Fit for 55 regulations reach final stages before entering into force

The Council of the EU this week adopted three regulations of the Fit for 55, which frames the EU trajectory towards 55% reduction of its CO2 emissions from 1990 levels by 2030 and climate neutrality by 2050:

These three texts have now been officially adopted by the co-legislators and will enter into force after publication in the Official Journal in the upcoming weeks.

On 29 March, the Council and Parliament struck a provisional agreement to increase the proportion of renewable energy in the EU's total energy consumption to 42.5% by 2030, with an additional 2.5% indicative top-up that would allow for a 45% target. To achieve this common goal, each Member State will provide a contribution. It will now be necessary for both institutions to approve this provisional political agreement before it can enter into force.

Aligned with the objectives set by the Fit for 55 regulations,  the OCEAN project, which is co-financed by the EU and coordinated by the EOC EU Office, will develop a Carbon Footprint Measurement Tool for National Olympic Committees (NOCs) and other sport organisations, as well as NOCs’ Carbon Footprint Reduction Strategies.