The ‘REFIT’ evaluation concluded that while the current Regulation was generally fit for purpose, it could be better aligned with the European Green Deal and its design could be slightly improved. In this context, the proposal aims to replace the ODS Regulation, while maintaining a strict level of control.
European Green Deal
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On 11 December 2019, the European Commission launched the European Green Deal reinforcing the EU’s commitment to tackling climate and environmental-related challenges that is this generation’s defining task. The objective of the European Green Deal is to transform the EU into a modern, resource-efficient and competitive economy, ensuring:
- no net emissions of greenhouse gases by 2050;
- economic growth decoupled from resource use;
- no person and no place left behind.
To deliver the European Green Deal, the EU is carrying out a comprehensive package of initiatives, including policy and legislative proposals and the development and modernisation of financing instruments.
The EESC has been calling for a "Green and Social Deal", stressing the close link between the Green Deal and social justice. It is essential to hear the voice of all stakeholders in order to foster the sustainable and competitive companies of tomorrow in a healthy environment.
The European Green Deal placed a strong emphasis on investment and the financing of the green and sustainable transition. The Green Deal is Europe’s lifeline out of the COVID-19 pandemic. One third of the 1.8 trillion euro investments from the NextGenerationEU Recovery Plan, and the EU’s seven-year budget finances the European Green Deal. This boost in funding opportunities aims to turn the crisis into a transformational opportunity for the future of Europe.
The EESC plays a crucial role in monitoring the implementation of the European Green Deal initiatives and actions. The EESC prepares opinions and organises activities (see side menu on the left of this page) to ensure the EU institutions take into account the views of organised civil society and the Green Deal initiatives are coherent with the economic, social and civic circumstances on the ground.
Due to the transversal and all-encompassing nature, the European Green Deal is covered by all EESC Sections and CCMI.
The current F-gas Regulation 517/2014 intends to reduce the EU’s F-gas emissions by two-thirds by 2030 compared with 2014 levels. At EU level, F-gases currently account for 2.5 % of total greenhouse gas emissions. In line with the Climate Law, the new F-gas proposal will contribute to reducing emissions by at least 55% by 2030 and making Europe climate-neutral by 2050.
This "Chapeau Communication" gives an overview of the different proposals of the 'Fit for 55' package as well as their linkages and explains the toolbox of policy measures chosen in order to attain an overall balance between fairness, emission reductions and competitiveness.
The EESC welcomes the proposal to designate 2022 as the European Year of Youth. Clear indicators need to be developed for the Year, which should focus on the impact on policies and cross-sectoral work beyond the activities organised. The EESC calls for a more ambitious budget, and emphasises the need to ensure that harder-to-reach groups are included in this Year. Welcoming the work that this Year envisages with regard to external relations, it points at the important role that the relatively well-developed youth policies in Europe can play in our neighbourhood and beyond. It points at the need for all institutions to further develop the voice of youth in their policy proposals.
This opinion will provide the civil society perspective on the Carbon Border Adjustment Mechanism. The main purposes of the Carbon Border Adjustment Mechanism (CBAM) would be to discourage EU businesses from moving their production to countries with less ambitious climate change policies (carbon leakage) and to encourage a global move towards net zero carbon emissions by 2050 in line with the Paris Agreement.
The EU ETS was launched in 2005 and covers about 45 % of EU greenhouse gas emissions. The latest revision of the EU ETS Directive, adopted in 2018, sets the total quantity of emission allowances for phase 4 (2021-2030), in line with what was the current EU emission reduction target at the time (40 % reduction below 1990 levels by 2030).