European Council decided on 2030 climate and energy policy framework
On Thursday 23 October, the European Council agreed on the European Union¿s climate and energy policy framework. EU leaders endorsed, as a binding target, to reduce the EU's greenhouse gas emissions by at least 40% from the 1990 level by 2030. In the agreed framework the emission reduction target will play a key role, but at the same time the significance of increasing renewable energy and improving energy efficiency will be emphasised in achieving the target.
"Finland has supported cost-effective, fair and balanced burden-sharing between Member States. The package encourages all Member States to make efforts to reduce emissions. For Europe¿s economic growth and employment, it is important to achieve emission reductions as cost-effectively as possible," says Prime Minister Alexander Stubb.