European Climate Law - New legal revolution towards climate neutrality in the EU.

Abstract

European Climate Law (EU Climate Law) shall become a critical element of future EU regulations and law-making process based on the Green Deal (EU climate and energy strategy) which is the result of the COP21 and Paris Agreement undersigned during the conference of United Nations by its worldwide members. With the actual climate challenges, the EU wishes to keep the leader's role and trend in terms of radical decrease of GHG emissions. Especially for that reason, a new regulatory framework was prepared with a comprehensive overawe of various EU policies. As a result of those expectations, the European Commission has prepared EU Climate Law endorsed by a strong political signal from the European Parliament and Council with its declaratory conclusions. This new legal act with its formula refers to many legal acts and EU policies such as “Fit for 55%” package , and many other energy-and climate related laws. It developed into an essential signal towards the EU Member States to keep comprehensive policies and plans towards climate neutrality. It should be underlined that this act will be a new opener towards upcoming legislative packages and potential financial instruments to come. Occasionally, EU policymakers use a controversial nomenclature defining Regulation as a “Climate Treaty” to emphasize the act’s significance and special regulatory status. The aim of the article is to present and clarify the background of the law-making process of the EU Climate Law and undercover the ongoing wave of the EU policies transformation towards net zero economy as well as to underline its importance for the future generations.

Keywords

• eu climate law, green deal, climate change, green transition, fit for 55%, climate neutrality , net zero emission economy.