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Tom Young
3 July 2025
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EU proposes 90% 2050 climate target

European Commission introduces new flexibilities for member states to ease compliance with headline goal

The European Commission has proposed legislation for the EU to reduce net greenhouse gas (GHG) emissions by 90% on 1990 levels by 2040. The legislation builds on the current target of a 55% reduction by 2030—for which the Commission has said the EU is broadly on track—and includes new aspects such as the use of high-quality international credits, permanent removals through CCS, and greater emissions accounting flexibility between sectors. “We want to respond to the most essential challenge of our generation with full responsibility,” said executive vice-president of the European Commission Teresa Ribera. International credits The Commission has proposed that, starting from 2036, a limited co

Also in this section
EU’s binding CCS targets: A burden or a blessing?
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
Brazil eyes leadership role in global carbon market
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
EU proposes 90% 2050 climate target
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
Greater Mekong taps carbon market growth
1 July 2025
Supportive government policy, deforestation threat and economic opportunity drive forward the region’s monetisation of forest carbon

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