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2040 Climate Target: EU’s Climate Turning Point?
July 8 @ 10:00 - 12:00
This was an online event.
The European Climate Law required the EU to set a 2040 climate target within six months of the first Global Stocktake under the Paris Agreement—an essential milestone on the path to climate neutrality. On 6 February 2024, the EU Commission published its Communication ‘Securing our future – Europe’s 2040 climate target and path to climate neutrality by 2050 building a sustainable, just and prosperous society’, recommending a 90% net reduction in greenhouse gas emissions by 2040 compared to 1990 levels. The 2040 target, once agreed, will form the basis of the EU’s new Nationally Determined Contribution (NDC) under the Paris Agreement, to be communicated to the UNFCCC before COP30.
The Commission officially published the 2040 climate target on July 2, 2025.
This event discussed the implications of the EU’s 2040 climate target across sectors, examined the enabling conditions identified by the Commission, and assessed the alignment of the target with long-term climate neutrality goals.