EU Towards Achieving Emission Reduction Targets

BRUSSELS - In a context in which environmental awareness is waning in many EU countries, the European Commission announced today, Wednesday 28 May, that the Twenty-Seven collectively are on track to meet the noxious emissions reduction targets they have set for 2030. The announcement comes as the EU executive is due to propose a target for the next decade, between now and 2040, by the summer.

"The European Commission's assessment shows that the EU is currently on track to reduce net greenhouse gas emissions by around 54% by 2030, compared to 1990 levels, if Member States fully implement existing and planned national measures and EU policies." According to a regulation that entered into force in 2021, the EU has set itself two targets: a 55% reduction in harmful emissions by 2030 and climate neutrality by 2050.

In a communiqué published here in Brussels, the EU executive argues that 'Member States are demonstrating their political determination to reduce dependence on imported fossil fuels, to improve the resilience and security of energy supply and infrastructure, to accelerate the integration of the internal energy market, and to support those who need it most with investment and skills development'.

Climate and Clean Growth Commissioner Wopke Hoekstra added to the press this morning: 'The EU has already reduced emissions by 37% since 1990, by 8% in 2023 alone, and we are on track to continue on this path'. The Dutch politician went on to mention that 'the Social Climate Fund will provide targeted support for low-income households and small and medium-sized enterprises, particularly in the construction and transport sectors'.

Meanwhile, the European Commission remains very discreet about the targets for 2040, as these are controversial. Interviewed recently, spokeswoman Anna-Kaisa Itkonen explained that the proposal will be made known 'by the summer'. She added: 'The already expressed assumption of a 90 per cent reduction in harmful emissions compared to 1990 levels is a basis for discussions. We are currently exchanging ideas with governments and companies'.