EU considers non-EU carbon credits in push for 90% emissions cut by 2040
July 02, 2025 | Reccessary |
The European Commission plans to propose a 90% greenhouse gas reduction target by 2040, allowing from 2036 limited use (3%) of international carbon credits to address residual emissions. While aimed at engaging developing countries through projects like afforestation, the move contradicts the EU’s existing 2030 and 2050 goals, which rely solely on domestic action. Critics warn it could weaken climate integrity and reduce local ambition, stressing the need for high-quality, verified credits, with potential costs reaching €46 billion. The draft faces debate in the European Parliament and among member states, with key unresolved issues including offset limits, funding sources, and whether procurement will be handled nationally or by the Commission.
Viewed Articles
July 02, 2025 | Reccessary | Â The European Commission plans to propose a 90% greenhouse gas reduction target by 2040, allowing from 2036 limited use (3%) of international carbon credits to address res
Read More
December 17, 2025 | Food and Agriculture Organization (FAO) |Â FAO announced that the Global Environment Facility (GEF) approved a US$58.8 million package of 8 FAO-led projects spanning Bangladesh, DR
August 21, 2025 | CGIAR | CGIAR and Viet Nam are expanding climate-resilient irrigation—most notably alternate wetting and drying (AWD)—as a pathway to reduce methane and improve water productivity. W
March 9, 2026 | Rice Today (IRRI) |Â The article reports that a Google-backed N-Drip pilot in Changhua City, Taiwan, showed how gravity-based drip irrigation could reduce both water use and emissions i
May 21, 2026 | Central News Agency (CNA) (In Chinese) |Â Taiwan's domestically grown soybean acreage expanded from approximately 680 hectares in 2014 to 4,473 hectares in 2024, a more than 5.5-fold
January 15, 2026 | ESG Dive |Microsoft has entered into a landmark 12-year agreement with Indigo Ag to remove 2.85 million metric tons of CO2 via soil-based carbon removals—the largest deal of its kin
