The Environment Ministers from the Flemish, Brussels, and Walloon Government finally reached an agreement at around 2am on Saturday morning.
The agreement outlines how the efforts to reduce carbon emissions over the next four years and how much the percentage of renewable energy should be.
Each region’s share of the sale of emissions’ rights and their share of the Belgian contribution to the international climate fund have also been agreed.
The details of the agreement
Although no details have been officially released, VRT News has been also to get hold of a copy of the agreement. Flanders will have to cut carbon emissions by 15.7% over the next four year. This is 14.7% and 8.8% respectively in Wallonia and Brussels.
Meanwhile, the Federal Government has promised technical measures that will effect on the transport industry as well as evaluation and control mechanisms.
All together the agreement should result in a 15% reduction on 2005 emissions levels by 2020. As regards renewable energy, the agreement means that 13% of our energy should from renewable sources by 2020.
The estimated 326 million euro that has been made from the sale of emission rights in the period between 2013 and 2015 will be divided: 50% for Flanders, 29% for Wallonia, 6% for the Brussels-Capital Region and 15% for the Federal Government.
The estimated 188 million euro for the period between 2016 and 2020 will be divided: 50% for Flanders, 30% for Wallonia, 8% for Brussels and 12% for the Federal Government.
The Federal Government will pay half Belgium’s contribution to the International Climate Fund, Flanders will pay 29%, Wallonia 16.5% and the Brussel-Capital Regional 4.5%.