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SUMMARY:2040 Climate Target: EU’s Climate Turning Point?
DESCRIPTION:  \nThis was an online event. \nThe European Climate Law required the EU to set a 2040 climate target within six months of the first Global Stocktake under the Paris Agreement—an essential milestone on the path to climate neutrality. On 6 February 2024\, the EU Commission published its Communication ‘Securing our future – Europe’s 2040 climate target and path to climate neutrality by 2050 building a sustainable\, just and prosperous society’\, recommending a 90% net reduction in greenhouse gas emissions by 2040 compared to 1990 levels. The 2040 target\, once agreed\, will form the basis of the EU’s new Nationally Determined Contribution (NDC) under the Paris Agreement\, to be communicated to the UNFCCC before COP30. \n \nThe Commission officially published the 2040 climate target on July 2\, 2025. \n \nThis event discussed the implications of the EU’s 2040 climate target across sectors\, examined the enabling conditions identified by the Commission\, and assessed the alignment of the target with long-term climate neutrality goals. \n \nDraft agenda    Slides Recording\n 
URL:https://ercst.org/event/2040-climate-target-eus-climate-turning-point/
LOCATION:online
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SUMMARY:Omnibus Simplification Package: CSRD\, CSDDD - Where Do We Stand?
DESCRIPTION:  \nThis was an online event. \nOn February 26\, 2025\, the EU Commission published the “Omnibus Simplification Package”\, proposal introducing adjustments to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). The Omnibus aims to reduce regulatory burdens particularly for small and medium-sized enterprises (SMEs) and certain larger companies\, while reinforcing the EU’s commitment to enhancing competitiveness and ensuring a more proportionate and practical implementation of sustainability obligations. \nCurrently\, both the Council of the EU and the European Parliament are working on their draft positions\, which will form the basis for Trilogue negotiations expected in the fall.    \nThe goal of this event was to analyse the proposed changes introduced by the European Commission and\, where available\, the draft positions of the Council and Parliament. Additionally\, the event offered a platform to discuss the main challenges and opportunities associated with simplifying and implementing the CSRD and CSDDD frameworks\, particularly in terms of feasibility\, international coherence\, and business impact. \nDraft Agenda  Slides   Recording \n 
URL:https://ercst.org/event/omnibus-simplification-package-csrd-csddd-where-do-we-stand/
LOCATION:online
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