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Ley 7/2021, de 20 de mayo, de cambio climático y transición energética

Law 7/2021, of May 20, on climate change and energy transition

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Summary

This law sets out a comprehensive framework for Spain's transition to a more sustainable, low-carbon economy. It establishes targets for reducing greenhouse gas emissions and increasing the share of renewable energy in the country's energy mix. The law also includes measures to promote energy efficiency, sustainable mobility, and circular economy practices. It establishes a framework for financing the transition to a low-carbon economy and provides for the creation of a new regulatory authority to oversee the implementation of the law. The aim of the law is to ensure that Spain contributes to the global effort to combat climate change and to promote sustainable development in the country.

Issuer

Spain

Year

2020

Region

Europe

Issuer (type)

Ministry for the Ecological Transition and the Demographic Challenge (Government)

Instrument type

Law

Disclosure instrument

No

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

    • Low 0.55%
    • Low 0.00%
    • E focus: climate change, climate risk, conservation, emissions, energy, environment, fisheries, forests, greenhouse gas, land use, pollution, radioactive waste, renewable energy, renewables, resource efficiency, restoration, soil, sustainable finance, sustainable mobility, waste, water, wetlands, biodiversity
    • S focus: compensation, social impacts, value creation, children
    • G focus: financial reporting, risk management, accountability
    • Agriculture, Construction, Finance, Management, Manufacturing, Mining, Transportation