Fit for 55: The new European legislative package to combat climate change

 On 14 July 2021, the European Commission published a set of proposals called Fit for 55. These proposals are intended to achieve the climate target for the European Union by 2030 on the way to climate neutrality. The proposals target new initiatives in different areas and economic sectors, such as climate, energy and fuels, transport, buildings, land use, forests and taxation. This package of proposals gives effect to the European Climate Law, recently approved under the Portuguese Presidency of the Council of the European Union. This law increased the target of reducing net greenhouse gas emissions in the Union to at least 55% by 2030 compared to 1990 levels. This is intended to be a first step towards achieving carbon neutrality by 2050.