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Climate change

EU industry urgently needs instruments like ETS innovation fund to avoid de-industrialisation

(6 December 2022) - EU industry is confronted with a momentous decarbonisation challenge and urgently needs instruments like the ETS innovation fund to implement low-carbon solutions and build bu...
Climate change

COP27 did not deliver on urgently needed convergence of ambition

21 November 2022 - Yesterday, negotiators closed proceedings at the COP27 climate conference in Sharm-El Sheik, Egypt. Reflecting on the decisions today and the process of the last two weeks, Bus...
Climate change

BusinessEurope pushes for COP to converge on high climate ambition

4 November 2022 - On the occasion of the 27th Conference of the Parties (COP27) of the UNFCCC, beginning on the 6 November in Sharm-El Sheik, Egypt, BusinessEurope has published a position paper with...
Climate change

Expectations for COP27 – a BusinessEurope position paper

Key messages To be a strong actor internationally the EU must maintain European competitive-ness and climate ambition in the context of a severe energy crisis. Making progress at home by finalising...
Climate change

ENVI vote on ETS and CBAM risks seriously undermining European competitiveness

Today, the European Parliament’s environment committee (ENVI) voted on the reports for the reform of the Emission Trading Scheme and the Carbon Border Adjustment Mechanism, two of the most important...
Climate change

The ‘Fit for 55 package’ – a BusinessEurope position paper

Executive summary The ‘Fit for 55’ package significantly deepens and broadens the decarbonisation of Europe’s economy to achieve climate neutrality by 2050. BusinessEurope supports the Europe...
Climate change

EU business proposals for climate neutrality and industrial competitiveness

Fit for 55 package: "momentous action needed to meet the ambitious 2030 targets" Today, BusinessEurope published its essential positions on the European Commission's 'Fit for 55' package to significa...
Climate change

COP26: EU’s global trading partners miss out on solid 2030 commitments

Today the global climate conference COP26 in Glasgow ended without sufficiently ambitious announcements for Nationally Determined Contributions (NDCs) by the EU’s largest trading partners. Business...
Climate change

EU fit-for-55: direction is right, but the devil is in the details

Enhancing climate ambition while ensuring EU industry’s competitiveness Today, the European Commission published its Fit-for-55 package. Its aim is to align the European legislative arsenal with th...
Climate change

CBAM: WTO compatibility and continuity of free allowances are essential

This week, the European Parliament will vote on a report on a Carbon Border Adjustment Mechanism, in support of the EU's efforts to go climate-neutral by 2050 while preventing Europe's effort from bei...
Climate change

EU leaders agreement is oxygen for Europe’s economic recovery

Today’s agreement reached by the European Council and all EU Member States on the long-term EU budget (MFF 2021-2027) and the Next Generation EU recovery fund is a major step forward to support our...
Climate change

2030 climate target must be aligned with strong EU industry strategy

Today, the European Commission revealed its new plan to reduce greenhouse gas emissions by 2030 by at least 55% compared to 1990, substantially increasing its initial 40% target. The Commission also p...
Bilateral relations

What trade can do for climate: More than carbon border adjustments

Amidst ongoing discussions on how the EU can better leverage its trade policy to achieve its climate policy objectives, today’s BusinessEurope publication "What trade can do for climate" aims to add...