Brussels: The European Union (EU) has finalized a climate target for 2040, but in a move that has drawn criticism from scientists and environmental groups, the agreement significantly weakens its original ambition. The deal comes as EU leaders rush to present a unified stance ahead of the 30th UN Climate Change Conference (COP30), scheduled to take place later this year in Brazil.

After intense negotiations spanning several months, EU member-state ministers approved a target aiming to cut greenhouse gas emissions by 90 percent by 2040 compared with 1990 levels. However, the agreement includes provisions allowing countries to offset up to 5 percent of their reductions through foreign carbon credits, effectively lowering the domestic reduction target to around 85 percent. Additional flexi

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