Today saw the publication of the conclusions of the December meeting of the European Council. On the matter of Climate Change, the European Council endorsed a binding EU target of a net domestic reduction of at least 55% in greenhouse gas emissions by 2030 compared to 1990, tasking the co-legislators to reflect this new target in the European Climate Law proposal and to adopt the latter swiftly.
The EU’s nationally determined contribution (NDC) will be updated according to the new binding target and submitted to the UNFCCC secretariat by the end of the year (ahead of COP 26 – the 2021 UN Climate Change Conference).
Information on the European Climate Law is here. (note, it’s a proposal)