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.
A China-supported landmine elimination project has cleared more than 160 square kilometres of contaminated land in Cambodia since 2018, directly benef...
U.S. President Donald Trump and Russian President Vladimir Putin failed to reach a deal on Ukraine at their Alaska summit, sparking swift reactions fr...
When Donald Trump and Vladimir Putin sat down for their high-stakes summit, the choice of venue was as symbolic as the talks themselves — Alaska, a ...
A powerful explosion at a factory in Russia’s Ryazan region on Friday (August 15) left 11 people dead and 130 injured, the country’s emergencies m...
European Commission president Ursula von der Leyen said on Saturday that any eventual peace agreement to end the war in Ukraine must include strong se...
The European Bank for Reconstruction and Development (EBRD) has provided a €500 million loan (almost $590 million) to the national gas company Naftogaz (NAK) for emergency gas purchases for Ukraine.
U.S. President Donald Trump threatened "severe consequences" if Russia's Vladimir Putin does not agree to peace in Ukraine but also said on Wednesday that a meeting between them could swiftly be followed by a second that would include the leader of Ukraine.
Europe and Ukraine's leaders will speak to U.S. President Donald Trump at a virtual meeting on Wednesday ahead of his summit with Russia's Vladimir Putin, as they try to drive home the perils of selling out Kyiv's interests in pursuit of a ceasefire.
In a joint statement, the UK, France, Italy, Germany, Poland, Finland and the European Commission said Ukraine alone must decide its future. Their declaration came ahead of U.S. President Donald Trump’s meeting with Russian President Vladimir Putin in Alaska on Friday.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
A deadly heatwave has claimed 1,180 lives in Spain since May, with elderly people most at risk, prompting calls for urgent social support.
Talks at the United Nations in Geneva to establish a global legally binding treaty on plastic pollution went into overtime on Thursday, with discussions adjourned to Friday.
SOCAR Türkiye, a subsidiary of the State Oil Company of the Azerbaijani Republic, has announced about a cooperation with Turkish Airlines in the field of sustainable aviation fuel. The move is aimed at complying with Türkiye's goal of reducing aviation emissions by 5% by 2030.
Spain is calling on European partners for assistance as wildfires rage across the country during one of its longest and hottest heatwaves on record.
Juneau, Alaska, is on high alert as floodwaters from the Mendenhall Glacier threaten to reach record levels, forcing residents in vulnerable areas to evacuate immediately.
Wildfires, driven by intense heatwaves, strong winds, and in some cases suspected arson, raged across southern Europe on Wednesday, torching homes, farmland, and factories while forcing thousands of residents and tourists to flee.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment