45 Annual Report 2021 European Legislative Regulations FIT for 55 On 14 July 2021, the European Commission adopted a package of proposals (FIT for 55) to make the EU's climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. Achieving these emission reductions in the next decade is crucial to Europe becoming the world's first climate-neutral continent by 2050 and making the European Green Deal a reality. With today's proposals, the Commission is presenting the legislative tools to deliver on the targets agreed in the European Climate Law and fundamentally transform our economy and society for a fair, green and prosperous future. Proposal for revision of Directive (EU) 2018/2001 of the European Parliament and of the Council of 11th December 2018, on the promotion of the use of energy from renewable sources (RED) Energy production and use accounts for 75% of EU emissions, so accelerating the transition to a greener energy system is crucial. The Renewable Energy Directive will set an increased target to produce 40% of our energy from renewable sources by 2030. All Member States will contribute to this goal, and specific targets are proposed for renewable energy use in transport, heating and cooling, buildings and industry. To meet both our climate and environmental goals, sustainability criteria for the use of bioenergy are strengthened and Member States must design any support schemes for bioenergy in a way that respects the cascading principle of uses for woody biomass. On 14 July 2021, the European Commission announced the publication of the amendment to "Directive (EU) 2018/2001 on the promotion of the use of energy from renewable sources (REDII)3" in the context of the set of proposals "FIT for 55 - Implementation of the European Green Deal". The overall objectives of the revision to Directive REDII are: • to achieve an increase in the use of energy from RES by 2030, • to foster better energy system integration, and • to contribute to climate and environmental objectives including the protection of biodiversity, while addressing concerns that are related to global warming and biodiversity loss. This revision of Directive REDII is essential to achieve the increased climate target as well as to protect our environment and health, reduce our energy dependency, and contribute to the EU's technological and industrial leadership along with the creation of jobs and economic growth. ENERGY POLICY, INTERNATIONAL AND LOCAL ACTIVITIES 3 https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52016PC0767R%2801%29
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