delegacijaEU_2014111116343715eng

7/23/2019 delegacijaEU_2014111116343715eng

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DG Communication

Spokespersons

Service

Did you

Facts and figures aboutthe European Unionand the G20

Brisbane, 15>16.11.14

know...?


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More inormation on the European Union is available on the internet (http://europa.eu)

Luxembourg, Publications Office o the European Union, 2014

ISBN: 978-92-79-38935-1

doi: 10.2775/8042

European Union, 2014

Reproduction is authorised provided the source is acknowledged
http://europa.eu/http://europa.eu/


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Did you know...?

EU participation in the G20 2

Demography 3

Growth 4

Rebalancing the economy 7

Employment 9

Trade 10

Financial regulation 12

Taxation 15

Development 16

Energy and Climate Action 17

DG CommunicationSpokespersons Service

Facts and figures about the

European Union

and the G20


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2 Facts and Figures about the European Union and the G20

EU participation

in the G20Did you know that

the European Union is represented at lead-ers level by the President o the EuropeanCommission, Jean-Claude Juncker, and thePresident o the European Council, Herman

Van Rompuy.

... the European Union set out its views on theG20 agenda in a joint letter o the Presidentso the European Commission and the Europe-an Council on 21 October 2014:http://europa.eu/rapid/press-release_MEMO-14-600_en.htm

the G20 leaders process was born afer ajoint EU-US initiative back in 2008 to tacklethe global financial crisis.

the European Union is a ull member othe G20 alongside our o its Member States:France, Germany, Italy and the United King-dom. In addition, Spain is a permanent inviteeo the G20.

the EU has its own seat at the G20 tablebecause it is one o the largest global eco-nomic areas with specific competences intrade matters, economic policy and financial

regulation, development, energy and climatechange.

Australia is the current holder o the G20presidency and Prime Minister Tony Abbottwill chair the G20 leaders summit in Brisbane(Queensland) on 15-16 November 2014.

Turkey will hold the G20 presidency in2015 and will host the tenth edition o theG20 leaders summit. Previous summitswere hosted by the United States (2008 and2009), the United Kingdom (2009), Canada(2010), the Republic o Korea (2010), France(2011), Mexico (2012) and Russia (2013).
http://europa.eu/rapid/press-release_MEMO-14-600_en.htmhttp://europa.eu/rapid/press-release_MEMO-14-600_en.htmhttp://europa.eu/rapid/press-release_MEMO-14-600_en.htmhttp://europa.eu/rapid/press-release_MEMO-14-600_en.htm


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3Facts and Figures about the European Union and the G20

Demography

Did you know that

... the EU with its 507.4 million inhabitantsaccounts or 7.2 % o the world population.

... the EU is the third largest member o theG20 in terms o population, afer China andIndia.

Source: UN, Eurostat, 2014

Rest of the world

ChinaIndia

EU-271

IndonesiaBrazil

Remaining G20 countries2

United States

%34.9

19.817.4

7.2

4.5

3.52.8

9.9

1 Provisional2 Russia, Japan, Mexico, Turkey, South Arica, South Korea,

Argentina, Canada, Saudi Arabia and Australia


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Growth

Did you know that

the EU accounts or 24.1 % o the worldsGDP.

... GDP per capita (in ) in the EU with its 28Member States is 25 700 and in the eu-ro-area 28 600, which places Europe among

the five most perorming economies (2013).

EU GDP grew by nearly 35 % during 1995-2008, reduced by less than 1 % over 2008-2010 and grew again by more than 1,3 %

over 2010-2013. Over the last 19 years, thisrepresents an average annual growth o 1.8%

Rest of

the world

GDPEU GDP

24.1%

GDP**/capita 2013 dollars Exchange rate 2013 euro

EU-28 25.700

EA-18 28.600

Germany* 33.300

France 31.300

Italy 25.600

United Kingdom 29.600

Argentina 14.708,61 1,3281 11.075

Australia 64.578,19 48.624

Brazil 11.172,52 8.412

Canada 52.037,15 39.182

China 6.958,69 5.240

India 1.509,50 1.137

Indonesia 3.509,82 2.643

Japan 38.467,79 28.965

Korea, Rep. 25.975,07 19.558

Mexico 10.649,91 8.019

Russian Federation 14.591,33 10.987

Saudi Arabia 24.953,09 18.789

South Africa 6.621,12 4.985Turkey 10.721,06 8.072

United States 53.000,97 39.907

Source: Eurostat* until 1990 ormer territory o the FRG** expressed in nominal terms


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... EU27 GDP in 2008 was 2.13% or 233billion higher than it would have been i theSingle Market had not been launched in 1992.

