Lithuania's government on Monday endorsed the country's National Climate and Energy Plan (NECP) for 2021-2030, which is set to be submitted to the European Commission this year.
The plan covers five key areas, and includes reducing the dependence on fossil fuel, increasing energy efficiency and security, developing the internal energy market, and developing research and fostering innovation. The government also plans to completely stop using coal and oil products for heating.
"Lithuania's updated plan for fighting climate change is ambitious and it should be taken into account when planning investment in the EU's next financial perspective," Energy Minister Žygimantas Vaičiūnas said in a statement.
Each EU member state needs to implement different commitments based on their economic and environmental situation.
Lithuania is required to reduce greenhouse emissions by 9 percent by 2030 in comparisson to the 2005 level, reduce energy use intensity by at least 1.5 times in comparisson to to 2027, and increase the share of renewable resources in its energy sector by 45 percent.
Once the measures are implemented, the greenhouse emissions in Lithuania's transport sector would drop by 8.1 percent, 9.1 percent in the agricultural sector, 9.8 percent in the industrial sector and 52.4 percent in the waste sector by 2030.
The measures will need investment of around 14 billion euros, according to the government-approved plan.