To align with the Paris Agreement 1.5°C, the EU should reduce its domestic greenhouse gas emissions by at least 65% gross reductions compared to 1990 levels by 2030 and increase net removals in the LULUCF sector to at least 600 MtCO2e by the same date and maintain them at least at this level thereafter (therefore achieving at least 76% net emission reductions by 2030).
The EU should reach net zero by 2040 at the latest based on at least 92% gross emission reductions. Furthermore, the EU should commit to adopt 5-year policy cycles and establish a 2035 climate target and NDC of at least 82% gross (at least 94% net) emission reductions relative to 1990.
The EU should establish separate targets for a) greenhouse gas emission reductions, b) net sequestration in the LULUCF sector, c) permanent industrial removals, and vastly increase its international climate finance and support for cooperation measures. Ensuring nature protection and a just transition is key in the implementation of these climate targets.
CAN Europe’s position paper on EU climate target and equitable GHG budget for the EU (Updated September 2024)
