Report Summary
The amendment to the EU Climate Law proposes setting a binding 2040 intermediate target of a 90% net reduction in greenhouse gas emissions compared to 1990 levels. This aims to ensure climate neutrality by 2050 and negative emissions thereafter. The proposal emphasizes a just transition, addressing social and economic impacts across member states. Natural and technological carbon removals are reinforced as complementary measures to emission reductions. Enhancing the competitiveness of European industry and diversifying critical raw material sources are key priorities.
Bogdan RZOŃCA