Carbon Border Adjustment Mechanism (CBAM) - Related Opinions

The Commission aims for more ambitious 2030 emissions reduction targets, both in the EU and internationally. President von der Leyen wants the EU to lead international negotiations to raise the ambition of other major emitters by 2021, and has pledged to put forward a comprehensive, responsible plan to increase the European Union's emissions reduction target for 2030, from 40 % towards 55 %. The plan should ensure a level playing field and stimulate innovation, competitiveness and jobs, based on social, economic and environmental impact assessments.

The 2030 climate plan Communication, adopted on 17^th September 2020, sets out the proposed targets, as well as potential implications for the overall regulatory and enabling framework. It describes the overall architecture of policy measures to be put in place to achieve that target.

This opinion deals with three of four megatrends at the heart of the new Commission priorities: climate change, biodiversity loss and globalisation. While the European Green Deal will result in higher environmental standards with, for instance, stricter climate change targets, it is important that all Free Trade Agreements (FTAs) are not undermining these improvements by contributing to deforestation or biodiversity loss in other countries. As one of the world's largest importer of energy, agricultural goods and raw materials, the EU has contributed to deforestation and biodiversity loss in other countries.

This EESC opinion will respond to the European Commission's proposal for a regulation on establishing a European Climate Law and it will look into the role of citizens in driving the transformation towards climate neutrality.