EU Revises Climate Goals; Commits To Curb 55% GHG Emissions By 2030

After the culmination of a two-day summit at Brussels, the European Union leaders have agreed to cut the EU’s greenhouse emissions to 55% by 2030 with pre-1990 levels. This commitment will replace the earlier one that aimed at cutting 40% emissions by 2030. The EU members have planned to invest €1.82 trillion for procuring technology and help the member nations. The long-standing deal was finalised after coal-reliant countries pledged their support.