Although the decision on the 2050 part of the draft EU climate law reached by the Council last Friday is a step in the right direction, until agreement can be reached on the new 2030 climate target, things are still at an impasse. This is made all the more difficult by the second wave of Covid-19 infections which is preventing EU and member state officials from meeting in person to hammer out an agreement on the new 2030 target and EU budget.
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EU environment ministers strike deal on climate law but not 2030 target
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European Union environment ministers struck a deal on Friday (23 October) to make the bloc’s 2050 net-zero emissions target legally binding, but left a decision on a 2030 emissions-cutting target for leaders to discuss in December.
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The Linklaters annual ESG outlook has been published and you can download your copy here. Watch our global head of ESG, Rachel Barrett,...
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