... the level o employment would have been1.32% lower (2.77 million jobs) comparedto its actual level in 2008 without the SingleMarket.

65% o EU exports go to other EU MemberStates. More than 60% o the EUs oreign

direct investment (FDI) is invested inside theEU (2011).

... thanks to the euro, intra-euro area trade

rose by 5-15%, and intra-euro area invest-ment flows by 15-35%

the European Commission is preparingan ambitious Jobs, Growth and InvestmentPackage that will strengthen Europes com-petitiveness and to stimulate investment orthe purpose o job creation.

GDP** in billion euro 2013 dollarsExchange

rate2013 euro

Share of worldGDP

EU-28 13.529,84 24.1%

EA-18 9.904,40 17.6%

Germany* 2.809,48 5.0%

France 2.113,69 3.8%

Italy 1.618,90 2.9%

United Kingdom 2.017,40 3.6%

Argentina 610,288 1,3281 459,520 0,8%

Australia 1.505,92 1.133,894 2,0%

Brazil 2.246,04 1.691,166 3,0%

Canada 1.826,77 1.375,475 2,4%

China 9.469,12 7.129,828 12,7%

India 1.876,81 1.413,155 2,5%

Indonesia 870,275 655,278 1,2%

Japan 4.898,53 3.688,374 6,6%

Korea, Rep. 1.304,47 982,206 1,7%

Mexico 1.260,92 949,413 1,7%

Russian Federation 2.096,77 1.578,777 2,8%

Saudi Arabia 748,45 563,549 1,0%

South Africa 350,8 264,137 0,5%

Turkey 819,99 617,416 1,1%

United States 16.768,05 12.625,593 22,4%

World 74.699,26 56.245,206 100%

Source: Eurostat* until 1990 ormer territory o the FRG** expressed in nominal terms


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this Jobs, Growth and Investment Package,which will be presented beore Christmas2014, will allow or the mobilasation o upto 300 billion in additional public and pri-vate investment in the real economy over thenext three years, by making better use o thecommon EU budget and o the support o theEuropean Investment Bank (EIB).

this additional investment will be ocusedon inrastructure, notably broadband and en-ergy networks as well as transport inrastruc-ture in industrial centres; education, researchand innovation; renewable energy and energyefficiency; and projects to help young peoplefind work.

The positive impact of the single market in terms of

economic integration

FDI

Trade

Growth

and

jobs

Intra-EU export =

64% of total exports

Intra-EU FDI =

58% of total FDI

2.13% extra GDP

over 1992-2008

500 per head

2.77 million jobs

Source: Eurostat, European Commission


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Rebalancing the

economyDid you know that

... in 2013 the EU28 had a lower governmentdeficit (- 4.0% o GDP) than the United States(- 8.5% o GDP) and Japan (- 10.2% o GDP).

... in 2013 the EU28 had a lower governmentdebt (85.3% o GDP) than the United States(106.5% o GDP) and Japan (237.9% o GDP).

in January 2014, Latvia became the18theuro area Member State, and that the eurowill be introduced in Lithuania as o 1 Janu-ary 2015.

