Switzerland's Long-Term Climate Strategy.

The Switzerland's Long-Term Climate Strategy is a national multisectoral strategy for the period 2021-2050. Its main objective is to achieve balanced greenhouse gas performance by 2050 at the latest (net zero).
This means achieving equilibrium between sources of emissions and removal and covers all internationally governed greenhouse gases (not just CO2); includes all sectors in the greenhouse gas inventory (energy, industrial processes and product usage, agriculture, land use, land use changes and forestry (LULUCF), waste and others); covers the emissions within Swiss national borders (territorial or point of sale principle); also includes the emissions from international aviation and shipping attributable to Switzerland; does not determine specific domestic and international shares for emission reductions; represents an interim goal where future development after 2050 is still undecided.
The Long-Term Climate Strategy outlines how the net-zero target can be achieved by 2050. It outlines the Federal Council's views on the direction of Switzerland's long-term climate policy and, in an initial step, sets out ten overarching strategic principles which are crucial to attaining the net-zero target from a present-day perspective. These principles aim to provide guidance for climate policy but also other related policy areas.
The Principles are: 1. Switzerland will seize the opportunities presented by a systematic transition to net zero; 2. Switzerland will assume its climate policy responsibility; 3. Reducing emissions in Switzerland will take priority; 4. The emissions will be reduced across entire value chains; 5. All energy sources will be used efficiently taking account of their optimal utilization; 6. The Swiss Confederation and the cantons will gear their planning activities to the net-zero target in all climate-relevant areas; 7. The transition to net zero will be carried out in a socially acceptable way; 8. The transition to net zero will be carried out in an economically viable way; 9. The transition to net zero also improves environmental quality; 10. The Long-Term Climate Strategy is based on the principle of openness to all types of technology.
The Strategy further outlines the strategic goals and challenges in the individual sectors such as building sector, industry, transport, aviation, financial market, negative emissions technologies, synthetic gases, food and agriculture and waste sector.
The conversion of the energy system requires investment in plants and infrastructure as well as emission-reducing and efficiency-increasing measures in buildings, transport and industry. Costs are also incurred on the operation and maintenance of these plants. The withdrawal from fossil heating and motor fuels and increasing energy efficiency also results in savings on energy costs. The cumulative additional costs over the period 2020 to 2050 amount to 73 billion francs in total. The annualised investments required are broken down by sectors.