Spain

Responses

Mitigation

Sectors

Buildings Economy-wide Energy Transport

Instruments

Governance

Processes, plans and strategies

Regulation

Standards, obligations and norms

Keywords

Institutions / Administrative Arrangements Carbon Pricing Energy Supply Energy Demand Transport

Law 2/2011, on Spain's Sustainable Economy, regulated by Royal Decrees 1494/2011 and 1.007/2015

Legislative

Law

Passed in 2011

This Law aims to make the economy more competitive by promoting environmental sustainability in sectors such as energy, transport and sustainable mobility, and housing. The Law has four sections. The first is dedicated to improving the economic environment. The second addresses competitiveness and the third, environmental sustainability. The fourth deals with how to implement and evaluate the Law. The major principles of environmental sustainability are the guarantee of economic efficiency, respect for the environment, national objectives for 2020 on energy saving and efficiency and on the use of renewable energy. Energy policy should promote renewable energy, strengthen predictability and efficiency in energy policy decisions - especially as regards the incentives framework - and cut back the contribution of energies with higher CO2 emission potential. The law establishes a national target of 20% of energy consumption to come from renewable energy by 2020 for both homes and commercial buildings. It also creates the Carbon Fund for a Sustainable Economy (FES - CO2), which will help to reduce GHG emissions by buying carbon credits. The purpose Royal Decree 1.007/2015 is to regulate the specific procedure for the acquisition of carbon credits, within the framework of the PIMA Company Plan, to companies that carry out actions that meet the requirements established in this standard, by the Carbon Fund to a Sustainable Economy (FES-CO2) provided for in the Sustainable Economy Law 2/2011.

Documents

Climate targets in this law

2 targets

20% of renewable energy by 2020

Energy | Fixed level target | Target year: 2020 | Base year: 2011
Reduction of use of primary energy in line with the EU's 20% reduction by 2020 against a 2011 baseline

Energy | Base year target | Target year: 2020 | Base year: 2011