The EU Green Deal is a legislative and regulatory action plan proposed by the EU Commission to achieve the EU’s target of net zero by 2050 and to transition the EU economy to a more sustainable model.

The deal is financed by the European Green Deal Investment Plan, designed to mobilise at least €1 trillion worth of public and private investment over the next decade.

Read our latest insights on some of the key aspects of the EU Green Deal and how this may impact your business.

 

Latest insights

The European Commission’s Net-Zero Industry Act and European Hydrogen Bank explained

The European Commission’s Net-Zero Industry Act and European Hydrogen Bank explained

The European Commission published proposals for its Net-Zero Industry Act (NZIA) on 16th March 2023.

Global | Publication | March 27, 2023
Getting Buildings ‘Fit for 55’

Getting Buildings ‘Fit for 55’

Further to our Overview of Fit for 55, we set out below a summary of the amendments to European Union (EU) legislation that will shape the built environment landscape and pave the way for EV charging and a smart metering infrastructure. These proposed amendments are required as it has been reported that the energy consumption of buildings needs to fall by 14%, and associated emissions by 60%, to meet Europe’s 2030 climate target.

United Kingdom | Publication | February 16, 2022
‘Fit for 55’: a quick overview

‘Fit for 55’: a quick overview

The EU has set a binding target of achieving climate neutrality by 2050. This requires current greenhouse gas emission levels to drop substantially over the next decades. As an intermediate step towards climate neutrality, the EU has raised its 2030 climate ambition, committing to cutting emissions by at least 55% by 2030.

United Kingdom | Publication | February 16, 2022
EU Green Deal and Maritime Fuel

EU Green Deal and Maritime Fuel

As we reported here, in July 2021, the EU published its update to the ‘green deal’, known as “Fit for 55” in reference to the 55% reduction in carbon emissions targeted for 2030.

Global | Publication | October 26, 2021
EU ETS and Shipping

EU ETS and Shipping

On 14 July, the EU Commission’s draft legislation to update the Green Deal, “Fit for 55” (referring to the 55% target reduction in carbon emissions by 2035) was released, containing a number of proposals which could impact the maritime sector.

Global | Publication | October 26, 2021
Deep Sea Mining – Is it sustainable enough to become part of the Energy Transition?

Deep Sea Mining – Is it sustainable enough to become part of the Energy Transition?

A number of shipping/offshore companies are already collaborating with mining companies to provide vessels for deepsea mining projects.

Global | Publication | October 26, 2021

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Road to COP29

Road to COP29: Our insights

The 28th Conference of the Parties on Climate Change (COP28) took place on November 30 - December 12 in Dubai.

Global | Publication | November 04, 2024
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Energy transition: Transforming change into opportunity

While global demand for energy continues to rise, increasing pressure to support the decarbonisation of the industry has spearheaded radical change.

Global | Publication | January 03, 2023
Dutch court orders Shell to reduce CO2 emissions

Dutch court orders Shell to reduce CO2 emissions

On May 26 2021, the district court of The Hague rendered a ground-breaking judgment in collective action proceedings initiated by several non-governmental organizations (including Friends of the Earth (Milieudefensie)) (the NGOs) against Royal Dutch Shell plc (Shell). The NGOs claimed, in short, that Shell had to reduce its overall CO2 emissions by at least 45% from 2019 levels, by the end of 2030 (the Target Reduction). The court ruled in favour of the NGOs and ordered Shell to reach the Target Reduction (the Shell Case). This is stated to be the first time that a court ordered a company to reduce its CO2 emissions in line with the climate goals included in the Paris Agreement.

Global | Publication | June 16, 2021
eMobility

eMobility

We are committed to helping our clients evolve and thrive as the world changes.

Global | Publication | September 21, 2020
ESG and green finance

ESG webinar series

Supporting our clients as they navigate developments in sustainable finance and the ESG landscape.

United Kingdom | Webinar series | March 05, 2020
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Responsible Business

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Contacts

Klaus Bader
Klaus Bader
Partner
Email
klaus.bader@nortonrosefulbright.com
T: +49 (173) 3537483
Charles Whitney
Charles Whitney
Head of Energy, Europe, Middle East and Asia; Partner
Email
charles.whitney@nortonrosefulbright.com
T: +44 (20) 74443171
Matthijs van Leeuwen
Matthijs van Leeuwen
Legal Consultant
Email
matthijs.vanleeuwen@nortonrosefulbright.com
T: +31 (20) 4629313

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Recent publications

FTC policy statement broadens the scope of its authority under Section 5 of the FTC Act

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Second Circuit defers to executive will on application of sovereign immunity

The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.

United States | November 08, 2024

Litigation and disputes
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Publication

Essential Corporate News – Week ending 8 November 2024

On 6 November 2024, the Home Office published guidance under section 204 Economic Crime and Corporate Transparency Act 2023 (ECCTA).

United Kingdom | November 08, 2024

Corporate, M&A and securities
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Federal Government passes law to establish Australia’s Anti-Slavery Commissioner

The Modern Slavery Amendment (Australian Anti-Slavery Commissioner) Bill 2023 passed the House of Representatives on 28 May 2024 and is now awaiting royal assent to become law.

Australia | November 07, 2024

Human rights
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