|Policy status:||In Force|
|Policy Type:||Policy Support, Policy Support>Strategic planning|
|Policy Target:||Framework/ Multi-sectoral Policy, Resilience / Adaptation|
|Agency:||The Nature Agency, Ministry of the Environment|
In December 2012, the Government launched 'Action plan for climate proofing of Denmark'. The action plan sets out initiatives that the State must help to create a sustainable, green climate adaptation efforts in Denmark.
The action plan focuses on five main themes:
The climate change strategy was inititally adopted on 13 March 2003. The strategy identified approaches and tools to attain Denmarks Kyoto target of 21% greenhouse gas emission reductions in the period 2008-2012 compared to 1990 levels as defined under the European Union burden sharing agreement. Projections suggested that existing polices and measures would lead to emission levels that are 25 000 Gg CO2 eq. annually higher than the target value. The strategy marked a noticeable transition from the traditional approach of GHG emission reduction centring almost exclusively on CO2 emission reduction through domestic measures to a cost-efficiency driven, cross-sectoral and cross-border approach. The approach was based on two central instruments. The first was the EU emissions trading scheme, under which Denmark expected to cover close to 50% of its emissions. The second instrument, aimed to cover the remaining emissions, was based on an indicative emission reduction cost threshold of DKK 120 per tonne CO2 (approximately 16 euros per tonne CO2). This cost threshold level was based on calculations of the likely international price level of emission quotas/credits adjusted for a net domestic tax factor. Under the strategy, only domestic emission reductions that could be achieved under this cost threshold were implemented while further emission reductions were achieved through the purchase of credits/quotas on the international market, or through the development of JI and CDM projects abroad.
Last modified: Fri, 13 Mar 2015 11:24:38 CET