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EU Leaders to Debate 2040 Climate Goals

2040 climate target talks will take place today between EU leaders.

EU Leaders to Debate 2040 Climate Goals

Talks will take place today as the EU attempts to balance competitiveness and defense priorities with a 90% emissions cut by 2040

Lena McDonoughbyLena McDonough
October 23, 2025
in ESG News
0

Today’s ESG Updates

    • EU Leaders Divided on 2040 Climate Goal: European leaders will debate a 90% emissions reduction target, as industry pressures test climate goals.
    • UN Warns Methane Cuts Are Moving Too Slowly: Ahead of COP30, the UN stated that only 12% of satellite-detected methane leaks have been addressed, despite global pledges to reduce emissions by 30% this decade.
    • Uber Announces $4,000 EV Rebates for U.S. Drivers: Uber is offering incentives for drivers to buy electric vehicles after the federal tax credit ended.
    • EU Lawmakers Reject Forest Monitoring Proposal: Lawmakers have rejected a draft law to harmonize forest health data collection, halting efforts to track wildfire threats.

EU leaders clash over 2040 climate target amid economic pressures

European Union leaders will debate today how to reconcile EU climate goals with industrial competitiveness as they attempt to finalize a target to cut net greenhouse gas emissions by 90% by 2040. Political resistance has intensified amid slowing economic growth, rising defense costs, and pushback from major economies like Germany and Poland. In a letter sent on Tuesday, European Commission President Ursula von der Leyen urged leaders to view the clean-energy transition as a “major business opportunity” for Europe, reducing reliance on Chinese imports. However, draft conclusions indicate that divisions persist, with Germany and Poland advocating for a revision clause to ease emissions cuts amid concerns that Europe’s green agenda will significantly compromise competitiveness.

*** 

Further reading: EU leaders to debate conditions for keeping up climate ambition


UN warns methane cuts are moving too slowly

Methane cuts are moving slowly, despite global pledges to reduce emissions by 30% this decade. Photo Credit: rawkkim

The UN’s International Methane Emissions Observatory revealed on Wednesday that 88% of satellite-detected methane leaks flagged to governments and oil and gas companies are not being acknowledged. Despite more than 150 countries pledging to cut methane emissions by 30% this decade, emissions remain high, especially from the energy sector. Methane is an extremely potent greenhouse gas, and while it stays in the atmosphere for a shorter time than carbon dioxide, it is much more effective at trapping heat. Methane traps 80 times more heat than CO₂ over 20 years, making it a critical target for near-term climate action. Ahead of COP30, UNEP chief Inger Andersen urged stronger enforcement, calling methane reduction “the easiest win” to limit global warming. There is a high potential for methane mitigation, as much of the problem stems from leaks in the oil and gas sector.

Featured ESG Tool of the Week:
Klimado – Navigating climate complexity just got easier. Klimado offers a user-friendly platform for tracking local and global environmental shifts, making it an essential tool for climate-aware individuals and organizations.

***

Further reading: Super-warming methane gas is being tackled too slowly, UN says ahead of COP30


Uber urges U.S. drivers to go electric with $4,000 EV rebates

Uber announces $4,000 EV rebates for U.S. drivers. Photo Credit: Viktor Avdeev

Uber announced a new $4,000 rebate program for U.S. drivers who purchase electric vehicles, following the phaseout of federal EV tax credits under the Trump administration. The incentives, now available in California, New York, Colorado, and Massachusetts, aim to expand Uber’s “Uber Electric” service and accelerate its goal of achieving zero emissions by 2040. Drivers can also claim an additional $1,000 discount through TrueCar, which can be stacked with state-level EV incentives. Uber currently counts over 200,000 EVs globally, with adoption among its drivers growing five times faster than the general public. With the Trump administration heavily scaling back EV incentives, Uber’s new program highlights how businesses can continue to pursue climate goals independently of shifting federal policy.

LinkedIn
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***

Further reading: Uber Pushes Drivers To Go Electric With $4,000 Rebates


EU lawmakers reject forest monitoring proposal

EU lawmakers have rejected a draft law to harmonize forest health data collection. Photo Credit: Michael Held

The European Parliament voted 370–261 against a proposed law that would have required EU countries to collect and share standardized data on forest health. The legislation aimed to strengthen wildfire preparedness and biodiversity monitoring but was opposed by centrist and right-wing lawmakers who argued it would introduce excessive bureaucracy. The rejection is a setback for climate and biodiversity goals, and undermines Europe’s ability to detect early threats to forest ecosystems. With no path forward for negotiations, the decision effectively kills the proposal for now, though some ministers have called for a revised version.

***
Further reading: EU lawmakers cut down proposed forest health data collection law


Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — In the Cover Photo: European Parliament in Strasbourg, France. Cover Photo Credit: Frederic Köberl

Tags: EU Climate PolicyEU leadersEuropean ParliamentEVsForest FireMethane EmissionsMethane-Tracking SatelliteUber
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