The European Commission has proposed an amendment to the EU Climate Law aimed at reducing net greenhouse gas emissions 90% by 2040, compared with 1990 levels.
"The EU is currently on track to meet its next target of 55% reduction by 2030. The new proposal builds on this legally binding goal and sets out a more pragmatic and flexible way to reach the 2040 target. The proposed 2040 climate target takes into account the current economic, security and geopolitical landscape," - the Commission said in its statement.
A large majority of Europeans continue to view climate change as a serious global threat, with 85% of citizens identifying it as a major problem. 81% support the EU's goal of reaching climate neutrality by 2050, according to a recent survey.
Under the plan, member states would be granted more flexibility to achieve the climate targets. Currently, they have only been able to count domestic greenhouse gas reductions, but from 2036, the proposal allows carbon credits from non-EU countries to count for up to 3% of the overall 90% reduction compared to 1990 levels.
"With our 2040 target, we are staying the course on a clean transition. We have a clear plan to make it work: a strong enabling environment, the Clean Industrial Deal, and three impactful flexibilities. This framework provides industry and member states with clear direction and supports their investment strategies, while keeping Europe firmly on track to achieve climate neutrality by 2050," - stated European Commissioner for Climate Action, Net-Zero, and Clean Growth, Wopke Hoekstra.
He added that it will serve as an instrument in the EU’s international climate diplomacy, supporting emissions reductions and the development of carbon markets under the Paris Agreement.
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Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
Vast flocks of storks passed through Türkiye and the Bosporus this week as part of their annual autumn migration from European breeding grounds toward Africa and the Middle East.
China's coastal areas and southern regions are preparing for days of intense precipitation, with tens of thousands of people evacuated as Typhoon Narra tracks inland and another storm churns toward the country's eastern seaboard.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
Rhossi, a rare Kemp’s ridley sea turtle that washed up near death on a Welsh beach in 2023, has returned to Texas after more than two years of rehabilitation in the UK.
Glacier coverage in Kyrgyzstan’s Issyk-Kul Basin has shrunk by 33.7 per cent over the past 70–90 years, according to an updated glacier inventory by Kyrgyzhydromet. The agency says the pace of glacier retreat has accelerated sharply in recent years.
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