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President Ursula von der Leyen said: “We are acting today to make the EU the world's first climate neutral continent by 2050. The Climate Law is the legal translation of our political commitment, and sets us irreversibly on the path to a more sustainable future. It is the heart of the European Green Deal. It offers predictability and transparency for European industry and investors. And it gives direction to our green growth strategy and guarantees that the transition will be gradual and fair.”
The Climate Law includes measures to keep track of progress and adjust our actions accordingly, based on existing systems such as the governance process for Member States' National Energy and Climate Plans, regular reports by the European Environment Agency, and the latest scientific evidence on climate change and its impacts. Progress will be reviewed every five years, in line with the global stocktake exercise under the Paris Agreement.
Shaping the European Climate Pact & Future Policies
Alongside government policies and regulation, all sectors of society and economy have a part to play in the transition to a climate-neutral European Union.
The Commission is therefore launching today a public consultation on a new European Climate Pact, a broad initiative to give citizens and stakeholders a voice and role in designing new climate actions, sharing information, launching grassroots activities and showcasing solutions that others can follow.
Full press release on European Commission
Related analysis on POLITICO: Brussels’ climate ambitions run into national resistance
Related press release on BusinessEurope
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ESBG statement on European Climate Law initiative