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News in English (USA) / 02.07.2025 / 10:00

EU Faces Challenges in Achieving 2040 Climate Targets as Debate Intensifies

As Europe grapples with worsening climate conditions, the EU is set to unveil its long-awaited 2040 climate targets, which may incorporate international carbon credits into its emissions reduction plans. Despite the ambitious goal of slashing greenhouse gas emissions significantly, internal divisions have emerged, particularly with France seeking to delay the timeline, raising concerns over commitments to the Paris Agreement. EU leaders are expected to discuss policies that would allow carbon offsets from developing countries, yet critics warn that these flexibilities might undermine the overall reduction goals. The upcoming summit in Brussels promises to highlight the tensions between climate ambitions and political realities as nations navigate their roles in achieving these targets.
politico.eu, Reuters, The Guardian, Bloomberg, Euractiv, Quantum Commodity Intelligence, MLex, AInvest, WWF EU, Euronews.com