EU Nations Agree Concessions to Seal 2040 Climate Goal Deal (1)

European Union member states sealed a deal to reduce emissions by 90% through 2040 compared with 1990 levels, a climate win that required some proposals to be watered down.

The agreement — announced after marathon talks among environment ministers in Brussels — was only reached after a number of concessions were made. That included allowing countries to claim a greater share of their emissions reductions by buying international carbon credits.

The deal paves the way for the EU to submit an updated climate pledge to the United Nations at the COP30 summit. That draws a sharp contrast with the ...