... the ESM (European Stability Mechanism)became operational in October 2012, as thepermanent mechanism to provide assistance

GDP**/capitaInflation

(% change on previous year)Government surplus/deficit, %

of GDPGovernment debt,

% of GDP

2012 2013 2012 2013 2012 2013

EU-28 2,6 1,5 -4,2 -3,2 83,5 85,4

EA-18 2,5 1,4 -3,0 -2,9 89,0 90,9Germany* 2,1 1,6 0,1 0,1 79,0 76,9

France 2,2 1,0 -4,9 -4,1 89,2 92,2

Italy 3,3 1,3 -3,0 -2,8 122,2 127,9

United Kingdom 2,8 2,6 -8,3 -5,8 85,8 87,2

Argentina 10,0 10,6 -3,2 -2,8 37,6 41,0

Australia 1,8 2,5 -3,5 -3,5 27,1 28,6

Brazil 5,4 6,2 -2,8 -3,3 68,2 66,2

Canada 1,5 1,0 -3,4 -3,0 88,1 88,8

China 2,6 2,6 0,2 -0,9 37,4 39,4

India 10,2 9,5 -7,4 -7,2 66,6 61,5

Indonesia 4,0 6,4 -1,7 -2,1 24,0 26,1

Japan -0,0 0,4 -8,7 -8,2 237,3 243,2

South Korea 2,2 1,3 1,6 0,7 32,3 33,9

Mexico 4,1 3,8 -3,7 -3,8 43,2 46,4

Russia 5,1 6,8 0,4 -1,3 12,7 13,9

Saudi Arabia 2,9 3,5 14,7 8,7 3,6 2,7

South Africa 5,7 5,8 -4,3 -4,4 42,1 45,2

Turkey 8,9 7,5 -1,4 -1,5 36,2 36,3

United States 2,1 1,5 -8,6 -5,8 102,5 104,2

* until 1990 ormer territory o the FRG** expressed in nominal terms Source: Eurostat


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or euro area Member States in financialdifficulty.

... altogether, the EU and the euro area have

mobilised a firewall o around 800 billion (=$1 trillion).

... the European Union has overhauled andthoroughly strengthened its mechanisms orthe coordination and surveillance o economicand budgetary policies.

... each year by mid-October euro area Mem-ber States present their draf budgetary plansto the European Commission and ellow euro

area Member States.

... the European Commission issues every year(last time on 2 June 2014) a set o coun-try-specific recommendations or each Mem-ber State and or the euro area as a whole,on budgetary and economic policies and withoperational guidance or preventive action percountry.

... euro area Member States are subject to athree-step sanctions procedure i they devi-ate rom the maintenance o sound publicfinances: going rom an interest-bearingdeposit with the Commission, to a non-inter-est-bearing deposit, to a fine.

the fiscal stance o many EU MemberStates improved considerably so that Exces-sive Deficit Procedures or eleven MemberStates could be abrogated in 2012 and 2013.

...the current account adjustment in the euroarea is underway. The improvement in the netexport perormance o the countries hardesthit by the crisis is driven not only by a all indomestic demand but also by an increase intheir competitiveness.

... the EU, together with Member States andthe IMF, has taken unprecedented action tohelp countries acing severe financial pres-

sure to implement a challenging economicreorm agenda.

Greece, Ireland and Portugal are orecast toexperience GDP growth in 2014 ollowing theimplementation o crucial growth enhancingreorms.

69% o citizens in the euro area think thatthe euro is a good or the EU.

70% o citizens in the euro area agree thateconomic reorms are more effective whencoordinated at EU level.


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Employment

Did you know that

the EU is tackling the challenge o youthunemployment with a comprehensive ap-proach based on the Youth Guarantee toensure that all young people up to 25 re-ceive a good quality offer o employment, anapprenticeship, a traineeship or the chance to

continue their education within our monthso leaving ormal education or becoming un-employed. G20 Employment Ministers meet-ing in Cairns in September 2014 recognisedthe EUs pioneering efforts to address youthunemployment through the Youth Guarantee.

this Youth Guarantee is financially support-ed by the European Social Fund (ESF) and theYouth Employment Initiative (YEI)

the Youth Employment Initiative supportsyoung people not in employment, educationor training in the Unions regions where youthunemployment exceeds 25%, by undinghiring subsidies, traineeships, apprenticeships,urther education and training and providingsupport or starting a business. With a budgeto 6.4 billion, it amplifies the support provid-ed by the ESF or the implementation o theYouth Guarantee.

