Fit for 55: Parliament adopts key laws to reach 2030 climate target

Facts · 3

• Union creates a Social Climate Fund alongside ETS2Oct 2026

  • Parliament voted 521–75 with 43 abstentions for the fund.

• Union adopts the carbon border adjustment mechanismOct 2026

  • Parliament voted on CBAM and related climate legislation.

• Union revises the EU ETS and extends it to buildings and road fuelOct 2026

  • Parliament adopted ETS and related reforms on 18 April 2023.