The project “Multidimensional EU cooperation on transforming the EU energy market and tackling climate change”(EUCLIME) addresses the current conditions and future challenges facing the EU in transforming its energy market and tackling global climate change.
The EU's drive to reduce emissions and improve the energy security of EU Member States requires an energy transformation of the EU energy market. The project addresses the EU's capacity-including, inter alia, institutional and financial capacity-to achieve a zero-carbon transformation of the EU energy market. This is an extremely challenging task as it requires addressing key challenges, i.e. ensuring the competitiveness of the EU economy as well as secure and stable energy supplies to EU Member States, tackling global climate change, managing scarce natural resources and pursuing EU economic development, i.e. stimulating economic growth while caring for the environment.
