EU Climate Law: EU Parliament voted in favor of the revised text establishing the 2040 climate targets

The European Parliament "backed a political agreement with Council on amendments to the EU Climate Law by 413 votes in favour, 226 against and 12 abstentions" during a Plenary session in Strasbourg, on 10/02/2026.

The revised EU Climate Law will introduce "a new, intermediate and binding 2040 EU climate target of reducing net greenhouse gas (GHG) emissions by 90% compared to 1990 levels", before achieving Net Zero in 2050.

The Parliament specifies that :
• "From 2036, up to 5 percentage points of net emissions reductions (2 percentage points more than proposed by the Commission) can come from high-quality international carbon credits from partner countries.
• Following a push by Parliament, these credits may only be used in sectors that are not regulated by the EU ETS and may only come from partner countries whose climate targets and policies are compatible with the targets of the Paris Agreement".

"MEPs also included safeguards to prevent the funding of projects contrary to the strategic interests of the EU".

In addition, the text includes "the possibility for domestic permanent carbon…