“Climate neutrality is our European destiny. And I think a competitive and sustainable economy is the best we can get for our European future” said EC President Ursula Von der Leyen as she presented, today, the European Climate Law.
This law sets the 2050 target and the direction of travel for all EU policy, and gives predictability for public authorities, businesses and citizens. At the same time, the Commission is launching a public consultation on the future European Climate Pact.
Listen to all whole statement in these link .https://europa.eu/!Mm93FG
See below too the information shared by the European Commission
European Climate Law
This means achieving net zero greenhouse gas emissions for EU countries as a whole, mainly by cutting emissions, investing in green technologies and protecting the natural environment.
The law aims to ensure that all EU policies contribute to this goal and that all sectors of the economy and society play their part.
- Set the long-term direction of travel for meeting the 2050 climate-neutrality objective through all policies, in a socially-fair and cost-efficient manner
- Create a system for monitoring progress and take further action if needed
- Provide predictability for investors and other economic actors
- Ensure that the transition to climate neutrality is irreversible
With the European Climate Law the Commission proposes a legally binding target of net zero greenhouse gas emissions by 2050. The EU Institutions and the Member States are bound to take the necessary measures at EU and national level to meet the target, taking into account the importance of promoting fairness and solidarity among Member States.
The Climate Law includes measures to keep track of progress and adjust our actions accordingly, based on existing systems such as the governance process for Member States’ National Energy and Climate Plans, regular reports by the European Environment Agency, and the latest scientific evidence on climate change and its impacts.
Progress will be reviewed every five years, in line with the global stocktake exercise under the Paris Agreement.
The Climate Law also addresses the necessary steps to get to the 2050 target:
- Based on a comprehensive impact assessment, the Commission will propose a new EU target for 2030 greenhouse gas emissions reductions. This part of the Law will be amended once the impact assessment is completed.
- By June 2021, the Commission will review, and where necessary propose to revise, all relevant policy instruments to deliver the additional emissions reductions for 2030.
- The Commission proposes the adoption of a 2030-2050 EU-wide trajectory for greenhouse gas emission reductions, to measure progress and give predictability to public authorities, businesses and citizens.
- By September 2023, and every five years thereafter, the Commission will assess the consistency of EU and national measures with the climate-neutrality objective and the 2030-2050 trajectory.
- The Commission will be empowered to issue Recommendations to Member States whose actions are inconsistent with the climate-neutrality objective, and Member States will be obliged to take due account of these Recommendations or to explain their reasoning if they fail to do so.
- Member States will also be required to develop and implement adaptation strategies to strengthen resilience and reduce vulnerability to the effects of climate change.
The legislative proposal was submitted to the European Parliament, the Council, the Economic and Social Committee and the Committee of the Regions for further consideration under the ordinary legislative procedure.
The Commission conducted extensive analysis and stakeholder consultation in preparation of its strategic vision for a climate-neutral EU published in November 2018. This was followed by an EU-wide debate on the vision.
A high-level public conference on 28 January 2020 provided a further opportunity for open, public stakeholder debate on the European Climate Law before its finalisation and adoption.
The public also had the possibility to provide feedback on the roadmap for the legislative proposal, with nearly 1000 contributions.