The Fort Worth Press - EU states agree 'face-saving' broad UN emissions-cutting target

USD -
AED 3.672504
AFN 64.000368
ALL 80.660025
AMD 364.155001
ANG 1.790365
AOA 918.000367
ARS 1524.750402
AUD 1.417435
AWG 1.8
AZN 1.70397
BAM 1.716593
BBD 2.014833
BDT 123.096502
BGN 1.683441
BHD 0.377145
BIF 3013.033747
BMD 1
BND 1.278097
BOB 12.259622
BRL 5.188104
BSD 1.000307
BTN 95.794093
BWP 13.621802
BYN 3.022425
BYR 19600
BZD 2.011937
CAD 1.41495
CDF 2340.000362
CHF 0.828271
CLF 0.024357
CLP 961.770396
CNY 6.71325
CNH 6.734304
COP 3348.488173
CRC 454.820731
CUC 1
CUP 24.008426
CVE 96.778865
CZK 21.384404
DJF 178.136657
DKK 6.562804
DOP 59.49006
DZD 133.78604
EGP 51.914688
ERN 15
ETB 162.282003
EUR 0.87791
FJD 2.24725
FKP 0.754991
GBP 0.754689
GEL 2.61504
GGP 0.754991
GHS 11.618906
GIP 0.754991
GMD 73.503851
GNF 8797.998859
GTQ 7.639444
GYD 209.30355
HKD 7.84345
HNL 26.849519
HRK 6.613804
HTG 130.916751
HUF 320.61504
IDR 17914.1
ILS 3.04806
IMP 0.754991
INR 95.817504
IQD 1310.484048
IRR 1374575.000352
ISK 120.260386
JEP 0.754991
JMD 158.265678
JOD 0.70904
JPY 157.28504
KES 129.644095
KGS 87.448204
KHR 4068.10901
KMF 433.00035
KPW 900.000318
KRW 1355.185039
KWD 0.30864
KYD 0.833633
KZT 443.156186
LAK 22438.232325
LBP 89581.428007
LKR 330.293588
LRD 172.063018
LSL 16.32106
LTL 2.95274
LVL 0.60489
LYD 6.395752
MAD 9.599596
MDL 17.756616
MGA 4416.553298
MKD 54.043972
MMK 2099.795344
MNT 3598.18988
MOP 8.082152
MRU 40.243999
MUR 47.530378
MVR 15.450378
MWK 1734.585509
MXN 17.679204
MYR 4.074104
MZN 63.910377
NAD 16.32106
NGN 1326.380377
NIO 36.810462
NOK 9.50785
NPR 153.270725
NZD 1.749629
OMR 0.385571
PAB 1.000307
PEN 3.395971
PGK 4.456927
PHP 62.347038
PKR 277.197262
PLN 3.83775
PYG 5896.344407
QAR 3.646377
RON 4.629204
RSD 103.085092
RUB 84.346338
RWF 1478.474569
SAR 3.752852
SBD 8.000512
SCR 13.902664
SDG 601.503676
SEK 9.91775
SGD 1.277904
SHP 0.755002
SLE 24.650371
SLL 20969.491881
SOS 571.729495
SRD 37.667504
STD 20697.981008
STN 21.503489
SVC 8.753236
SYP 13002.000254
SZL 16.317198
THB 33.375038
TJS 9.228244
TMT 3.51
TND 2.961425
TOP 2.40776
TRY 48.942504
TTD 6.803879
TWD 31.728704
TZS 2654.934831
UAH 44.794751
UGX 3918.023434
UYU 40.075482
UZS 11839.206565
VES 852.43145
VND 25976
VUV 118.485868
WST 2.745655
XAF 575.871484
XAG 0.015553
XAU 0.000233347179
XCD 2.70255
XCG 1.80287
XDR 0.707052
XOF 575.871484
XPF 104.673717
YER 236.650363
ZAR 16.304245
ZMK 9001.203584
ZMW 19.513758
ZWL 321.999592
SSP 5712.5919
MXV 2.00344
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

EU states agree 'face-saving' broad UN emissions-cutting target
EU states agree 'face-saving' broad UN emissions-cutting target / Photo: © AFP

EU states agree 'face-saving' broad UN emissions-cutting target

The EU agreed a broad emissions-cutting target on Thursday to bring to a UN conference in Brazil, sparing the bloc potential diplomatic embarrassment but risking its reputation as a climate champion.

