By Kate Abnett

BRUSSELS -European Union leaders plan to agree for the bloc to set a new climate change target for 2040, but demand the EU does more to support industries like steel and carmaking to meet it, draft conclusions for an EU summit next week showed.

The EU had planned to approve its new climate target by a U.N. deadline last month. But talks fell apart when France, Poland and others demanded that government leaders first debate the 2040 goal, reflecting concerns over how to fund the low-carbon transition alongside priorities like defence and revitalising local industries.

Draft conclusions for an EU leaders’ summit on 23 October, seen by Reuters, said leaders would agree EU countries and lawmakers could proceed in setting the 2040 climate goal. However, they would also demand

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