On Thursday 24 June, the European Parliament formally approved the interim agreement on the ‘Climate Law’ reached with the Council of the European Union.
A key element of the ‘European Green Deal’, this regulation aims in particular to enshrine the EU’s 2050 climate neutrality objective in EU legislation. It also sets out a pathway to achieve this goal, including a target of reducing the EU’s net greenhouse gas (GHG) emissions by at least 55% from 1990 levels by 2030.
“With...