One of the key priorities of the European Union is to prevent climate change. The EU has become the global pioneer of climate policy. It has been promoting renewable energy deployment, increasing energy efficiency and reducing CO2 emissions. It has demonstrated that emissions can be decoupled from the economic growth. Given that, the EU climate policy landscape and its evolvement are of great interest to neighboring countries. What are the key instruments of the EU climate policy? What can be the consequences of a shift towards energy efficient and low-carbon economy? Why do we need coordinated climate actions across the regions and across the globe?