The EU is broadly on track to achieve its 2020 greenhouse gas, renewable energy and energy efficiency targets. However, continued focus is necessary in order to overcome the recent stagnation of energy efficiency improvements and greenhouse gas emission reduction trends. The EU is advancing with its Energy Union Strategy and finalising a modern, advanced and cost-effective regulatory framework to achieve its 2030 greenhouse gas reduction targets and its clean energy transition delivering on the Juncker Commission's objective to put energy efficiency first and become a global leader in renewables. This is an investment in our prosperity and in the sustainability of the European economy. Regulatory stability is an important element for public authorities and private operators alike to achieve full implementation of this framework. Ambitious policies have been agreed at European level, including a reformed EU emissions trading system strengthening the price signal for CO2. For all other sectors, national greenhouse gas emission reduction targets have been set and legislation established to maintain the EU land and forests sink which absorbs more CO2 than it emits. On the side of energy, the targets to improve the EU's energy efficiency by at least 32.5% and to increase renewable energy to at least 32% of the EU's final energy consumption by 2030 are now approved and the proposed legislation to improve the CO2 efficiency of cars, vans and trucks will spur the transition in the transport sector.