EU Agrees to Cut Greenhouse Gas Emissions by 55% by 2030

[Asia Economy Reporter Son Sun-hee] The 27 member states of the European Union (EU) agreed on the 11th (local time) to reduce the EU's greenhouse gas emissions by more than 55% compared to 1990 levels by 2030.

According to major foreign media on the day, EU member state leaders attended the EU summit held over two days starting the previous day in Brussels, Belgium, and after about eight hours of overnight discussions, they approved this greenhouse gas reduction target. This is an upward revision from the previous goal of reducing emissions by 40% compared to 1990.

Earlier, the EU Commission presented the goal of making the EU the "first climate-neutral continent" by 2050. Climate neutrality is a concept similar to "carbon neutrality," meaning offsetting carbon emissions that cause global warming through carbon reduction and absorption activities such as renewable energy generation, thereby making the net total emissions effectively "0."

Ursula von der Leyen, head of the EU executive branch, stated, "Europe will reduce emissions by at least 55% by 2030," adding, "This will put us firmly on the path toward climate neutrality by 2050."

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