Feedback: Climate Law Roadmap

Following the publication of the European Green Deal Communication, the Commission published a Roadmap for a Climate Law on 9 January 2020. EuroACE gave its feedback ahead of the publication of the Climate Law.

A Climate Law underpinned with a strong governance framework for a climate neutral EU by 2050. EuroACE fully supports the objective of climate neutrality by 2050 and agrees that enshrining it into law, as an EU binding target which all Member States endorse, is key for achieving it. Non-binding targets, such as the energy efficiency target, do not have the same political strength. A clear, legally enforceable objective would give investors and industry the necessary confidence, and should be the basis to align all EU funding, notably the MFF, the Taxonomy and EIB lending.

A Climate Law with the Energy Efficiency First principle at its core. Energy efficiency holds the biggest potential in helping the EU achieve climate neutrality by 2050: according to the International Energy Agency, 75% of additional investments to cut GHG emissions in Europe will have to come from energy efficiency. The principle should be clearly set out in the Climate Law, based on its legally agreed definition in the Governance Regulation.