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Spain 2050 strategy: circular and carbon-neutral economy

Source: IEA/IRENA Renewables Policies Database
Last updated: 6 October 2021

The Spain 2050 strategy, a report that sets 50 milestones for 2050, contains objectives to transform Spain's society to be carbon-neutral, sustainable and resilient to the climate change. It sets a target for a circular and carbon neutral economy, indicated by a reduction of water demand, reduction of the intensity in the use of primary energy, electricity coming from renewables, environmental tax collection share of GDP, share of ecological farming, and reforestation rate. To achieve these goals, Spain will have to support and invest massively in green energies, electric vehicles, innovative industrial processes, waste management, sustainable farming and will deploy a “green” tax reform.

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