It shows how a firm commitment to achieving decarbonisation objectives guarantees greater economic, employment and energy independence benefits at European level compared to scenarios with reduced ambitions.

The study defines two scenarios for decarbonisation by 2050 in Italy and Spain, the investments required and the economic, social and environmental benefits. It identifies two prerequisites and five policy proposals to overcome the difficulties of the energy transition in the European Union, Italy and Spain.

The research highlights the importance of policies capable of accelerating the energy transition and achieving a zero emissions economy by 2050, priorities that are essential not only for ensuring the planet’s sustainability, but also for attaining greater energy independence and security while creating economic value and employment. The study analyses progress in the energy transition in Italy and Spain, quantifying the shortfalls with respect to objectives for the reduction of greenhouse gas emissions, the increased use of renewables, and improvements in energy efficiency. It defines the decarbonisation scenarios for 2050 in the two focus countries, identifying the investments necessary and the economic, social and environmental benefits that can be obtained. It identifies 2 prerequisites and 5 policy proposals to overcome current shortcomings in the energy transition in the European Union, Italy and Spain.