EU 2040 Climate Target
Level of ambition and implications
The European Climate Law obliges the EU to adopt a legally-binding 2040 climate target. To this end, the Commission must present a legislative proposal by May 2024. Against this background, the Ecologic Institute and the Oeko-Institute have launched a project to analyse the ambition level of the 2040 target. The project also examines the impacts of a new 2040 target on Member States, sectors, and instruments. Additionally, the project aims to inform a broad debate about the 2040 target in the EU, Poland, Czechia, Germany and other Member States. 300Gospodarka from Poland and the Association for International Affairs from Czechia are partners in this project. The project is supported by the Federal Ministry for Economic Affairs and Climate Action.