EU stays the course with EU 2040 target amendment

The We Mean Business Coalition supports the European Commission's proposed Climate Law amendment, which sets a 90% emissions reduction target for 2040. The Coalition argues that this target provides necessary predictability for businesses and enhances competitiveness, while urging that the Clean Industrial Deal be linked to this goal. It further advocates for the 2040 target to inform a 2035 Nationally Determined Contribution (NDC) of at least 72.5% and suggests that high-quality international carbon credits used after 2036 could provide essential finance for developing countries.

• The European Commission has proposed an amendment to the Climate Law featuring a headline target of a 90% reduction in emissions by 2040, which the We Mean Business Coalition views as a robust and achievable goal that provides policy predictability for businesses.
• The Coalition recommends that the European Commission link the Clean Industrial Deal to the 2040 target and suggests that the 90% target should be used to establish a 2035 NDC of at least 72.5%.
• While acknowledging the need for flexibility in the proposal, the Coalition notes that the use of high-quality international carbon credits after 2036 could serve as a source of finance for developing countries.

APA

Clandillon, S. (2025). EU stays the course with EU 2040 target amendment. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/eu-stays-the-course-with-eu-2040-target-amendment/

Chicago

Clandillon, Susan. EU stays the course with EU 2040 target amendment. We Mean Business Coalition, 2025. https://www.wemeanbusinesscoalition.org/blog/eu-stays-the-course-with-eu-2040-target-amendment/.

Wikipedia

{{cite press release |last1=Clandillon |first1=Susan |title=EU stays the course with EU 2040 target amendment |publisher=We Mean Business Coalition |date=7 July 2025 |url=https://www.wemeanbusinesscoalition.org/blog/eu-stays-the-course-with-eu-2040-target-amendment/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{clandillon2025stays, author = {Clandillon, Susan}, title = {{EU stays the course with EU 2040 target amendment}}, publisher = {We Mean Business Coalition}, year = {2025}, month = jul, url = {https://www.wemeanbusinesscoalition.org/blog/eu-stays-the-course-with-eu-2040-target-amendment/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }