Annual Report 2014
Country Reports


HE Bernard Fautrier Government of the Principality of Monaco

On the instigation of H.S.H. Prince Albert II, the environment and subjects related to sustainable development are among the most important political priorities in the State of Monaco, on both a national and international level. The actions of the Princely Government take into account the topics of biodiversity, the management of resources and the reduction of greenhouse gases and also a specific policy towards the establishment of a sustainable city.

The Principality of Monaco joined the OES in June 2013. This action was part of the Government concerns for combating climate change and recognizing the relevance for international cooperation. Monaco is a coastal country with 2,02 km2 of area, bordered by the Mediterranean Sea, with a coast length of 3829 m.

In Monaco, ocean energy projects have been demonstrated through the usage of sea water heat pumps to generate energy.



The Government pursues a decisive sustainable development policy aimed at achieving full compliance with the Principality’s undertakings, in particular with the Kyoto Protocol. This intention is expressed through local initiatives on the Monegasque territory and through cooperation work in developing countries.

In line with the provisions of the Kyoto Protocol, Monaco has set itself the target of improving energy efficiency by 20% and achieving 20% of final energy consumption from renewable sources by 2020. To this end, the deployment of the Climate and Energy Plan includes technical, regulatory, financial and awarenessraising campaigns.

Carbon neutral by 2050:
During his participation at the 15th United Nations Climate Change Conference in 2009 in Copenhagen, H.S.H. the Sovereign Prince unveiled new directions for the Principality. Monaco will take part in efforts to stabilize the global warming of the planet by reducing its greenhouse gas emissions by 30% in 2020 and 80% in 2050 (by which time the Principality will be carbon neutral) with respect to the reference date of 1990. 

In addition, the Princely Government funds projects in several developing countries, forming part of the Clean Development Mechanisms (CDMs) laid down by the Kyoto Protocol.


Monaco wishes to develop ocean energy. Currently, sea water heat pumps produce a significant share of the Principality’s energy needs.