Europex takes note of the Commission’s proposal to set a single, binding climate target of reducing greenhouse gas emissions by 90% by 2040 compared to 1990 level, supported by a comprehensive enabling framework. This long-term commitment confirms the EU’s continued trajectory towards climate neutrality by 2050 and provides important investment clarity for the pathway to 2040.
The announced review of the ETS Directive in 2026 presents a vital opportunity to futureproof the system. As Europe moves towards greater climate ambition, it will be essential to provide regulatory certainty, clear timelines and a stable investment environment. Europex is committed to supporting the development of the EU ETS as a reliable, efficient tool to reduce carbon emissions at least cost.