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The EU reaches the climate agreement overnight, what it envisions

The EU reaches the climate agreement overnight, what it envisions

European Union member states reached an agreement in the early hours of the morning on a series of measures they hope will put the bloc on track to become carbon neutral by 2050.

It took about 17 hours for environment ministers gathered in Luxembourg to reach compromises on five sensitive laws that are part of the bloc's Fit for 55 package, which aims to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990s levels.

The measures they agreed on were related to the EU emissions trading system, land emissions and removals, land use change and forestry, the creation of a social climate fund (SCF) and standards. CO2 emission performance updates for cars and vans.

Among the most attractive measures are the increase of maritime transport in the EU Emissions Trading System (ETS), the creation of a new, special emissions trading system for the buildings and road transport sectors, € 59 billion allocated for SCF, the overall target to remove 310 million tonnes of CO2 equivalent by improving land and forestry use and ending the sale of combustion engine cars by 2035.

The European Parliament must now support these laws. MEPs have already approved a ban on the sale of cars and vans with combustion engines after 2035, but other measures may prove more difficult to pass as they are.

Indeed, climate activists say the ministers did not succeed. The WWF NGO accused the ministers of rejecting the Commission's initial proposals, which they said were "already insufficient to reach the 1.5 ° C target in the Paris Agreement".

The environmental NGO criticized the Social Climate Fund as smaller and weaker than originally proposed and did not go far enough to help those most vulnerable to the energy transition, as well as its unchanged ambition. reduced by 61% by 2030 emissions in the sectors covered by the EU ETS.

Source: Euronews

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