Companies call for ambitious 2040 climate target as EU 'closes in' on 2030 goals
The EU is on track to cut emissions by around 54% by 2030.
Companies are calling on the EU to set a 90% GHG reduction target for 2040, as the European Commission announces that the bloc is nearly on track to meet its 2030 goals.
Over 150 business leaders and investors have signed a letter urging the EU to adopt a net GHG emissions reduction target of at least 90% by 2040 in order to strengthen the business case for decarbonisation.
