Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » 2040 climate target further delayed with COP around the corner
    Environment

    2040 climate target further delayed with COP around the corner

    Sponsored By: WWF23 October 202504 Mins Read
    — Filed under: Press
    Share
    Facebook Twitter LinkedIn Pinterest Email

    European leaders met to discuss the EU’s 2040 climate target but concluded without reaching a decision and passed the baton back to Environment Ministers.

    Green planet - Photo by Bhautik Patel on Unsplash

    That said, the Council conclusions make one thing clear: the proposed 90% emissions reduction target is still the only number on the table. WWF urges the EU’s Environment Ministers to finish the job in time for COP30 in Belem and confirm a 2040 target of at least 90% emissions reduction – without any international offsets.

    After today’s summit, there is only one stop left on the road to Belem: the expected extraordinary Council of Environment Ministers. That meeting will be Europe’s final pit stop before COP30 and the last opportunity for the EU to agree on a credible emission reduction target for 2035, which is required under the Paris Agreement as part of the EU’s National Determined Contribution (NDC). This has not been submitted yet because of the delay in agreeing on the 2040 target.

    “Environment Ministers passed the 2040 baton to European leaders, and they have handed it straight back to them. It is time for this game of pass the parcel to stop and for someone to take a decision, so the EU does not turn up in Belem empty-handed,” said Alex Mason, Head of Climate and Energy at WWF EU.

    However, there are still some pitfalls which could hollow out the 90% target. WWF is concerned about the vague wording in today’s Council conclusions on the timing, amount, and quality of the international offsets, which could water down the overall ambition of the target.

    “The 90% target was not challenged by EU leaders, so that remains the only number on the table. The question is just how much of that will be real domestic emissions cuts, rather than international offsets. Given how unreliable those have proved in the past, the right answer must be zero. They might look good on paper, but the atmosphere cannot be tricked by creative accounting,” Mason added.

    European leaders also overlooked the root cause of the decline of natural removals, instead suggesting that EU climate goals around carbon removals need to be weakened. A stable and healthy land carbon sink is crucial for the EU to meet its climate goals and ensure resilience against escalating climate impacts. The science is clear: logging is the leading cause of a lower rate of CO2 absorption by EU’s forests, not natural disasters. This is what the EU should address.

    While European leaders may have avoided setting the number themselves, their conclusions implicitly endorse the 90% target as the only realistic figure in play. As the climate clock ticks louder, Europe cannot afford to kick the can down the road any longer. The decisions made on 4 November will determine whether the EU arrives at COP30 as a climate leader or a laggard.

    Deregulation Drive

    EU leaders also renewed their push for the simplification of EU laws, a move that risks weakening vital environmental protections. Since taking office, the European Commission’s deregulation drive has already rolled back several environmental and health standards. Today, leaders called for even broader deregulation, following a joint letter from 19 heads of state and government urging a “constant stream” of Omnibus proposals from the Commission. These initiatives have drawn criticism for lacking transparency, proper impact assessments, and public consultation, and are currently under investigation by the European Ombudsman.

    Ester Asin, Director of the WWF European Policy Office, said: “Today’s discussion offers little reassurance that EU leaders will protect rules safeguarding people and nature. If they truly care about competitiveness and predictability for businesses, they should fully implement existing environmental laws – a move that could save the EU economy at least €180 billion each year according to the Commission’s research, compared to just €8 billion expected from deregulation.”

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    eub2
    • Website

    eub2 is the default publisher for EUbusiness.

    Related Content

    Clean drop of water - Image Pexels

    New legislation to strengthen protection of water in the EU enters into force

    Clean drop of water - Image Pexels

    Water resilience is the next frontier for financial stability, warns WWF

    Sponsor: WWF7 May 2026
    EEB logo

    Policy Officer for Chemicals, European Environmental Bureau, EEB

    Deforestation - Image by Robert Jones from Pixabay

    Commission review shuts down calls to roll back EU Deforestation Regulation

    Sponsor: WWF4 May 2026
    Deforestation - Photo by Annie Spratt on Unsplash

    EU presses on with deforestation law but exempts leather imports

    Sustainable finance - Image by Nattanan Kanchanaprat from Pixabay

    Largest companies in France still unprepared for nature transition, finds WWF

    Sponsor: WWF30 April 2026
    LATEST EU NEWS
    Drugs - Photo by Myriam Zilles on Unsplash

    EU reaches deal on tackling shortages of essential medicines

    12 May 2026
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    May currency outlook – Euro currency news

    12 May 2026
    Clean drop of water - Image Pexels

    New legislation to strengthen protection of water in the EU enters into force

    11 May 2026
    Asaad Al-Shaibani - Dubravka Suica © European Union 2026

    EU restores full application of EU-Syria trade agreement

    11 May 2026
    Airplane landing - Image by Pixabay

    Brussels issues guidance for EU transport sector affected by Middle East crisis

    8 May 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?