, a long-term climate strategy covering a period of 30 years must be drawn up every ten years. An initial strategy of this type was adopted in 2021. A new version must be presented by 2029 at the latest. If necessary, the strategy will be updated every five years.
In order to prepare for the inevitable impacts of climate change, the Climate Act stipulates that a national strategy for adapting to the effects of climate change must be adopted. The aim of this strategy is to reduce the impacts of climate change in order to reduce Luxembourg's vulnerability and improve its resilience. As the effects of climate change affect everyone, measures are planned in all areas. For example, an initial national adaptation strategy was adopted by the government in 2018 after being drawn up as part of a participatory process. A new strategy will soon be drawn up and all citizens will be asked to participate actively and give their opinions. The strategy, which aims to combat the effects of climate change over a 50-year horizon, must be adopted every 10 years and, if necessary, updated every 5 years.
Consult the Strategy and action plan for adapting to the effects of climate change in Luxembourg 2018-2023 here.
The Climate Act sets out the terms and conditions for the creation, purpose and financing of the Climate and Energy Fund. The aim of this fund is to support measures to protect the climate, promote the energy transition and adapt to climate change, both in Luxembourg and in the countries of the Global South.
The Climate Act also transposes the EU Emissions Trading Directive into national law.
Le european emissions trading scheme (SEQE / EU-ETS) aims to reduce greenhouse gas emissions from energy-intensive industry, the energy sector and intra-European air traffic. The EU-ETS operates on the «Cap & Trade» principle. A cap sets the total quantity of greenhouse gas emissions that can be emitted by installations subject to emissions trading. Member States issue a corresponding quantity of emission allowances to installations, sometimes free of charge, sometimes through auctions. One allowance is enough to emit one tonne of carbon dioxide equivalent (CO2-eq). Emission allowances can be freely traded on the market. The result is a price for greenhouse gas emissions. This price encourages participating companies to reduce their greenhouse gas emissions.