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EU proposes 90% climate emission cuts by 2040

European Commission Executive Vice-President for Clean, Just and Competitive Transition Teresa Ribera speaks during a press conference on an EU climate target for 2040 (PHOTO: Yves Herman/REUTERS)
2 July 2025 14:34

BRUSSELS (AFP) 

The European Commission proposed on Wednesday to cut greenhouse gas emissions by 90 per cent by the year 2040, with flexibility to address concerns from EU states that must greenlight the plans.

The long-delayed target is a key milestone towards the European Union's 2050 carbon neutrality goal. To sway sceptical capitals, the EU executive proposes that from 2036, the bloc's 27 countries can count carbon credits purchased to finance projects outside Europe, for up to three per cent of their emission cuts.

Source: AFP
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