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

Related content

Beyond COP28

Beyond COP28: Our insights

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

Global | Publication | December 18, 2023
Energy transition

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
colorful light particles
Responsible Business

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Contacts

Anne Lapierre
Anne Lapierre
Global Co-Head of Energy
Email
anne.lapierre@nortonrosefulbright.com
T: +33 (1) 56595290
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
Penny Cygan-Jones
Penny Cygan-Jones
Knowledge Director, Advisory
Email
penny.cygan-jones@nortonrosefulbright.com
T: +44 20 7444 2639

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Singapore

Publication

Singapore: Competition law fact sheet

Overview of the main provisions of the Competition Act, and discussion of the enforcement regime and recent enforcement trends.

Global | April 15, 2024

Antitrust and competition
Fall 2022 update on US IBTs and Divisions

Publication

Recent interest rate increases could trigger unexpected arbitrage liabilities for bond issuers

For many years, investment yields were so low that the arbitrage rules applicable to tax-exempt bonds were for the most part more theoretical than practical.

United States | April 12, 2024

Public and government finance
digital face

Publication

Preparing for change: How businesses can thrive under the EU's AI Act

On February 2, 2024, the Belgian Presidency of the Council of the European Union confirmed that the Committee of Permanent Representatives had signed the Artificial Intelligence (AI) Regulation, referred to as the AI Act. Approval by the EU Parliament followed on 13 March 2024, and the AI Act is likely to appear in the EU’s Official Journal around May 2024. The AI Act aims to establish a stringent legal framework governing the development, marketing, and utilisation of artificial intelligence within the region, thereby marking a significant advancement in the regulation of this burgeoning domain.

Global | April 12, 2024

Artificial intelligence (AI)
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