European Commission temporarily relaxes State Aid measures in support of the Green Deal Industrial Plan

Risk & Compliance

27 June 2022

EU Green Deal update – Agreement by the European Parliament on the key Fit for 55 proposals and common position on the Corporate Sustainability Reporting Directive

On Wednesday, June 22, the European Parliament adopted some key elements of the Fit for 55 Package, namely the EU Emission Trading System (ETS), the Carbon Border Adjustment Mechanism (CBAM) and the Social Climate Fund. One day before, the European Parliament and the Council also reached a provisional agreement on the Corporate Sustainability Reporting Directive.