European Commission launched consultations on EU sustainable finance, Climate Law and 2030 Climate Target Plan

As part of the European Green Deal agenda, the European Commission (EC) continues its consultations on a series of topics:

2030 Climate Target Plan

To achieve its objective to become climate-neutral by 2050, the EU will propose a cut in greenhouse gas emissions of at least 50% to 55% for 2030 from 1990 levels, rather than at least 40% currently, including an amendment to the recently proposed European Climate Law.

The consultation includes 2 feedback periods:

• Inception impact assessment consultation
  The format of this consultation allows providing a general contribution of max 4000 characters for the inception impact assessment with no guiding questions.
  Feedback period: 18 March 2020 – 15 April 2020
• Public consultation
  Due to the broad nature of the initiative, all citizens and organisations are welcome to contribute to the consultation by filling in an online questionnaire.
  Feedback period: 31 March 2020 – 23 June 2020

EU Climate Law and EU Climate Pact

In early March, the EC proposed the new European Climate Law to enshrine in legislation the EU’s political commitment to climate neutrality by 2050. A legally binding target of net zero greenhouse gas emissions by 2050 has been proposed.

Following its proposal, the EC is calling for feedback (max 4000 characters) on its adoption. More information about this consultation can be found here.

Feedback period: 06 March 2020 – 01 May 2020

Alongside the announcement of the European Climate Law, the Commission is launching a public consultation on a new European Climate Pact. The consultation, in a form of a questionnaire, can be found here. The questions cover the following topics:

1. Talking about climate change and environmental crisis: Awareness and information
2. Triggering action: pledges and initiatives
3. Working together: platforms
4. Ideas and suggestions for further development
5. Your climate actions and interest in the Pact

Feedback period: 04 March 2020 – 27 May 2020

The inputs will be used to shape the Climate Pact, which will be launched before the United Nations Climate Change Conference taking place in Glasgow in November 2020 (COP26).

Sustainable finance – EU classification system for green investments

This initiative creates a classification system for sustainable economic activities (‘taxonomy’) and focuses on the EU’s environmental objectives on climate change mitigation and adaptation. The consultation allows to provide feedback of max 4000 characters on the inception impact assessment.

Feedback period: 23 March 2020 – 20 April 2020

EUSTAFOR is preparing our inputs and will coordinate with our members for their contributions.

 

Source: European Commission