As part of the European Green Deal, with the European Climate Law, the EU has set itself a binding target of achieving climate neutrality by 2050. This requires current greenhouse gas emission levels to drop substantially in the next decades. As an intermediate step towards climate neutrality, the EU has raised its 2030 climate ambition, committing to cutting emissions by at least 55% by 2030.

On 18 April 2023, MEPs&nbsp; adopted the reform of EU´s Emissions Trading System including for aviation and the maritime sector, the Carbon Border Adjustment Mechanism and a new Social Climate fund. The&nbsp;deal on the reform of the Emissions Trading System (ETS)&nbsp;increases the ambition for 2030, phases out free allowances to companies and creates a separate new ETS II for fuel for road transport and buildings that will put a price on emissions from these sectors by 2027.

According to the&nbsp;agreement with EU countries, an EU Carbon Border Adjustment Mechanism (CBAM) will be set up to ensure that importers of goods covered by the EU ETS would have to pay any price difference between the price paid for carbon in the country of production and the price of carbon allowances in the EU ETS. This will incentivise non-EU countries to increase their climate ambition and ensure that EU and global climate efforts are not undermined by production being relocated from the EU to countries with less ambitious policies.

A separate deal with member states&nbsp;sets up an EU Social Climate Fund to ensure that the climate transition will be fair and socially inclusive. Vulnerable households, micro-enterprises and transport users who are particularly affected by energy and transport poverty will benefit from the fund. When fully in place, it will be funded from auctioning ETS II allowances up to an amount of €65 billion, with an additional 25% covered by national resources (amounting to an estimated total of €86.7 billion).

As part of the "Fit for 55 " package, thePArliamnet has also adopted during MArch 2024, plans, already agreed upon with Council, to help reduce energy consumption and greenhouse-gas emissions from the buildings sector.

The proposed revision of the Energy Performance of Buildings Directive aims to progressively reduce greenhouse gas (GHG) emissions and energy consumption in the EU building sector, and make it climate neutral by 2050. It also aims to have more worst-performing buildings renovated and improve information-sharing on energy performance.

More info:&nbsp;<a href="https://www.europarl.europa.eu/news/en/press-room/20240308IPR19003/energy-efficiency-of-buildings-meps-adopt-plans-to-decarbonise-the-sector">https://www.europarl.europa.eu/news/en/press-room/20240308IPR19003/energy-efficiency-of-buildings-meps-adopt-plans-to-decarbonise-the-sector</a>

Fit for 55

TRAN - Presentation of a study on Expected impacts of ‘Fit for 55’ legislation on connectivity and mobility in Europe

Voting Session

Earth Hour Day 2024: the European Parliament in Brussels switches off its lights on the occasion of the Earth Hour Day 2024

Earth Hour Day 2024: the European Parliament in Strasbourg switches off its lights on the occasion of the Earth Hour Day 2024

Press conference on the energy performance of buildings directive

Press conference by Ciarán CUFFE (Greens/EFA, IE), rapporteur on the energy performance of buildings directive

Voting session, including the final vote on the Energy performance of buildings Directive

Energy performance of buildings: Closing statements by Kadri SIMSON, European Commissioner for Energy and Ciaran CUFFE (Greens/EFA, IE), Rapporteur

Energy performance of buildings: MEPs debate (part 1)

Energy performance of buildings: MEPs debate (part 2)

EP Plenary session - Energy performance of buildings

Energy performance of buildings: Opening statements by Ciaran CUFFE (Greens/EFA, IE), Rapporteur, Kadri SIMSON, European Commissioner for Energy and Radan KANEV (EPP, BG), EP Committee on Environment

EPRS podcast policy - A Union certification framework for carbon removals

Energy performance of buildings: extracts from the debate and from the vote

Press conference by Christian EHLER (EPP, DE) on the Net-Zero Industry Act negotiations following the trialogue negotiations with Council

Press conference by Christian EHLER (EPP, DE), Rapporteur on Net-Zero industry Act

Strengthening the CO2 emission performance targets for new heavy-duty vehicles: MEPs debate

Strengthening the CO2 emission performance targets for new heavy-duty vehicles: opening statements by Bas EICKHOUT (Greens/EFA, NL), Rapporteur, Miapetra KUMPULA-NATRI (S&D, FI), Andris AMERIKS (S&D, LV) and Wopke HOEKSTRA, EC for Climate Action

Renewable energy directive: Opening statement by Markus PIEPER (EPP, DE), Rapporteur, by Nils TORVALDS (Renew Europe, FI), Rapporteur, Kadri SIMSON, European Commissioner for Energy, Barbara THALER (EPP, AT) and Carmen AVRAM, Rapporteur

Renewable energy directive: closing statement by Kadri SIMSON, European Commissioner for Energy and Markus PIEPER (EPP, DE), Rapporteur

Renewable energy directive: MEPs debate

Press conference by César LUENA (S&D, ES), rapporteur on EU's nature restoration law

Press conference by Petar VITANOV (S&D, BG), rapporteur and Jörgen WARBORN (EPP, SE) on alternative fuels infrastructure and sustainable maritime fuels

Voting session: Fit for 55 and Industrial Emissions

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