#32026R0667Regulation (EU) 2026/667 amending Regulation (EU) 2021/1119 to set a Union intermediate climate target for 2040
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This regulation formally establishes a binding EU-wide target to reduce net greenhouse gas emissions by 90% by 2040 compared to 1990 levels. It amends the European Climate Law (Regulation 2021/1119) to include this 2040 intermediate milestone on the path to climate neutrality in 2050. The target is based on scientific advice from the European Scientific Advisory Board on Climate Change and a detailed impact assessment. Priority is given to domestic emission reductions, complemented by enhanced natural and technological carbon removals. The regulation emphasizes a technologically neutral approach, industrial competitiveness, just transition measures, and the need to revise the EU ETS, Effort Sharing Regulation, and LULUCF rules in the post-2030 policy framework.
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Key Changes
- Sets binding 90% net GHG emission reduction target for 2040 compared to 1990 levels
- Requires revision of EU ETS trajectory to allow limited emissions after 2039
- Postpones start of ETS2 for buildings and road transport by one year
+ 3 more changes with Pro
Obligations
What this law requires
Achieve a binding Union-wide net greenhouse gas emission reduction target of 90% by 2040 compared to 1990 levels
Fully implement the agreed 2030 policy framework as a prerequisite to achieving the 2040 climate target
Revise the EU Emissions Trading System (EU ETS), Effort Sharing Regulation, and LULUCF rules within the post-2030 policy framework to align with the 2040 target
Prioritize domestic emission reductions, complemented by enhanced natural and technological carbon removals to meet the 2040 target
Apply a technologically neutral approach to decarbonization, including all zero- and low carbon energy solutions (renewables, nuclear, CCS, CCU, carbon removals, geothermal, hydro, sustainable bioenergy and other net-zero technologies)