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The European Commission proposed on Tuesday to amend the EU Climate Law, setting a binding target of a 90 percent reduction in net greenhouse gas emissions by 2040, compared to 1990 levels.
The proposal would replace Articles 4(3) and 4(5), creating a midpoint to help track progress and guide compliance. The Commission said the proposal offers businesses and governments greater predictability in investment and planning. This EU institution notes that the target was developed in consultation with industry members and allows for flexibility in implementation.
Teresa Ribera, Executive Vice-President for Clean, Just and Competitive Transition, said, “Today we decided to continuing with our climate policies as they are pivotal to achieving other social and economic policy goals, such as security and prosperity of our people and companies. We are not choosing between the economy and the green agenda, we are choosing both”.
The law currently mandates a 55 percent cut by 2030 and net-zero emissions by 2050. Until now, there was no formal benchmark for 2040.
The Commission acknowledged that some economies face unique challenges in reducing emissions. For example, countries with land-based sectors may struggle to lower emissions from agriculture, but can compensate with progress in other areas. The amendment allows sectors that fall short of their emissions targets to be balanced by overperformance in others. Financial incentives, including tax credits for clean energy investment, are intended to support the transition.
The announcement comes as the Commission faces criticism over a separate legislative effort that some argue undermines its climate commitments. In February, the Commission introduced the Omnibus I package, which seeks to simplify EU sustainability laws by amending the Corporate Sustainability Due Diligence Directive (CSDDD).
Under the CSDDD, which entered into force in 2024, companies are required to assess and address environmental harms across their supply chains. The Omnibus I proposal would narrow that scope by limiting due diligence primarily to direct suppliers and delay implementation deadlines by two years. It would also revise the requirement for corporate climate transition plans. Rather than obligating companies to implement such plans, the proposal would require only that they outline intended or pending actions.
Critics warn that these reforms could allow companies to avoid accountability by shifting harmful practices outside EU jurisdiction, prioritizing profit over environmental responsibility without facing consequences under EU law.
The Commission maintains that Omnibus I is aimed at streamlining overlapping obligations and preventing compliance burdens from cascading onto smaller companies. Critics argue it risks undercutting the EU’s credibility on climate and sustainability leadership just as it sets more ambitious goals.
As of 2025, the EU is rated as achieving a “medium” level of progress in reducing its greenhouse gas emissions.
The post European Commission sets new 2040 climate target of emissions reduction appeared first on JURIST - News.
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The proposal would replace Articles 4(3) and 4(5), creating a midpoint to help track progress and guide compliance. The Commission said the proposal offers businesses and governments greater predictability in investment and planning. This EU institution notes that the target was developed in consultation with industry members and allows for flexibility in implementation.
Teresa Ribera, Executive Vice-President for Clean, Just and Competitive Transition, said, “Today we decided to continuing with our climate policies as they are pivotal to achieving other social and economic policy goals, such as security and prosperity of our people and companies. We are not choosing between the economy and the green agenda, we are choosing both”.
The law currently mandates a 55 percent cut by 2030 and net-zero emissions by 2050. Until now, there was no formal benchmark for 2040.
The Commission acknowledged that some economies face unique challenges in reducing emissions. For example, countries with land-based sectors may struggle to lower emissions from agriculture, but can compensate with progress in other areas. The amendment allows sectors that fall short of their emissions targets to be balanced by overperformance in others. Financial incentives, including tax credits for clean energy investment, are intended to support the transition.
The announcement comes as the Commission faces criticism over a separate legislative effort that some argue undermines its climate commitments. In February, the Commission introduced the Omnibus I package, which seeks to simplify EU sustainability laws by amending the Corporate Sustainability Due Diligence Directive (CSDDD).
Under the CSDDD, which entered into force in 2024, companies are required to assess and address environmental harms across their supply chains. The Omnibus I proposal would narrow that scope by limiting due diligence primarily to direct suppliers and delay implementation deadlines by two years. It would also revise the requirement for corporate climate transition plans. Rather than obligating companies to implement such plans, the proposal would require only that they outline intended or pending actions.
Critics warn that these reforms could allow companies to avoid accountability by shifting harmful practices outside EU jurisdiction, prioritizing profit over environmental responsibility without facing consequences under EU law.
The Commission maintains that Omnibus I is aimed at streamlining overlapping obligations and preventing compliance burdens from cascading onto smaller companies. Critics argue it risks undercutting the EU’s credibility on climate and sustainability leadership just as it sets more ambitious goals.
As of 2025, the EU is rated as achieving a “medium” level of progress in reducing its greenhouse gas emissions.
The post European Commission sets new 2040 climate target of emissions reduction appeared first on JURIST - News.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.