the European Social Fund (ESF) is the mainEU instrument to invest in people. It providesaround 12 billion a year to improve jobprospects or millions o Europeans, support-ing structural reorms to enhance the com-petitiveness o the European economy. TheFund aims in particular to strengthen employ-ment, mobility, skills and education, improvesocial inclusion and reinorce public services.The ESF also supports the job creation poten-

tial o expanding sectors such as the greeneconomy, healthcare and ICT.

rom 2007 to end 2012, over 68 millionpeople participated in measures backed bythe ESF, including over 20.9 million youngpeople (under 25) .

rom 2007 to end 2012 the ESF helped

over 5.7 million participants find a new job, around 8.6 million participants obtained aqualification and around 550,000 new peo-ple became sel-employed or started a newbusiness.

that the EU is promoting decent work andthat all 28 EU Member States have ratifiedthe International Labour Organizations eightundamental conventions on core labourstandards.

that health insurance systems o EU Mem-ber States provide universal access to healthcare.

that EU Member States have embarked inreorms to modernise welare systems andenhance social investment. The objective isto make social policy spending more efficientand effective in guaranteeing an adequate

standard o living, increasing opportunities todevelop skills and capabilities, and acilitatingparticipation in society and the labour market.


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Trade

Did you know that...

the EU remains the largest economy in theworld, with a per capita GDP o 25,700 orits more than 507 million consumers, whichrepresents a 13.5 trillion economy.

thanks to the openness o its trade regime

the EU remains the biggest player on theglobal trading scene and a good region to dobusiness with. It is the top trading partnero more than 80 countries, among them theUnited States, China, Russia, India, Brazil,South Arica.

the EU is the largest exporter and the larg-est importer o goods among the G20. Everyday, Europe exports several billion eurosworth o goods and imports several billionsmore. This amounts to nearly 1.74 trillion oexports and 1.68 trillion o imports annually.

... the EU had in 2013 a significant trade sur-plus o more than 227 billion.

the United States, Japan and BRICs countamong EUs main partners as regards notonly trade in goods but also in commercialservices.

trade is a motor or growth. For instance,

the annual budget o an average Europeanamily should increase by some additional500 once the EU-US negotiations launchedin June 2013 are successully concluded. Therest o the world also stands to benefit romthe positive impact o this trade agreement,as it is set to produce a spill-over effect add-ing an extra 100 billion to the world econo-my.

the EU has concluded a number o otherimportant trade agreements and is in theprocess o negotiating many more.

oreign direct investment (FDI) also makesa significant positive contribution to thecompetitiveness o European enterprises and

plays an increasingly importantrole in the EUs GDP growth.

the EU is the largest source

and destination o oreign directinvestment in the world meas-ured by both stocks and flows,attracting investments worth327 billion rom the rest o theworld in 2013 alone. In 2012 EUoutward stocks o FDI amount-ed to 46% o the world outwardinvestments, while EU inwardstocks accounted or 34% o theglobal total.

2012 figures. Source: Eurostat

EU 15.5%

RUSSIA 3.8%

CANADA 3.3%

US 11.1%

MEXICO 2.7%

BRAZIL 1.7%

CHINA 14.7%JAPAN 5.7%SOUTH KOREA 3.9%

INDIA 2.1%

Rest of

the world

3.8%

Share of national exports in world exports


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United States

449 billion

351 billion

Brazil

52 billion

44 billion

Russia

151 billion

228 billion

China

174 billion

310 billion

India 50 billion

48 billion

Japan

80 billion

79 billion

EU28 exports and imports of goods and commercial services in 2013

(in billion )

EU Trade relations around the world

456 billion

346 billion

55 billion

37 billion

49 billion

48 billion

181 billion

289 billion

77 billion

71 billion

148 billion 216 billion


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Financial regulation

Did you know that

... over the last six years the EU has beencommitted to strengthening regulation andsupervision o the financial sector to providean effective response to the financial crisisand to ensure that the financial sector canplay an effective part in putting the EU back

on a path o smart, sustainable and inclusivegrowth, creating jobs and enhancing compet-itiveness.

with its international partners rom theG20, the EU has pursued a comprehensiveand shared programme or financial reormaimed at strengthening the financial sector atglobal level..

the EU established a Banking Union tobreak the harmul links between sovereigndebt markets and banks and to protecttaxpayers rom banking crises. BankingUnion is a key pillar o a deeper integrated

Economic and Monetary Union, alongsidemore integrated budgetary and economicpolicy rameworks, and increased democraticaccountability.

... the Banking Union comprises a Single

Supervisory Mechanism, a Single ResolutionMechanism, and harmonised rules or depositguarantee schemes

... the Single Supervisory Mechanism (SSM)places the European Central Bank (ECB) asthe central prudential supervisor o financialinstitutions in the euro area

... since 4 November 2014, the ECB ully as-sumes supervisory tasks and responsibilitiesin the ramework o the Single SupervisoryMechanism (SSM).

Apr 2009 Hedge Funds & Private Equity (AIFMD)

July 2009 Remuneration & prudential requirements for banks (CRD III)

Sep 2010 Derivatives (EMIR)

July 2010 Deposit Guarantee Schemes

Nov 2008

June 2010

Nov 2011

Credit Rating Agencies

July 2011 Single Rule Book of prudential requirements for banks: capital, liquidity & leverage +

stricter rules on remuneration and improved tax transparency (CRD IV / CRR)

Oct 2011 Enhanced framework for securities markets (MiFID/R)

Oct 2011 Enhanced framework to prevent market abuse (MAD/R)

June 2012 Prevention, management & resolution of bank crises (BRRD)

Sep 2013 Shadow banking, including Money Market Funds

Jan 2014 Structural reform of banks

Jan 2014 Shadow banking: Increasing the transparency of securities financing transactions

2014 Prevention, management & resolution of financial institutions other than banks

Building new

rules for the

global financial

system


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July 2007 Risk-based prudential and solvency rules for insurers (Solvency II)

Sep 2009 Establishment of the European Supervisory Authorities (for banking, capital

markets, insurance and pensions) & the European Systemic Risk Board regulations

July 2010 Investor Compensation Schemes

Aug 2010 Strengthened supervision of financial conglomerates

Sep 2010 Short-Selling & Credit Default Swaps

Dec 2010 Creation of the Single Euro Payments Area (SEPA)

Jan 2011 New European supervisory framework for insurers (Omnibus II)

Feb 2011 Interconnection of business registers

Mar 2011 Responsible lending (mortgage credit)

Oct 2011 Simplification of accounting

Oct 2011 Enhanced transparency rules

Nov 2011 Enhanced framework for audit sector

Dec 2011 Creation of European Venture Capital Funds

Dec 2011 Creation of European Social Entrepreneurship Funds

Mar 2012 Central Securities Depositaries

July 2012 Improved investor information for complex financial products (PRIPS)

July 2012 Strengthened rules on the sale of insurance products (IMD)

July 2012 Safer rules for retail investment funds (UCITS)

Feb 2013 Strengthened regime on anti-money laundering

Apr 2013 Non-financial reporting for companies

May 2013 Access to basic bank account / transparency of fees / switching of bank accounts

June 2013 Creation of European long-term investment funds

July 2013 Revised rules for innovative payment services

(cards, internet & mobile payments)

Sep 2013 Regulation of Financial Benchmarks (such as LIBOR & EURIBOR)

Mar 2014 Long-term financing of the European economy / Revised rules for occupational

pension funds (IORP)

Apr 2014 Revision of the Shareholder Rights Directive

Establishing asafe, responsible

and growth-

enhancing

financial sectorin Europe

Sep 2012 Single Supervisory Mechanism

July 2013 Single Resolution Mechanism

Completing the

Banking Union to

strengthen the

euro

Actions completed Proposals presented by the Commission butnot yet adopted by the co-legislator

Work ongoing


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... the Single Resolution Mechanism (SRM) willapply to banks covered by the SSM. In caseswhere banks ail despite stronger supervision,the mechanism will allow bank resolution to

be managed effectively through a Single Res-olution Board and a Single Resolution Fund,financed by the banking sector. Its purposeis to ensure an orderly resolution o ailingbanks with minimal costs or taxpayers andto the real economy.

