EU: Environmental ministers ink deal to turn no emission target into climate law

European Union Environment Ministers, on October 23, struck a deal to make bloc’s 2050 net-zero emissions target legally binding. new one-of-its-kind law, which would require billions of investments annually, would also form basis for Europe’s plan to cut greenhouse gas emissions. In dendum, it would also aid bloc to achieve its target of reaching net-zero emissions by 2050.

2030 target to be discussed later

Although lawmakers me a firm decision on 2050 emission target, y left decision on ir 2030 emissions-cutting target to be discussed in December. deal was inked in Luxembourg with t even a single country rejecting bill. 2050 net-zero emission target involves whole EU, implying that one country could make higher emissions if ors make deeper cuts.

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" EU aims to be climate-neutral by 2050 – an ecomy with net-zero greenhouse gas emissions. This objective is at heart of  European Green Deal and in line with EU’s commitment to global climate action under  Paris Agreement", re a statement on europa.eu.

Last week, European Union lawmakers discussed epidemiological situation, relations with United Kingdom and climate change. Regarding climate change, EU decided to increase its ambition for coming dece in order to meet ir objective of climate neutrality by year 2050. re was a discussion on ‘Stepping up Europe’s 2030 climate ambition’, and EU's executive, European Commission said that re is a need to cut emissions by 55 per cent by year 2030. 

Leers urged all or parties to submit an updated nationally determined contribution (NDC) and also underline importance of ‘strong coordinated action through active European climate diplomacy’. This was done because Commission has decided to furr discuss issue during its meeting in December where a new emissions reduction target for 2030 will be set and also where EU will submit its updated NDC to United Nations Framework Convention on Climate Change. EU leers believe that an updated gold should be given collectively in most ‘cost-effective manner’.

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