The European Commission has put forward a proposal to amend the EU Climate Law, setting a new legally binding target to reduce net greenhouse gas emissions by 90% by 2040 compared to 1990 levels. This bold step aims to boost investor confidence, strengthen the EU’s industrial competitiveness, and enhance Europe’s energy security amid ongoing geopolitical and economic challenges.
Building on the existing 2030 target of a 55% emissions reduction, the 2040 goal is a key milestone on the path to the EU’s ultimate ambition of climate neutrality by 2050.
Read Also: European Firms Maintain Confidence in Vietnam Despite Global Challenges
The proposal draws on scientific guidance from the Intergovernmental Panel on Climate Change (IPCC) and the European Scientific Advisory Board on Climate Change and aligns with broader strategies including the EU Competitiveness Compass, the Clean Industrial Deal, and the Affordable Energy Action Plan — frameworks designed to ensure a just and economically viable green transition.
Public backing remains strong, with a recent Eurobarometer survey showing 85% of Europeans consider climate change a serious issue and 81% support the 2050 neutrality target.
Alongside the amendment, the Commission released a progress report on measures implemented under the Clean Industrial Deal, providing a roadmap for achieving the 2040 emissions reduction target.
Read Also: EU Forms Sustainable Textile Group for Circular Transition
The legislative proposal now moves to the European Parliament and Council for discussion and approval under the ordinary legislative procedure. Once adopted, this target will become a central benchmark for EU climate policy beyond 2030.
The EU Climate Law, effective since July 2021, legally commits the Union to climate neutrality by 2050, underpinning Europe’s long-term environmental and economic sustainability.
