The Fort Worth Press - EU states agree broad UN emissions target avoiding 'embarrassment'

USD -
AED 3.672504
AFN 64.000368
ALL 80.878301
AMD 368.276037
ANG 1.789884
AOA 918.000367
ARS 1398.655759
AUD 1.37836
AWG 1.8025
AZN 1.70397
BAM 1.65809
BBD 2.008732
BDT 122.377178
BGN 1.668102
BHD 0.376584
BIF 2968.504938
BMD 1
BND 1.264635
BOB 6.891611
BRL 4.915095
BSD 0.997329
BTN 94.180832
BWP 13.389852
BYN 2.818448
BYR 19600
BZD 2.00585
CAD 1.36715
CDF 2265.000362
CHF 0.776955
CLF 0.022646
CLP 890.873638
CNY 6.80075
CNH 6.796265
COP 3727.014539
CRC 458.479929
CUC 1
CUP 26.5
CVE 93.480565
CZK 20.636704
DJF 177.601628
DKK 6.340404
DOP 59.310754
DZD 132.326735
EGP 52.744691
ERN 15
ETB 155.726591
EUR 0.84804
FJD 2.18304
FKP 0.733957
GBP 0.73346
GEL 2.67504
GGP 0.733957
GHS 11.234793
GIP 0.733957
GMD 73.503851
GNF 8750.794795
GTQ 7.614768
GYD 208.672799
HKD 7.83165
HNL 26.513501
HRK 6.393304
HTG 130.575219
HUF 300.190388
IDR 17377.45
ILS 2.901304
IMP 0.733957
INR 94.425504
IQD 1306.515196
IRR 1311500.000352
ISK 122.010386
JEP 0.733957
JMD 157.187063
JOD 0.70904
JPY 156.678504
KES 128.803357
KGS 87.420504
KHR 4001.526006
KMF 418.00035
KPW 899.983822
KRW 1461.810383
KWD 0.30766
KYD 0.831164
KZT 460.946971
LAK 21871.900301
LBP 89311.771438
LKR 321.097029
LRD 183.01047
LSL 16.361918
LTL 2.95274
LVL 0.60489
LYD 6.306642
MAD 9.121445
MDL 17.054809
MGA 4165.995507
MKD 52.257217
MMK 2099.83295
MNT 3581.379784
MOP 8.041456
MRU 39.863507
MUR 46.820378
MVR 15.403739
MWK 1729.049214
MXN 17.177604
MYR 3.921039
MZN 63.910377
NAD 16.361918
NGN 1365.000344
NIO 36.700437
NOK 9.209304
NPR 150.68967
NZD 1.675884
OMR 0.384681
PAB 0.997329
PEN 3.448264
PGK 4.404222
PHP 60.515038
PKR 277.958713
PLN 3.59545
PYG 6092.153787
QAR 3.645458
RON 4.426304
RSD 99.504048
RUB 74.240007
RWF 1462.082998
SAR 3.767486
SBD 8.019432
SCR 14.874401
SDG 600.503676
SEK 9.215704
SGD 1.267404
SHP 0.746601
SLE 24.650371
SLL 20969.496166
SOS 569.963122
SRD 37.399038
STD 20697.981008
STN 20.770633
SVC 8.727057
SYP 110.56358
SZL 16.351151
THB 32.203038
TJS 9.305159
TMT 3.5
TND 2.896867
TOP 2.40776
TRY 45.347504
TTD 6.759357
TWD 31.316038
TZS 2598.109449
UAH 43.809334
UGX 3737.018354
UYU 39.777881
UZS 12097.83392
VES 499.23597
VND 26308
VUV 118.45862
WST 2.707065
XAF 556.107838
XAG 0.012445
XAU 0.000212
XCD 2.70255
XCG 1.797465
XDR 0.69162
XOF 556.107838
XPF 101.106354
YER 238.625037
ZAR 16.38071
ZMK 9001.203584
ZMW 18.98775
ZWL 321.999592
  • JRI

    0.0000

    13.15

    0%

  • CMSD

    0.1140

    23.534

    +0.48%

  • BCC

    -2.0900

    70.67

    -2.96%

  • BCE

    -0.4300

    24.14

    -1.78%

  • RIO

    2.2700

    105.38

    +2.15%

  • CMSC

    0.1400

    23.11

    +0.61%

  • AZN

    0.3300

    182.85

    +0.18%

  • GSK

    -0.0900

    50.41

    -0.18%

  • BTI

    0.2000

    58.28

    +0.34%

  • NGG

    0.9800

    86.89

    +1.13%

  • BP

    -0.4700

    43.34

    -1.08%

  • RELX

    0.0759

    33.58

    +0.23%

  • VOD

    0.5100

    16.2

    +3.15%

  • RYCEF

    -0.4100

    16.37

    -2.5%

  • RBGPF

    0.7000

    63.61

    +1.1%

EU states agree broad UN emissions target avoiding 'embarrassment'
EU states agree broad UN emissions target avoiding 'embarrassment' / Photo: © AFP

EU states agree broad UN emissions target avoiding 'embarrassment'

The EU agreed on 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 they settled for a compromise "statement of intent" to cut emissions between 66.25 percent and 72.5 percent compared to 1990 levels.

"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 to 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.

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.

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.

- 'Consolation prize' -

"This statement of intent allows the EU to show up in New York with something tangible and avoid complete embarrassment," said Jens Mattias Clausen of Concito, a Danish think-tank.

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.

As the statement of intent does not count as the official EU submission, the bloc is all but sure to also miss the second deadline.

"The statement of intent is a hard-fought consolation prize," said Linda Kalcher, director of the Strategic Perspectives think tank.

The bloc was still aiming to file its official pledge ahead of COP30, said the European Council, the EU body that represents states.

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".

- Divisions -

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.

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 related 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.

C.M.Harper--TFWP