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LEAK: Brussels eyes 90% climate goal for 2040, 11 EU countries call for ambition The European Commission is due to table a 90% climate target for 2040, according to a leaked draft, while a coalition of 11 EU countries including France and Germany have issued a letter calling...
But the 90 percent interim target for 2040 is at the lower range of the 90-95 percent recommended by the scientific advisory board. "So it already hints at EU lawmakers to intentionally avoid suggesting drastic climate goals under ...
On Tuesday (6 February), the European Commission announced that it wants to reduce the EU's net greenhouse gas (GHG) emissions by 90% by 2040, compared to 1990 levels, as an intermediate target to achieve its Green Deal ambition of making the bloc climate-neutral by 2050.Food and ...
The EU has among the most ambitious climate change policies of any major economy, having passed a raft of laws to deliver its 2030 target to cut net emissions by 55%, from 1990 levels. But the advisors said even their recommended 2040 target would fall short of what should be the ...
Qin Yan, a carbon analyst in Oslo with financial data provider Refinitiv, said the European Commission's goal will put the EU on track to the 2050 climate neutrality goal. But the 90 percent interim target for 2040 is at the lower range of the 90-95 percent recommended by the scientific...
publication of theCommission’s Communication on Europe’s 2040 climate targetearlier this year. The Commission intends to present a legislative proposal to enshrine a 90% emission reduction target for 2040 in theEuropean Climate Law. This target will subsequently infor...
21 March 2024 - Over 100 businesses and investors signed a joint letter calling on the EU to set a greenhouse gas emissions reduction target of at least 90% by 2040. A robust climate target and the decarbonisation of our economies will improve the EU’s
The 2040 target debate is an opportunity for the EU to send a clear signal to businesses that climate action will remain at the heart of the EU’s political agenda for the next two decades, according to the report. This will provide them with the predictability they need to inve...
New regulations–and rising expectations from stakeholders–are obliging companies to gain a deeper understanding of how to design, implement and disclose a credible transition plan aligned with the 1.5 degrees Celsius target. By prioritising this now, companies will be able to turn their climate ambi...