Its Emissions Trading System is central to the EU’s efforts in reducing power and industrial emissions. In the cap-and-trade system, an overall amount of yearly emissions allowances is defined which can be traded among participants. Reforms have over the years improved the performance of the EU-ETS and a further tightening of its terms has recently been proposed.
There were many disagreements about EU climate policies in the ‘90s but two programmes were created that were instrumental to today's climate policies. SAVE was created to promote energy efficiency through streamlining standards and making information readily available to consumers. ALTENER was launched to develop a better understanding around renewable energy sources and bridge the gap between research and their practical application.
In 1974 the World Environmental Day was created with the idea that “the Governments of the world would undertake worldwide activities reaffirming their concern for the preservation and enhancement of the human environment, to deepen environmental awareness”.
What is the Fit for 55 package? The package can be divided into three categories: energy, transport and emission reductions. It is up to the member states and the European parliament to find an agreement on the proposals.
This article provides an overview on the planned activities and events accompanying this year’s COP26, which is hosted by the UK and Italy, with a particular focus on the events involving the younger generations and ensuring their voices to be heard.