The Haga Initiative has responded to the consultation on the European Commission’s proposal to amend the EU Climate Law and the EU’s 2040 climate target, KN2025/01524.

Read our response below:

The European Commission has presented a proposal for a 2040 climate target that entails a net emissions reduction of 90 percent by 2040 compared to 1990 levels. This is in line with already adopted ambitions for the existing climate targets for 2030 and 2050. However, this goes against the position of the EU’s Scientific Advisory Board on Climate Change, which has concluded that an increase in ambition is needed to meet the Paris Agreement. The committee has urged the EU to raise its climate ambitions beyond the business-as-usual scenario in order to achieve the goals of the Paris Agreement. Current efforts are deemed insufficient to limit warming to 1.5 degrees. The committee emphasizes the need for faster emissions reductions and stronger climate policies across the Union.

The Haga Initiative has previously supported the idea that the EU should set a target for 2040 of at least a 90 percent net emissions reduction compared to 1990 levels. An ambitious target offers long-term predictability for businesses, creates an innovation-friendly business climate, and drives investment in low-carbon technologies. This position is maintained and further encouraged in this consultation response. The main messages from the Haga Initiative are:

1. It is critical that the Union reaches a decision on a 2040 target that raises the level of ambition before COP30.
2. The EU should set a net emissions reduction target of at least 90 percent by 2040 compared to 1990 levels.
3. Flexible mechanisms, such as purchasing emission credits from other countries, should be included in a separate target and not mixed with net emissions reductions that occur within the Union.

An ambitious and binding climate target is not only important to limit climate change and its effects, but also because it promotes innovation, strengthens competitiveness, and creates jobs in Europe. Clear, predictable, and long-term climate policy instruments give Swedish and European companies the opportunity to strengthen their competitiveness through technological innovation and attract green investments. This would support Europe’s position as a global leader in clean tech and sustainability efforts.