... the Banking Union is built on the ounda-tions o the EUs single rulebook which coversall 8,000 banks in the European Union.,

the EU leads in the implementation o G20commitments or financial regulation. The Eu-ropean Union has adopted almost 40 legisla-tive acts linked to the G20 commitments

... in particular, Europe is one o the firstjurisdictions in the world delivering on all theagreed G20 commitments to strengthen reg-ulation and supervision o the banking sector,as set out in the single rulebook.

the financial reorms in Europe also includecompulsory trading and clearing o deriv-atives on well-regulated and transparent

platorms and reorms to the way financialbenchmarks are set

the EU is now working with its G20 part-

ners to finalise the policies needed to managesystemic risk wherever it originates in thefinancial system. This comprises in particu-lar the measures that should be applied tothose financial institutions and inrastructureswhich may pose systemic risks;

the Financial Stability Board (FSB) esti-mates the size o the global shadow bankingsystem at around 51 trillion in 2011, uprom 21 trillion in 2002. This represents 25-

30% o the total financial system and halthe size o bank assets. Shadow banking isthereore o systemic importance or Europesfinancial system

the EU also leads the way in taking stepsto address the risks, but also to realise thepotential to und the real economy, romshadow banking. This includes the proposalon Money Market Funds and Securities Fi-nancing Transactions.


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Taxation

Did you know that

the EU is the global pioneer in automaticexchange o inormation or tax purposes.Since 2005, automatic inormation exchangehas been the EU standard or savings income,under the Savings Tax Directive. In March2014 the scope o this legislation was en-

hanced to enable Member States to tax sav-ings revenues according to their own nationaltax rules.

in October 2014, Member States agreedto urther extending the automatic exchangeo inormation within the EU, covering thebroadest scope o financial account inor-mation. From 2017 this will ensure that theEU has the widest multilateral system o taxinormation exchange in the world.

in December 2012, the Commission setout an Action Plan to combat tax raud andevasion. At EU level, major steps have beentaken to clamp down on corporate tax avoid-ance. The steps include countering hybridmismatch arrangements and the continuedactions against harmul tax regimes. The EUis also taking an active role in supporting thework o the OECD on actions to counter Base

Erosion and Profit Shifing.

in May 2014 the High Level Expert Groupon Taxation o the Digital Economy present-ed its report about the particular challengeso taxing the digital economy and proposedsolutions to ensure air and effective taxationo international business profits in a period ocontinuous digitalisation, while not creatingtax obstacles to this pro-growth development.

the EU is active internationally to pro-mote with its partners the fight against taxraud. In May 2013 EU Member States gavea mandate to the European Commissionto negotiate stronger tax agreements withSwitzerland, Andorra, Monaco, San Marino

and Liechtenstein. In October 2014 the Mem-ber States and Switzerland signed the Jointstatement setting out possible next steps infighting harmul tax competition in businesstaxation to be undertaken by Switzerland andthe Member States.

a regionally harmonised ramework or Fi-nancial Transaction Taxes is becoming realityin the EU. Based on a Commission proposalit is currently being discussed by 11 MemberStates. These 11 Member States, represent-ing 1/6th o the global economy, decided toproceed with a common FTT together, underenhanced cooperation, when it was not pos-sible to get unanimous agreement amongstall EU Member States on an initial Commis-sion proposal tabled in 2011. These memberStates, however, decided to only progressivelyimplement the ramework, with a first stepocusing on shares and some derivatives by

1/1/2016. The objectives o the harmonisa-tion are to ensure a air contribution rom thefinancial sector to the public purse, preventthe ragmentation o the Single Market that aprolieration o national financial transactiontaxes would cause, and deter irresponsible,overly-speculative and short term orientedmarket activity. Once agreed, this will be thefirst ever internationally harmonised regionalFTT to be applied in the world.


