On July 2, 2025, the European Union (EU) announced its ambitious target to reduce greenhouse gas emissions by 90% by 2040, compared to 1990 levels. This is a key step toward its goal of becoming carbon-neutral by 2050. The announcement comes as Europe battles extreme heatwaves, highlighting the urgency of climate action.
To gain wider support, the EU included a provision allowing member states to use carbon credits—starting in 2036—for up to 3% of their targets, sparking concerns among environmental groups. Critics argue this may weaken internal emission reductions and divert focus from domestic green investments.
While some countries raise cost-related concerns, EU climate chief Wopke Hoekstra calls the plan both “ambitious and flexible.” The proposal is now set for ministerial review in July and a vote in September, ahead of the COP30 summit in Brazil.
