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Home ESG FINANCE Business

Holding the Line: Teresa Ribera’s Fight to Keep Europe Green

Inside Brussels’ bruising battle over the 2040 climate target and the woman determined to see it through.

bySejal Jain
July 4, 2025
in Business, ESG News, Sustainable Finance
A high-stakes balancing act — Ribera clinches a headline 90 % emissions-cut goal yet swallows a carbon-credit escape-hatch to keep the Green Deal alive.

A high-stakes balancing act — Ribera clinches a headline 90 % emissions-cut goal yet swallows a carbon-credit escape-hatch to keep the Green Deal alive.

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Decisive Dinner: Macron Blinks, VDL Stands Firm

“During the meal, von der Leyen pushed back against Macron, defending the target and insisting it needed to be proposed that week,” three insiders recalled. “She made the same case this week to wavering commissioners, who eventually fell in line on Tuesday. Hoekstra and Ribera got their compromise.”

90 Percent or Bust — But at What Cost?

The compromise keeps a 90 % cut in EU greenhouse-gas emissions by 2040 versus 1990, but allows governments to buy up to 3 % of those cuts as international carbon credits — a device Ribera publicly resisted, warning it “delays the structural change business must make at home.”

Quiet Victories in the Backroom

  • Competitiveness Compass: When an early draft ignored climate, Ribera “intervened to ensure the final version specifically referenced threatened green initiatives.”

  • Greenwashing Law: In June she “pressed Environment Commissioner Jessika Roswall for days” until the Commission rowed back on killing its anti-greenwashing bill.

Von der Leyen’s Selective Backup

Ribera “has not always had the full backing of von der Leyen,” who has trimmed pesticide bans, car-emission rules and corporate-reporting mandates to placate her own center-right EPP while trying to “preserve core climate goals.”

Carbon Credits — The Compromise She Loathes

Hoekstra’s proposal to “outsource part of the bloc’s efforts to poorer countries” grated on Ribera’s conviction that Europe must “lead by cutting at home first.” She accepted the clause only to prevent a broader rollback.

Can the Green Deal Survive the ‘Counter-Reformation’?

With far-right and populist parties branding climate policy an elite burden, Ribera warns of a “counter-reformation” that could drag Europe “back to dark times.” Her strategy: lock in legally binding milestones now, so future governments must justify any retreat.

What Comes Next

  • July 2025: Commission publishes formal 2040-target regulation.

  • Sep 2025: Environment Council holds first orientation debate; carbon-credit cap faces heavy scrutiny.

  • Q4 2025: European Parliament rapporteurs table amendments; Socialist & Green blocs seek to scrap outsourcing clause.

  • Early 2026: Trilogues begin — Spain, Germany and France jockey over domestic-versus-international cuts.

  • 2030 Review: Commission must assess whether credits have “delayed real-economy decarbonisation” and propose corrective action.

Conclusion

Teresa Ribera’s first months in Brussels show just how fragile and how resilient Europe’s climate project has become. Each breakthrough has demanded a trade-off, each headline goal a hidden concession. Yet by insisting on a legally anchored 90 percent cut by 2040  and by forcing even her skeptics to acknowledge the science Ribera has kept the Green Deal’s spine intact at the very moment many thought it would buckle. Whether the loopholes she swallowed today widen or close tomorrow will depend on the battles still to come, but one lesson is already clear: Europe’s climate ambition now rests less on sweeping speeches than on the quiet, dogged persistence of leaders willing to fight for every percentage point.

Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit:  wikimediacommons

***

 

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Sejal Jain

Sejal Jain

Sejal Jain is an analytical professional with a strong foundation in data analysis, business intelligence, and financial modeling. With a background in Mathematics and Computer Science. She has gained experience in ESG data research, real-time analytics, and retail business intelligence, leveraging Python, SQL, and R to drive data-driven decision-making. Passionate about financial literacy, she has led educational initiatives. She thrives in collaborative environments, combining technical expertise with problem-solving skills to create meaningful impact in the financial and business sectors.

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