The Government Office (Riigikantselei) will order an analysis costing €30,000 to find out the impact of possible additional restrictions related to the European Union's 2030 climate goals on Estonia.
The impact assessment should clarify the socio-economic impact of the ambition of the European Union's 2030 climate targets, including the possible tightening of the currently planned levels, on the Estonian population, economic sectors and the country as a whole.
The European Union members have agreed to achieve climate neutrality by 2050. This would require a reassessment of the targets in the near future. Estonia has not agreed to commit to a 100 percent reduction.
The results of the analysis will be used to form Estonia's position on climate targets. It will also help to develop proposals and arguments for future negotiations.
So far, the European Commission has not published a plan to increase the emission reduction target. It is not known how it will be achieved and what measures will be implemented either across the union or at member state level.
According to the Riigikantselei, the socio-economic impacts must be analyzed with a timeframe perspective of at least until 2030. After that date there is too much uncertainty.
SEI Tallinn and OÜ Finantsakadeemia published academic research titled "Analysis of the Possibilities of Increasing Estonia 's Ambition" last autumn about how to achieve climate neutrality.
They estimate it will cost approximately €17.3 billion to achieve climate neutrality over 30 years.
Editor: Katriin Eikin Sein