Belgium – Executive VP Timmermans will present today the European Commission’s Fit for 55 in 2030 package and debate with Environment Committee members of the European Parliament (MEPs), on the day of its adoption.
The European Climate Law adopted in June 2021 transforms the European Green Deal’s political commitment to EU climate neutrality by 2050 into a binding obligation for the EU and member states. It increases the EU’s target for reduction of greenhouse gas (GHG) emissions by 2030 from 40% to at least 55%, compared to 1990 level.
On 14 July 2021, the Commission is set to present its “Fit for 55 in 2030” package to align EU climate and energy policies and ensure the achievement of the more ambitious reduction target for 2030.
The package comprises, inter alia, legislative proposals for the revision of the EU Emissions Trading System (ETS), a Carbon Border Adjustment Mechanism (CBAM), amendments to the Renewable Energy and Energy Efficiency Directives, as well as a revision of the CO2 standards for cars, LULUCF and Effort Sharing Regulations.
You can follow the meeting live (17:00 – 18:30)