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			|  10 nov 2022 | 
			09:18  | 
		 
		
			
				
						
							
									 
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															 EU reaches agreement on national emission reductions from transport, buildings, agriculture
								 
								The European Commission welcomes the provisional agreement reached last night with the European Parliament and Council to increase the ambition of the EU's Effort Sharing Regulation (ESR).  
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								 This agreement  establishes binding annual greenhouse gas emission targets for Member  States in sectors not currently included in the EU Emissions Trading System  (EU ETS). The agreement importantly maintains the Commission's proposal  to boost the emission reduction target for these sectors from 29% to  40% by 2030, compared to 2005 levels. The updated emission reduction  targets for Member States range from -10% to -50% compared to 2005, and  will result in a further convergence of Member States' emissions per  capita in 2030. Executive Vice-President Frans Timmermans said: “Today  we took another important step towards delivering Europe's climate  ambition for 2030. It is a strong signal to COP27 that the EU is taking  the necessary measures to cut emissions by at least 55% by 2030. The  sectors covered in the Effort Sharing Regulation currently generate  about 60% of greenhouse gas emissions. Getting to a green and healthy  future for all will require considerable work in every sector and every  country. Our agreement today provides clarity about the effort required  in every Member State and ensures solidarity in the way Europe reaches  its climate targets.” This agreement is the latest step in the adoption of the Commission's ‘Fit for 55' legislative package to deliver the European Green Deal, following the recent deal  to end the sale of new CO2 emitting cars in Europe by 2035. With COP27  in full swing, it again shows that the EU is delivering on its climate  commitments, moving from ambition to action. Against the backdrop of  Russia's war of aggression in Ukraine it also shows that the EU is not  backtracking on its green transition, but is rather accelerating efforts  to become the world's first climate neutral continent by 2050. The  sectors covered by the ESR include building, agriculture, waste, small  industry, and transport. 
More information is available in our press release, and the initial Commission proposal can be found here.  
 
  
								 
																						
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