The EU will make changes to its climate legislation by the end of March. Among the possible innovations is the reduction of net emissions by 90% by 2040.
Such plans became known from the working program of the European Commission, published on February 12.
In the document, this body of executive power stated that it intends to offer the EU countries by 2040 to jointly reduce their net emissions by 90% compared to 1990. Recall, earlier the countries of the bloc committed themselves to reduce net emissions by 55% by 2030 as part of the “Fit for 55” target.
The basis for a joint plan to decarbonize and boost competitiveness is expected to be the Clean Industrial Deal, which will “pave the way to the proposed target.”
EU officials say the 2040 climate target is also being used to set the 2035 target, which all countries must submit to the UN this year as a national contribution to the Paris climate agreement.
Among the key outcomes of the European Commission's 2025 work program is the adoption of the Industrial Decarbonization Accelerator Act, which will simplify permitting, approvals and reporting requirements.
A European Water Sustainability Strategy will be developed to effectively manage water resources and address the impacts of climate change, such as floods and droughts. It will introduce an integrated source-to-sea approach, the work program says.
The other day, EcoPolitic wrote about the fact that the largest polluting countries, including the EU, failed to submit their new climate plans to the UN in time.
Recall that a year ago, the European Commission has already announced ambitious climate goals until 2040, which provide for a 90% reduction in emissions.