‘Fit for 55’: Meet the EU’s 2030 Climate Target on the path to climate neutrality

Communication from the European Commission outlining the “Fit for 55” package, which consists of a set of interconnected proposals with the aim of establishing an agenda to work towards a green transition that addresses existential threats and creates new opportunities. The package reinforces eight existing laws and introduces five new initiatives, in different policy areas and economic sectors: climate, energy and fuels, transport, buildings, land use and forestry. The legislative proposals are based on an impact assessment analysis, which shows that an over-reliance on strengthening regulatory policies would lead to unnecessarily high economic burdens, while carbon pricing alone would not overcome the persistent shortcomings of the system. market and non-trade barriers.