EU sets sights on climate target deal by September
- Posted on July 11, 2025
- By Yahoo News
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EU sets sights on climate target deal by September
COPENHAGEN/BRUSSELS (Reuters) -Most European Union countries have backed plans to agree a deal on their new climate change target by September, sources familiar with the discussions said on Friday. EU countries are negotiating their new 2040 climate change target, which the Commission last week proposed should be a 90% emissions reduction from 1990 levels, although countries would be allowed to buy international carbon credits to meet a limited share of the goal. Denmark, which took over the EU's rotating presidency this month and is chairing negotiations among countries on the target, aims to strike a deal at a summit of ministers in September, Denmark's energy and climate ministry said in a statement on Friday.