Deal on EU’s 2030 climate target ‘within grasp’

(EurActiv, 10 Dec 2020) European Union leaders are set to endorse a 2030 target to reduce net greenhouse gas emissions by “at least 55%” during a two-day summit opening in Brussels today, according to draft conclusions seen by EURACTIV.

The outlines of an agreement on the EU’s 2030 climate target became clearer yesterday after Poland and Hungary got reassurances over a proposal linking the disbursement of EU funds with respect for the rule of law.

Warsaw and Budapest blocked the EU’s proposed €1.8 trillion seven-year budget and recovery fund last month because of rule of law provisions which they say is illegal.

Both governments are under investigation over restrictions to media freedom and the judiciary and could lose out on billions in green funding if EU sanctions were applied.

“An agreement on an enhanced emissions reduction target of at least 55% by 2030 is within our grasp,” said Charles Michel, the President of the European Council who chairs EU summit meetings.

“Work on the best way to get to this ambitious target is well underway. This would be a major achievement and would underpin our claim to play a leading role in fighting climate change,” he said in his invitation letter to EU leaders on Wednesday (9 December).

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EurActiv, 10 Dec 2020: Deal on EU’s 2030 climate target ‘within grasp’