On 6.02. the Commission  published a detailed impact assessment on possible pathways to reach the agreed goal of making the European Union climate neutral by 2050. Based on this impact assessment, the Commission recommends a 90% net greenhouse gas emissions reduction by 2040 compared to 1990 levels, launching a discussion with all stakeholders; a legislative proposal will be made by the next Commission, after the European elections, and agreed with the European Parliament and Member States as required under the EU Climate Law. This recommendation is in line with the advice of the European Scientific Advisory Board on Climate Change (ESABCC) and the EU’s commitments under the Paris Agreement.

• Reaching the 90% target will require a number of enabling policy conditions, including the full implementation of the agreed 2030 framework, ensuring the competitiveness of the European industry, a greater focus on a just transition
  that leaves no one behind, a level playing field with international partners, and a strategic dialogue on the post-2030 framework, including with industry and the agricultural sector.

EOS is please to endorse the following observation made by the Commission in this communication:
“… bio-based materials that are sustainably sourced can not only store carbon over long periods (e.g., if wood is used as a construction material) but also replace fossil-fuel based materials …” (p.21).

Source: EU Commission

Relevant documents:

Impact assessment

Communication on a recommended 2040 emissions reduction target