The European Council released a “statement of intent” committing to set a 2035 emissions reduction target for the EU prior to the COP30 international climate conference in November, shortly after lawmakers acknowledged that they will miss the end-of-September deadline to submit its goal at the conference, as required by the Paris Agreement, as member states have not yet bridged disagreements on key aspects of the EU’s climate ambitions, such as the use of international carbon credits to reach emissions reduction goals.
While not yet settling on a target, the statement of intent indicated that the EU’s 2035 goal would include a goal to reduce greenhouse gas emissions by between 66.25% to 72.5% by 2035, on a 2019 basis.
