News: European Union(EU) Environment Ministers have signed a deal that aims to make the EU’s 2050 net-zero emissions target legally binding on the states.However, they left a decision on a 2030 emissions-cutting target for leaders to discuss in December.
- Background: The EU aims to be climate-neutral by 2050 – an economy with net-zero greenhouse gas emissions.
- What does the deal provide?
- The deal will fix in law the EU target to reach net zero emissions by 2050 and define the rules for reviewing progress towards climate targets.
- The law will give the EU the legal possibility to act when those who make promises don’t deliver on the promises.
- Net zero emissions: It refers to achieving an overall balance between greenhouse gas emissions produced and greenhouse gas emissions taken out of the atmosphere.
- Zero Carbon law: It was passed by New Zealand with the aim to tackle climate change by setting a net-zero target for almost all greenhouse gas emissions by 2050.