Climate change and environmental degradation are an existential threat to Europe and the world. Therefore, on 11 December 2019 the Commission presented a communication on a European Green Deal that sets out a detailed vision to make Europe the first climate-neutral continent by 2050, safeguard biodiversity, establish a circular economy and eliminate pollution, while boosting the competitiveness of European industry and ensuring a just transition for the regions and workers affected.

Parliament has played an important role in pushing for more ambitious EU climate legislation and declared a climate emergency on 28 November 2019.

The European Climate Law writes into law the goal to become climate neutral by 2050 and attain the intermediate target of reducing net greenhouse gas emissions by at least 55% by 2030 (compared to 1990 levels). After 2050 the EU will aim for negative emissions.

On 14 July 2021 the European Commission presented its “Fit for 55 in 2030” package-the legislative tool to deliver on the targets agreed in the European Climate law.

On March 2023, Parliament adopted draft measures to the revision of the Energy Performance of Buildings Directive. The proposals aim to substantially reduce greenhouse gas (GHG) emissions and energy consumption in the EU building sector by 2030, and make it climate neutral by 2050. They also aim to increase the rate of renovations of energy-inefficient buildings and improve information-sharing on energy performance.

InvestEU Programme: MEPs debate part 3/3

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