Briefing - An EU climate target for 2040 - 15-05-2025
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Article 4(3) of the European Climate Law states: 'With a view to achieving the climate-neutrality objective set out in Article 2(1) of this Regulation, a Union-wide climate target for 2040 shall be set'. Article 4(4) and 4(5) sets out aspects to consider in sBriefing - An EU climate target for 2040 - 15-05-2025
Article 4(3) of the European Climate Law states: 'With a view to achieving the climate-neutrality objective set out in Article 2(1) of this Regulation, a Union-wide climate target for 2040 shall be set'. Article 4(4) and 4(5) sets out aspects to consider in setting the 2040 target. In early 2024, the European Commission adopted a communication accompanied by an impact assessment (IA) regarding a 2040 target and the pathway to 2050 climate neutrality. Setting out pathway scenarios and an indicative 2030-2050 EU greenhouse gas (GHG) budget, it considers that a 2040 climate target depends on two dimensions (I): fairness and (II): feasibility. The legislative proposal was scheduled for first quarter 2025 but is delayed until June or July 2025. Source : © European Union, 2025 - EP Read more