- New 2040 Climate Target: EU proposes a 90% reduction in net GHG emissions by 2040 (vs. 1990), introducing flexible mechanisms including international carbon credits and permanent carbon removals.
- Clean Industrial Deal Aligned: The target supports industrial competitiveness, energy security, and a fair transition through new tax incentives, state aid, and CBAM simplification.
- Strategic Global Positioning: Reinforces EU’s Paris Agreement commitments ahead of COP30, shaping global climate leadership and sustainable investment flows.
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels,
