Overview
- Negotiations stretched through the night without a breakthrough, and EU ministers reconvene Wednesday morning as Denmark says a political agreement is within reach.
- The Council faces two linked decisions: unanimous adoption of the EU’s 2035 target for its NDC and a 2040 climate law with a 90% emissions cut decided by qualified majority.
- Key fault lines include allowing 3% versus 5% international carbon credits, an emergency brake to offset underperforming carbon sinks by up to 3%, and a two‑year revision clause.
- Spain, Nordic countries and Germany largely back the 2040 target with concessions, while Italy, Hungary, Poland and the Czech Republic object; France ties its support to added flexibilities.
- The UN Emissions Gap Report finds current pledges put the world on a 2.3–2.5°C path, global emissions rose 2.3% in 2024, and fewer than a third of parties filed updated NDCs on time.