The European Commission is set to propose a new climate target for 2040 that would allow EU member states to use international carbon credits to account for up to 3% of their total emissions reductions. These credits would come from certified projects in developing countries, such as reforestation and sustainable land use initiatives in Brazil and other nations, under a UN-backed system designed to ensure transparency and environmental integrity. The move aims to provide member states with more flexibility, especially those with industrial or economic challenges, as the EU targets a 90% cut in greenhouse gas emissions compared to 1990 levels. The official plan is expected to be unveiled on July 2, 2025, marking a significant step in the EU’s climate strategy.
However, the proposal has sparked controversy and debate. Critics, including the European Scientific Advisory Board on Climate Change, warn that relying on international carbon credits could reduce the pressure on EU countries to transform their own economies and energy systems rapidly. They highlight concerns over the past misuse of carbon markets, where some offset projects failed to deliver real emission reductions or even harmed local communities. There are fears that this could undermine the EU’s leadership on climate action. Supporters of the plan argue that well-regulated carbon credits can channel much-needed finance into global climate projects, helping developing countries reduce emissions while providing EU nations with a more cost-effective pathway to meet tough climate targets. As negotiations continue, the debate reflects the broader challenge of balancing ambition, equity, and practical solutions in the global fight against climate change. More