| Author (Corporate) | Council of the European Union, European Parliament |
|---|---|
| Series Title | Official Journal of the European Union |
| Series Details | L156, 19.6.2018 |
| Publication Date | 19/06/2018 |
| Content Type | Legislation |
|
Summary: The European Commission published on 20 July 2016 a proposal for a Regulation establishing new accounting rules and binding commitments for member states to ensure that the use of lands and forests across the European Union becomes more sustainable and climate-friendly over the period 2021-2030. The European Parliament adopted its position on 13 September 2017 and the Council of the European Union agreed on its general approach a month later. An informal agreement between the institutions was reached in December 2017. The Parliament's plenary session formally endorsed the compromise text in April 2018, followed by the Council on 14 May. The new Regulation was adopted by the Parliament and the Council on 30 May 2018. Further information: Land use and forestry include the use of soils, trees, plants, biomass and timber, and are in a unique position to contribute to a robust climate policy. This is because the sector not only emits greenhouse gases, but can also remove CO2 from the atmosphere. The objective of the proposed Regulation was to determine the inclusion of the LULUCF sector into the EU climate policy framework, as of 2021. This draft law was part of a legislative package in the framework of the Energy Union Framework Strategy. + Communication accompanying the legislative package [COM(2016)500] |
|
| Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2018.156.01.0001.01.ENG |
| Related Links |
|
| Subject Categories | Business and Industry, Environment, Geography |
| Countries / Regions | Europe |
