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Open letter on separate targets in 2040 climate framework by Carbon Market Watch

Publish date: January 8, 2024

We co-signed a letter, coordinated by Carbon Market Watch, which was sent to the European Commission by 96 academics, businesses, civil society organisations and research institutions urging the EU to separate emissions reductions, land-based sequestration and permanent carbon removals in the EU’s post-2030 climate framework. This separation should be at the heart of both the setting and the implementation of the 2040 target and associated plans.

We urge EU policymakers to align with what the majority of respondents (54%) to the European Commission’s public consultation on the EU Climate Target for 2040 advocated for: three separate targets for greenhouse gas emissions reductions, land-based sequestration and permanent carbon removals.

In particular, at this stage, we call on the European Commission to place the principle of three distinct targets at the heart of its upcoming Communication on the EU climate target for 2040 and its accompanying impact assessment.

Furthermore, the Commission should uphold the separation approach in subsequent proposals surrounding the setting and implementation of the 2040 target, and the updated EU NDC.

Follow this link to Carbon Market Watch’s page.

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Polish EU Presidency: What does it mean for climate action?  

While the Polish Presidency presents an opportunity to address critical challenges, its current priorities fall short of aligning European competitiveness and security with the urgent need for climate action. Bellona’s Roadmap for 2024-2029 calls on the EU to implement ambitious and science-based climate goals to achieve climate neutrality and strengthen EU security. By focusing on industrial decarbonisation, renewable energy integration, transparent climate policy, and green public procurement, the Presidency can lead the EU towards a resilient, competitive, and climate-neutral future. As such, Bellona calls on Poland to implement more concrete and ambitious climate policies and well-functioning markets for a net-zero world.

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