Text size:

Environment ministers for the 27-nation bloc met in Brussels with the clock ticking down on a UN deadline to produce an official pledge to fight global warming for 2035.

The countries have not been able to agree on their level of ambition, so settled for a compromise "statement of intent" to cut emissions between 66.25 percent and 72.5 percent compared to 1990 levels, according to diplomatic sources.

"It's very positive that member states have been able to reach a consensus," Lars Aagaard, climate minister of Denmark, which holds the EU's rotating presidency, told a press conference.

The EU "is and will remain a global climate leader", he said.

The EU -- behind only China, the United States and India in terms of greenhouse-gas emissions -- has been by far the most committed of the major polluters to climate action.

The bloc was hoping come up with an ambitious submission to November's COP30 climate conference but months of negotiations failed to produce an agreement, leaving Brussels scrambling for a last-minute solution.

Denmark suggested a "statement of intent" with a target range rather than a hard goal backed by a detailed plan -- a majority of states eventually getting on board on Thursday after a long day of talks in Brussels.

- 'Better than nothing' -

While not as good as a formal submission, a statement of intent was "much better than nothing", a senior EU diplomat said ahead of the discussions.

"It sort of saves the EU face at international level," said Elisa Giannelli of the E3G climate advocacy group.

The UN has pushed for world leaders, among them EU chief Ursula von der Leyen, to announce their commitments at the General Assembly in New York next week.

The deal "allows us to confidently walk into New York next week", Wopke Hoekstra, the European Commissioner for Climate, told reporters.

He described the target range as "ambitious" and "clearly in line with the Paris Agreement".

Like most other parties to the 2015 Paris Agreement, the EU had already missed a February deadline to provide a 2035 emissions reduction target and a detailed blueprint for achieving it.

The deadline was extended to September -- still allowing plans to be assessed before COP30 starts on November 10, in the Brazilian city of Belem.

While the statement of intent did not count as the official EU submission, the bloc was still aiming to file one ahead of COP30, said the European Council, the EU body that represents states.

The EU has set a goal of becoming carbon neutral by 2050 and says it has already cut emissions by 37 percent compared to 1990.

But climate has increasingly taken a backseat in Brussels, as global trade tensions and the war in Ukraine have shifted focus to defence and industry.

Thomas Gelin of Greenpeace said Thursday's compromise showed the bloc was "abdicating the role of climate leader".

"The EU is more concerned with making the continent 'competitive' than keeping it liveable," he said.

- 'Bad signal' -

The deal reflects discord among the 27 over the bloc's green agenda.

Denmark and Spain are among countries pushing for Brussels to stick to a European Commission proposal to cut emissions by 90 percent by 2040 on the way to net-zero a decade later.

But others, like Hungary, the Czech Republic and Poland, think it over-ambitious and detrimental to industry.

"Our analysis shows we can do at great expense, 83 percent of reductions by 2040," Polish climate official Krzysztof Bolesta said ahead of the talks, adding his government wanted an exemption for defence production.

France, which is suffering from shaky finances and a prolonged political crisis, wants more clarity on the investment framework to support decarbonisation before committing.

Last week Paris and Berlin called for a decision on 2040 targets to be discussed at a leaders' summit in October -- effectively pushing back a decision that the commission had hoped could have been reached Thursday.

The delay sent a "bad signal" and brought into question EU leadership, said Michael Sicaud-Clyet of environmental group WWF, adding that the bloc was "losing its credibility" on climate.

C.Dean--TFWP