EU Publishes Proposals For 2040 Emission Reduction Targets

Feb 8, 2024

On February 6th, 2024, the European Commission published its recommendation for the 2040 emission reduction targets and the communication on EU Industrial Carbon Management.

The Commission has also published a detailed impact assessment on possible pathways to reach climate neutrality by 2050 to inform future legislation.

The Commissions’ recommendations start the process of preparing the 2040 target, launch a broad political debate and a dialogue with stakeholders and citizens on how to reach climate neutrality by 2050.

2040 EU emission reduction targets

Based on the Impact Assessment and the advice of the European Scientific Advisory Board on Climate Change, the Commission recommends a 90% reduction in net greenhouse gas emissions by 2040 compared to 1990 levels. The 90% target is the necessary mid-step between 2030 and carbon neutrality by 2050. The target is compatible with the advice from the European Scientific Advisory Board on Climate Change and backed up by a 605-page impact assessment.

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