In line with the ambitions set by H.S.H. Prince Albert II, the Principality of Monaco implements an economic policy based on the objectives of sustainability and environmental preservation.
The Administration of the Principality leads by example through a proactive approach to eco-responsibility. Whether in terms of strategic investments, urban development, mobility, preservation of natural heritage, water management, green spaces, energy, or waste, every aspect of government action reflects this commitment to the country’s sustainable development.
State investment in certain energy transition–related infrastructures thus generates added value and employment. This is notably the case with the development of thalassothermal loops, the deployment of the Monaco ON electric vehicle charging network, and the implementation of a deposit-return system covering the entire territory of the Principality: MaConsigne. These investments also help steer the Monegasque economy toward more locally anchored value creation.
Beyond State investments, the mobilization of associative and private stakeholders within the Monegasque community contributes at all levels to this dynamic.
The National Pact for the Energy Transition provides a framework for its 411 signatory entities, which are engaged in a virtuous process and, while each contributes to the overall success of public policies aimed at decarbonizing the economy, are also preparing for their future. Although not subject to regulations requiring carbon reporting of their activities, Monegasque companies must nevertheless respond to the growing expectations of their clients and stakeholders in this area, and may also be indirectly affected by an increasing number of foreign environmental regulations (hotels, banks, exporting companies, etc.).
This collective mobilization also strengthens the attractiveness and international profile of the Principality. The Department of Tourism and Congresses has therefore established a dedicated unit tasked with identifying and implementing all possible improvements in both business and leisure tourism, in close collaboration with all relevant stakeholders.
The Government is making energy savings
Since 2006 the State has been committed to a programme of energy saving in public buildings. The overall reduction in energy consumption on fifty different sites has reached 26%.
The European Energy Award certification
The Principality obtains certification for its Energy and Climate PlanOn Friday 14 November 2014, Ms Marie-Pierre Gramaglia, Minister of Public Works, the Environment and Urban Development, received the European Energy Award certification from Mr Walter Steinmann, President of the European Energy Award Forum and Director of the Swiss Federal Office of Energy.The European Energy Award certificationThe European Energy Award (EEA) certification is a recognised benchmark in Europe, bringing together eight European countries, including Monaco, alongside four pilot countries. Today, nearly 40 million people live in a territory participating in the process, across more than 1,200 urban communities.halfWidthA tool supporting an ambitious energy and climate policyThe EEA certification aims to certify the quality of environmental policy implemented within a territory and to provide tools for sharing experience and guidance drawn from policies implemented by other States/communities.More broadly, this certification supports the Prince's Government:In implementing the main objectives of Monaco's Energy and Climate Plan:Securing the Principality's electricity supplyImproving building energy efficiency by 20% by 2020 compared with 2006Achieving 20% renewable energy as a proportion of total energy consumed in Monaco by 2020 Meeting greenhouse gas emission reduction targets: -30% emissions by 2020 (compared with 1990); -80% emissions by 2050; carbon neutrality by 2050 (i.e. offsetting residual greenhouse gases)In its strategy to anticipate and mitigate the effects of climate change in Monaco by involving all relevant stakeholdersUnwavering commitment since 2010EEA certification of the Energy and Climate Plan marked the culmination of a certification process initiated in 2010 by the Government under the impetus of H.S.H. the Sovereign Prince.Beyond certification, Monaco is committed through the EEA to a process of continuous improvement in support of proactive environmental policy.Following a baseline assessment carried out in 2012, government departments conducted numerous participatory workshops throughout 2013, bringing together all stakeholders involved in the energy and climate initiative. The outcomes of these workshops enabled the definition of an action plan comprising 55 actions covering the following 6 areas:Territorial planningHeritageCommunication and cooperation Internal organisationEnergy, water and sanitation supplyMobility2014: the year of certification2014 is the first year of implementation of this action plan, which will be rolled out and enhanced over the next four years, the duration of EEA certification. This process will be driven and coordinated on an annual basis through thematic workshops and steering committee meetings.On 13 and 14 November 2014, Monaco hosted the Annual General Meeting of the EEA Forum, at the end of which the EEA certification was awarded to the Prince's Government.
Measures to manage energy consumption in the Principality
Building on its commitment to the fight against climate warming, the Prince’s Government would like to remind you how important it is to adopt good habits to reduce your energy consumption. Follow our advice on doing something to help the environment, and learn more about the financial assistance available to you.
Monaco, a sustainable town
The Government is fully mobilised to maintain the town’s quality of life and has initiated a proactive sustainable development policy.
Promoting energy transition and bringing nature back to the city
The Government
