On 13 February 2023 the Section for Transport, Energy, Infrastructure and the Information Society (TEN) of the European Economic and Social Committee (EESC) hosted an online public hearing in the context of its ongoing exploratory opinion at the request of the Swedish Presidency of the Council of the EU on Wooden construction for CO2 reduction in building sector. The opinion is focusing on the following issues: How can the EU proposals such as Sustainable carbon cycles, the EU's bioeconomy strategy and the New European Bauhaus be used to drastically reduce the large construction-related CO2 emissions, store CO2 and make construction more efficient?
Restoring sustainable carbon cycles initiative builds on the European Climate Law committing the European Union to the objective of climate-neutrality by balancing Union-wide greenhouse gas emissions (GHG) and removals by 2050 at the latest.
With the European Green Deal and the objective to achieve climate neutrality by 2050, the EU and its Member States have assumed a leading role in global climate action. The Carbon Border Adjustment Mechanism (CBAM) is one step in the process. As part of the "Fit for 55" legislative package, it sets a carbon price on certain goods that are imported from non-EU countries.
To feed into the EESC opinion, this remote public hearing will bring together speakers and participants from organised civil society, business associations, think tanks, as well as EU institutions to discuss the future design and implementation of CBAM.
