Weibold Academy: EU RED III finally entered into force
On July 14, 2021, the European Commission unveiled the 'fit for 55' package to align with the EU's target of a 55% reduction in greenhouse gas emissions by 2030, part of the broader European Green Deal aiming for climate neutrality by 2050. The package revises the Renewable Energy Directive (RED II), increasing the target for renewable energy consumption from 32% to 40%, later raised to 45% under the REPowerEU plan. Additional targets are proposed for sectors like transport, buildings, industry, and heating, advancing the EU's transition to a greener future.