Members of the environment committees of the European Parliament and the Committee of the Regions are meeting today, 12 October, to discuss the EU’s next multiannual budget.

MEPs back a targeted and temporary suspension of authorised representative obligations for extended producer responsibility.

Preparing for the COP31 in Antalya, the Environment Committee is calling for a faster fossil fuel phase-out, more climate finance and stronger support for vulnerable countries.

On Tuesday, Parliament voted on two separate proposals to support market stability in the European emissions trading systems ETS1 and ETS2.

The European Parliament has backed an extension of the EU's carbon border adjustment mechanism to cover downstream goods and a fund to support the low-carbon transition.

Rather than ending the market stability reserve's invalidation mechanism, as the Commission proposed, MEPs want to keep it but raise the threshold in 2027 from 400 to 650 million allowances.

On Friday, the Commission proposed a reform of the Emissions Trading System (ETS) to align it with the 2040 target, boost competitiveness and keep Europe on track for climate neutrality.

A 10-member delegation of MEPs will attend the UN High Level Political Forum (HLPF) on Sustainable Development in New York from 13-15 July 2026.

To shield households, co-legislators have amended the market stability reserve for the EU emissions trading system for buildings, road transport and other sectors (ETS2).