Cyprus Achieves Significant 28.9% Reduction In Greenhouse Gas Emission Intensity, Eurostat Reports

by THEFUTURE.TEAM

January 26, 2026

Recent data from Eurostat reveals that Cyprus has recorded a notable 28.9% drop in its greenhouse gas emission intensity between 2013 and 2024. This achievement underscores the country’s progressive strides in environmental management and energy efficiency.

Comparative European Trends

During the same period, the European Union saw its overall greenhouse gas emissions decrease by 20% while simultaneously registering a 20% growth in its gross value added. As a result, the EU’s emission intensity fell by an impressive 34%. Individual member states demonstrated varied progress, with moderate improvements in Luxembourg (-14%), Lithuania (-18%), and Austria (-20%), while Estonia (-64%), Ireland (-50%), and Finland (-44%) recorded the most significant reductions. In contrast, Malta experienced a 17% increase in emission intensity compared to 2013.

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Decoupling Economic Growth and Emissions

According to Eurostat, the total greenhouse gas emissions from the EU economy – incorporating both industrial activities and household consumption – amounted to 3.3 billion tonnes of CO₂ equivalent in 2024. This represents a 1% decrease from 2023 and a 20% drop since 2013, highlighting the effective decoupling of economic growth from environmental impact, a benchmark increasingly recognized in business analyses across sectors.

Sectoral Emission Profiles in Cyprus and the EU

Eurostat’s figures also reveal distinct emission profiles by economic activity. In Cyprus, the electric power and natural gas sector remains the dominant source, accounting for more than 40% of the total emissions, echoing trends seen in Estonia.

Across other EU member states, the data is more diversified. In Latvia, agriculture contributes nearly 30% to overall emissions. In nine countries, manufacturing has been identified as the primary source, whereas in six nations, the transportation and storage sector plays the leading role. Notably, Denmark, Malta, and Luxembourg derive over 50% of their total emissions from transportation-related activities.

Industrial Efficiency and the Path to Decarbonization

On an aggregated EU level, the electric power and natural gas sector recorded the largest improvement in emission intensity per employment, with a 53% decline. This was followed by the services sector (excluding transportation and storage) at 25% and manufacturing at 20%. However, sectors such as agriculture, forestry, and fisheries saw a 21% increase in emissions intensity per employment.

In the energy sector, the observed improvements can be attributed to an 8% increase in operational hours combined with a 49% reduction in emissions – a clear indication of ongoing decarbonization efforts. Similarly, the manufacturing sector has experienced modest yet positive changes in both employment efficiency and emissions reduction.

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EU Services Production Grows As Information And Communication Lead

by THEFUTURE.TEAM

November 10, 2026

Services production continued to expand across the European Union in August 2026, with information and communication recording the strongest annual growth. However, performance varied significantly between industries and member states, while Cyprus reported a mixed picture, with business services expanding and hospitality-related activities declining.

Information And Communication Leads Sector Growth

Compared with August 2025, services production increased by 5.9% in the euro area and 5.8% across the EU in information and communication. Transportation and storage also recorded growth, rising by 2.1% and 1.9%, respectively.

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Real estate activities increased by 1.6% in the euro area and 1.1% in the EU. Professional, scientific and technical activities grew by 1% in both areas, while administrative and support services advanced by 1.1% and 1.3%.

Accommodation and food services was the only major sector to record an annual decline, falling by 0.1% in both the euro area and the EU.

The monthly figures were more mixed. Information and communication remained the strongest performer, increasing by 1.2% in the euro area and 1% across the EU. Real estate activities rose by 0.4% and 0.9%, respectively, while transportation and storage edged up 0.1% in the euro area but declined by 0.2% in the EU.

Administrative and support services recorded modest gains of 0.2% in the euro area and 0.1% in the EU. Accommodation and food services fell by 0.3% and 0.4%, while professional, scientific and technical activities declined by 0.8% and 0.9%, respectively.

Slovakia And Greece Record Strongest Annual Growth

Romania recorded the largest monthly increase in services production, at 5.2%, followed by Malta at 1.8% and Portugal at 1.7%. Luxembourg experienced the steepest decline, with output falling by 5.1%, followed by Bulgaria at 2.3% and Denmark at 1.9%.

On an annual basis, Slovakia led with growth of 10%, followed by Greece at 9.3% and Malta at 7.5%. Hungary recorded the weakest performance, with services production declining by 5.6%. Denmark fell by 5.3%, while Italy recorded a smaller decrease of 0.3%.

Cyprus Sees Growth In Business Services But Weakness In Hospitality

Cyprus’ latest figures show a similar divide between expanding business services and weaker hospitality-related activities. According to the Statistical Service of Cyprus (Cystat), professional, scientific and technical activities recorded the strongest annual growth among the covered sectors in the second quarter of 2026, increasing by 3.4%.

Transportation and storage and information and communication both grew by 2.1%, while real estate activities rose by 1.6%. In contrast, accommodation and food services declined by 3.1% year on year, and administrative and support services fell by 2.2%.

First-half results were more favourable for several sectors. Between January and June, professional, scientific and technical activities grew by 3.5%, transportation and storage by 2.8%, real estate by 2.1% and information and communication by 1.3%.

Nevertheless, administrative and support services contracted by 1% over the six-month period, while accommodation and food services declined by 0.7%.

How Cyprus’ Figures Differ From Eurostat’s Data

The Eurostat and Cystat figures measure different aspects of economic activity and are not directly comparable. Eurostat’s services production index tracks changes in the volume of output, whereas Cystat’s Turnover Value Index for Services and Transport measures the value of sales at current prices.

The reporting periods also differ: Eurostat’s figures cover August, while the cited Cypriot data relate to the second quarter and first half of 2026.

Cystat transmits services production data to Eurostat but does not yet publish a separate national production index. Turnover figures therefore remain the main publicly available national indicator for the sector.

Taken together, the data point to continued growth in several of Cyprus’ business-oriented services, alongside persistent pressure on accommodation, food and administrative support activities.

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