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As part of the 'Fit for 55' package, the Commission is proposing a revision to the EU's emissions trading system (ETS) as regards carbon dioxide emissions from aviation. The proposal seeks to ensure that the sector contributes to the EU's climate targets through increased auctioning of allowances, with an end to free allowances from 2027, and by applying the linear reduction of aviation allowances. The proposal will also integrate, into the revised ETS, the International Civil Aviation Organization's ...

Many consequences of climate change are already hard to reverse, and extreme weather events will become more frequent in the future. That shows a need to discuss which climate impacts are difficult or impossible to adapt to, and a need to address losses and damages. All regions will be affected by climate change, but the extent of loss and damage will vary between locations. Although the concept of Loss and Damage (L&D) is not new, it is still quite vague and not well defined in climate policy. It ...

To align regulations and policies with the legally binding goals – delivering, by 2030, a 55 % net greenhouse gas emissions reduction compared to 1990, and reaching climate neutrality in Europe by 2050 – on 14 July the European Commission presented its first proposals under the 'fit for 55' package. One of these proposals involves amending Regulation (EU) 2018/841 on emissions and removals from land use, land-use change and forestry (the LULUCF Regulation). Among the main changes envisaged are to ...

Fit for 55 package

Briefing 03-06-2022

The 'fit for 55' package, presented in July and December 2021, is designed to realise the European Climate Law objectives: climate neutrality by 2050 and a 55 % reduction of net greenhouse gas (GHG) emissions by 2030, compared with 1990 levels. It consists of 13 interlinked proposals to revise existing EU climate and energy laws, and six proposals for new legislation. The proposals aim to accelerate emission reductions in the sectors covered by the EU emissions trading system (ETS) and the sectors ...

Carbon dioxide (CO2) emissions from aviation have been included under the EU emissions trading system (ETS) since 2012. Because of international pressure, a derogation is in place for emissions from flights to and from third countries. With aviation emissions projected to increase to 2050, the European Commission's proposal for a revision of the EU ETS for aviation, part of the 'fit for 55' package, aims to ensure the sector contributes to reaching the climate goals. The European Parliament is due ...

As part of the EU Climate Law agreement in 2021, the European Commission committed to revise the Land Use, Land-Use Change and Forestry (LULUCF) Regulation to ensure an increase in carbon removals in the sector towards 2030. The proposal was included in the Commission's 'fit for 55' package. LULUCF carbon sink functions are an essential part of the EU's carbon neutrality pathway. The European Parliament will vote its position during the June I session, following adoption in the Committee on the Environment ...

In absolute figures, the Danish National Recovery and Resilience Plan (NRRP) is the sixth smallest national plan (or third smallest as a share of gross domestic product, GDP) under the unprecedented EU response to the crisis triggered by the coronavirus pandemic. To date, Denmark has decided not to request any loan, and its Recovery and Resilience Facility (RRF) allocation therefore consists solely of a non-repayable grant (see figure below). Denmark is set to receive the maximum allocation of €1 ...

At a time when the European Union (EU) is preparing a major revision of its climate and energy framework in line with the objectives of the European Green Deal and the targets set in the European Climate Law, this briefing looks at overall progress on climate action. Although the EU met its 2020 targets for reducing greenhouse gases (GHG) and increasing renewable energy use and energy efficiency in the extraordinary context of the coronavirus crisis, pandemic recovery led energy consumption and emissions ...

Achieving climate neutrality may depend on a few technologies: The International Energy Agency scenario for net zero by 2070 predicts that half of the emissions reductions depend on low-carbon hydrogen, carbon capture, utilisation and storage (CCUS), bioenergy, and electrification of end-use sectors such as heating and transport. Further investment in research and development (R&D) is essential for helping commercialise these technologies. Yet energy sector R&D spending is stymied by high capital ...

Following prolonged talks, the 26th Conference of the Parties ended late on 13 November 2021. With countries' nationally determined contributions (NDC) ahead of the event leading to an estimated 2.7°C warming towards the end of the century, the host, the United Kingdom, set the goal to keep a limit of 1.5°C warming within reach.