EU's Climate Law presents a new way to get to 2040

It will give certainty to investors, innovation, strengthen industrial leadership of our businesses, and increase Europe's energy security. Just this week, the latest Eurobarometer showed strong citizens support for EU climate action, providing a solid mandate to stay the course of the EU's clean transition agenda. The EU is well on track to meet our 2030 target of 55%. Today's proposal builds on the EU's existing legally binding goal of reducing net GHG emissions by at least 55% by 2030, and sets out a more pragmatic and flexible way to reach the target, with a view towards a decarbonised European economy by 2050.