Carbon Market Watch response to the EC inception impact assessment for the 2030 Climate Target Plan

Carbon Market Watch calls for the EU to adopt more ambitious climate targets, specifically a 65% reduction in greenhouse gas emissions by 2030 and climate neutrality by 2040, to remain consistent with the Paris Agreement's 1.5°C goal and the 'do no harm' principle.

• The EU should target at least a 65% reduction in greenhouse gas emissions by 2030 and achieve climate neutrality by 2040 to keep the 1.5°C temperature limit attainable, as the current 55% target is insufficient based on the UNEP Emissions Gap Report 2019.
• The European Commission's impact assessment must incorporate the principles of equity and common but differentiated responsibilities from Article 2 of the Paris Agreement, specifically by identifying atmospheric carbon budgets and the EU's fair share of global emission reductions.
• Any legislation implementing these climate goals should incorporate a 'no backsliding' principle to prevent the EU from falling behind on previous commitments and to ensure that climate commitments progress over time.

APA

Carbon Market Watch (2020). Carbon Market Watch response to the EC inception impact assessment for the 2030 Climate Target Plan. https://carbonmarketwatch.org/publications/carbon-market-watch-response-to-the-ec-inception-impact-assessment-for-the-2030-climate-target-plan/

Chicago

Carbon Market Watch. Carbon Market Watch response to the EC inception impact assessment for the 2030 Climate Target Plan. 2020. https://carbonmarketwatch.org/publications/carbon-market-watch-response-to-the-ec-inception-impact-assessment-for-the-2030-climate-target-plan/.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Carbon Market Watch response to the EC inception impact assessment for the 2030 Climate Target Plan |date=16 April 2020 |url=https://carbonmarketwatch.org/publications/carbon-market-watch-response-to-the-ec-inception-impact-assessment-for-the-2030-climate-target-plan/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2020carbon, author = {{Carbon Market Watch}}, title = {{Carbon Market Watch response to the EC inception impact assessment for the 2030 Climate Target Plan}}, publisher = {Carbon Market Watch}, year = {2020}, month = apr, url = {https://carbonmarketwatch.org/publications/carbon-market-watch-response-to-the-ec-inception-impact-assessment-for-the-2030-climate-target-plan/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }