Impact Investing
PNIEC 2030 Climate Objectives at Risk, Agici Launches Target Monitoring System
Italy faces challenges in meeting its 2030 climate and energy goals, particularly in emissions reduction and energy efficiency. PNIEC Monitor’s latest analysis highlights lowered renewable targets, misaligned efficiency projections, and emission gaps. A new SMART monitoring system will track progress, aiming to improve policy corrections. Collaboration and streamlined processes are vital for successful decarbonization.

Achieving the 2030 climate and energy targets for Italy is at risk, especially with regard to emissions and energy efficiency. This is what was illustrated by the Agici PNIEC Monitor working group during the event PNIEC Objectives for 2030: a challenge for all for the good of the Country, which was held in Rome at the GSE headquarters.
On this occasion, the analysis that the PNIEC Monitor conducted on the National Integrated Energy and Climate Plan was illustrated in light of the latest update of the text which, following the long process of revision and consultation in which the working group itself took part, led to a reformulation of the objectives initially identified. As the Agici PNIEC Monitor points out, the latest revision of the document, which indicates the strategy for national energy and climate policy for 2030, saw a change in the initial ambitions regarding renewable energy, energy efficiency and emissions.
The projections drawn up by the PNIEC on energy efficiency and GHG emissions are not aligned with the European objectives
With regard to renewables, the FER penetration targets on gross final energy consumption for the electricity (from 65% to 63%) and thermal (from 36.7% to 36%) sectors have been revised downwards, while an increase in the renewable share in transport (from 30.7% to 34%) and the green hydrogen share in industrial consumption (from 42% to 54%) is expected. Overall, the revision of the sector targets entails a reduction in the FER share on total final energy consumption by 2030 , which goes from 40.5% to 39.4%, although it remains higher than the EU target (38.7%).
On the contrary, the projections drawn up by the PNIEC on energy efficiency and GHG emissions are not aligned with the European objectives. As regards energy efficiency, it is estimated to reach levels of primary and final energy consumption higher than the 2030 targets, while with reference to emissions, Italy is not keeping pace both with the reduction targets for non-ETS sectors falling under the Effort Sharing Regulation (ESR), and with regard to CO2 absorption (LULUCF).
Extending the analysis to the European level, it emerges that other countries are also encountering various critical issues. The dimension of energy efficiency is commonly the most critical: with the sole exception of France, the current policy effort of Italy, together with that of Germany, Spain and the Netherlands is insufficient to achieve the respective national objectives of reduction of primary and final consumption by 2030. As regards RES, Italy and Spain are the only ones that plan to reach the national objectives while on the emissions of the ESR sectors, only France and Spain will hit their respective targets.
In light of the crucial challenges that the decarbonization objectives represent, starting from this year the PNIEC Monitor intends to implement a monitoring system , designed to provide partner companies and institutions with periodic updates on the progress towards national and community objectives in terms of energy and climate , through the use of SMART indicators – Specific, Measurable, Available, Relevant, Timely. An innovative and multidimensional system, also active on a territorial basis, which allows for the timely detection of critical issues and thus to identify possible proposals for correcting policies that can promote an effective, rapid and fair process of decarbonization of the Italian economy.
“The evidence illustrated today by the PNIEC Monitor shows how the road to decarbonization is long and tortuous, marked by numerous obstacles: from strong local opposition to renewables to the lack of clarity of the legislative framework and the inefficiency of authorization processes,” commented Marco Carta , CEO of Agici.
“For this reason, it is essential that, in the national strategy, the identification of targets is followed by a rigorous and effective process for achieving them. Through our monitoring system, we therefore want to make our contribution to formulate concrete proposals based on a constant evaluation of the progress of this fundamental path for the country.”
__
(Featured image by Markus Spiske via Unsplash)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in ESG NEWS. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

-
Crowdfunding2 weeks ago
ITASolidale co-finances Crowdfunding Organizations Committed to Helping People in Serious Health Conditions
-
Fintech2 days ago
Robinhood Expands Into Asian Crypto Market, Starting With Singapore
-
Business1 week ago
TecnoCientifica’s Gus Caneda Talks Blockchain & Innovation in Agricultural Supply Chains
-
Business2 weeks ago
TopRanked.io Weekly Affiliate Digest: What’s Hot in Affiliate Marketing [ComeOn Connect Affiliates Review]