The European Union is preparing to finalize its climate goals agreement for 2040, with a new document expected on July 2, 2025. This decision addresses concerns about member states' commitment and investment in reducing CO2 emissions.
Diplomats indicate the proposal will target a 90% reduction in net greenhouse gas emissions by 2040 compared to 1990 levels. The EU executive body plans to introduce flexibility, potentially easing requirements for domestic industries.
EU countries hold differing views on the 2040 goal, which requires approval from both member states and EU lawmakers. Finland, the Netherlands, and Denmark support a 90% emissions cut, while Italy and the Czech Republic are among the opponents.
The 2040 goal will aim to keep EU countries on track between their 2030 emissions target - which they are nearly on track to meet - and the EU's aim to reach net zero emissions by 2050.