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Development

Did you know that

... Europe is the worlds biggest donor odevelopment aid? The EU spent 0.43% o itsgross national income (56.5 billion) in 2013.This accounts or more than hal o the glob-al aid.

the EU has the most generous preeren-tial trade system in the world or developingcountries, granting duty-ree and quota-reemarket access or 49 Least Developed Coun-tries under its Everything But Arms scheme?

Europe is the largest importer o goodsrom least developed countries and import-ed Arican goods worth 168 billion in 2013(about 10% o total extra-EU imports) aswell as being its main export market (37% oArican exports).

... the EU and Member States remained theworlds largest Aid or Trade donor in 2012.With 39% Arica accounted or the largestshare in Aid or Trade.

... the EU has adopted in 2013 an EU law insupport o the Extractive Industries Trans-parency Initiative (EITI), which requires the

disclosure o payments to governments in theextractive (oil, gas and mining) and orestrysectors.

... the European Commission proposed, in2014, a Regulation and accompanying meas-ures on the extraction and exploitation ominerals originating rom conflict-affected ar-eas to prevent revenues to be used to financeconflicts.

the EU has set up a Food Facility which hashelped improve the lives o more than 59million people in 49 developing countries be-tween 2009 and 2012. Results included thevaccination o over 44 million livestock andtraining o 1.5 million people in agricultural

production.

the EU helping to build a regional oodreserve in West Arica with a stock o about400,000 tons (mainly cereals), to support theregion to cope with a potential ood crisis andmobilise a rapid and autonomous response,benefiting approximately 350 million people.

thanks to EU financial support, rom 2004until 2012 more than 70 million persons indeveloping countries have gained accessto drinking water and more than 24 millionpeople gained access to improved sanitationacilities.

under the Sustainable Energy For All Initi-ative the EU will assist developing countriesin providing energy access or 500 millionpeople by 2030; the EU has already beeninvolved in more than 150 projects in ACP

countries, bringing modern energy services tobetween 15 and 16 million people worldwide.


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Energy and Climate

ActionDid you know that

the European Union has changed the termso the debate on energy and climate policy.Fighting climate change, reducing Europesenergy dependency, increasing energy effi-

ciency and renewables have been integratedinto a single policy. Environmentalists haveaccepted the need or competitiveness whilethe business community has embraced theeconomic benefits o fighting climate change.

the European Union inspired the most ad-vanced binding targets in the world to tackleclimate change by 2020, and that these arealready in law.

... that the 2014 October European Councilagreed an ambitious 2030 climate and en-ergy policy ramework, in line with the Com-missions proposal o 22 January 2014. TheEuropean Council in particular endorsed ourtargets:

a binding EU target o 40% less green-house gas emissions by 2030, compared to1990

a target o at least 27% renewable energyconsumption

a 27% energy efficiency increase

the completion o the internal energymarket by achieving the existing electricityinterconnection target o 10% and linkingthe energy islands - in particular the Balticstates and the Iberian Peninsula

... that, on energy security, the October Eu-ropean Council endorsed urther measuresto reduce the EUs energy dependence and

increase the security o its electricity and gassupplies.

... that his agreement confirms the EUs globalleadership in the areas o climate action andenergy policy.

by moving first, the European Union has ledthe international fight against climate changeand pushed the ambition o our partners.

Europe has consistently reduced its emis-sions over the last two decades, by 19% since1990 while the economy grew by 45%.

the European Union imports 53% o theenergy that it consumes, costing more than1 billion a day.

the EU has mediated in the Russia-Ukraineenergy disputes in 2006, 2009 and 2014,and that we are also bringing in new suppli-ers.

we are investing in new inrastructure to

diversiy supply and transit routes and thatwe are investing 33 billion in European inra-structure.

China India EU US

Changes in GHGemissions (1990-2011) +214% +130% -18% +8%

% global GHGemissions (2011) 24% 6% 10% 15%

CO2emissions per capita

(2012) 7.1 1.6 7.4 16.4

source: CAIT, UNFCCC, PBL/EDGAR


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