US EditionEU in last-minute talks to set new climate goal for COP30
- On Tuesday, EU ministers must agree a unanimous 2035 NDC as talks among the EU's 27 member states are expected to stretch into the night before COP30 in Belem, Brazil.
- After years leading on climate, the EU has seen a political shift to the right with defence and competitiveness displacing climate, though the European Commission proposed a 90 percent emissions cut by 2040 and the EU mobilised 31.7 billion euros in public climate finance in 2024.
- A commission proposal on carbon credits, supported by Spain, Nordic countries, and Germany, faces opposition from Hungary, Poland, the Czech Republic, and Italy, with some countries advocating a review clause in the 2040 climate law.
- Ministers are expected Tuesday to formalise a 66.25 percent to 72.5 percent range as the bloc's legally binding 2035 Nationally Determined Contribution under the Paris Agreement, but EU capitals have not yet endorsed deeper steps due to economic concerns.
- Civil-Society voices warned that Paris negotiators seek nuclear sector guarantees, clean industry funding and forestry flexibility, while the EU emissions cut 37 percent since 1990 raises COP30 credibility stakes.
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73 Articles
EU-India Boost Clean Energy and Climate Partnership with New Industrial Transition Push: EU Diplomat
Get latest articles and stories on Business at LatestLY. The European Union and India are deepening cooperation in clean energy, climate action, and industrial decarbonisation through initiatives like the Industrial Transition Accelerator (ITA), launched in India ahead of COP30 to help industries adopt green technologies and cut emissions, Bartosz Przywara, Counsellor for Energy, Climate Action and Environment, European Union delegation to India…
Associated Press News
European Union tries to forge new climate targets before the COP30 summit in Brazil starts next week
The European Union is working to establish new climate goals before the U.N. climate talks in Brazil starts next week.
Green’s lead MEP ahead of COP30: 'We're making an absolute joke of ourselves'
The 24-year old Green MEP Lena Schilling will attend the UN Climate Conference in Brazil — even though she thinks it's "broken". In an interview with EUobserver, she explains why she’s frustrated with the current state of the climate talks, what she expects from COP30, and who she believes is holding back global progress.
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