Strengthened55% impact weight
A binding interim 2040 target tightens the EU's decarbonization-policy trajectory toward 2050 neutrality, though its strength depends on the final negotiated text and permitted flexibilities.
policyneeds reviewconfidence: medium
EU proposes a binding 90% emissions-cut target for 2040
Following the 2024 confirmation of Wopke Hoekstra as Commissioner for Climate, Net Zero and Clean Growth, the European Commission advanced a proposal to enshrine in the European Climate Law a binding target to cut net greenhouse-gas emissions by 90% by 2040 compared with 1990. The proposal, intended to keep the EU on a science-based path to 2050 climate neutrality, must still be negotiated with member states and the Parliament and includes flexibilities such as limited use of international carbon credits.
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What happened
Following the 2024 confirmation of Wopke Hoekstra as Commissioner for Climate, Net Zero and Clean Growth, the European Commission advanced a proposal to enshrine in the European Climate Law a binding target to cut net greenhouse-gas emissions by 90% by 2040 compared with 1990. The proposal, intended to keep the EU on a science-based path to 2050 climate neutrality, must still be negotiated with member states and the Parliament and includes flexibilities such as limited use of international carbon credits.
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