Finland supports Commission’s proposal concerning 90 per cent emission reduction target by 2040

The European Commission has published a legislative proposal on the emission reduction target for 2040. The Commission proposes a net emission reduction target of 90 per cent by 2040 compared to the 1990 levels.

Press release

Ministry of the Environment

This target is part of the EU's long-term climate policy towards climate neutrality by 2050 and the preparations for the COP30 Climate Change Conference in Brazil in November. 

For Finland it has been important that, according to the Commission's proposal, the uncertainties in the land use sector will be taken into account in the implementation of the 2040 target. The proposal also takes into account the role of carbon capture and storage (BECCS) combined with bioenergy production and creates incentives for it. 

“The Commission's proposal is in line with Finland's priorities in our efforts to influence the proposal. A long-term and consistent climate policy is important for the EU's competitiveness and creates stability for companies to invest in clean solutions,” says Minister of Climate and the Environment Sari Multala.

In order to achieve this target in the most cost-effective way, the Commission proposes that, starting in 2036, Member States could use a limited share of international carbon credits subject to high integrity criteria and standards. The use of the credits would be phased in so that in 2036 their share would be zero per cent of net emissions in 1990 but their share could grow linearly so that in 2040 the credits could account for the maximum of three per cent of these. The Commission’s proposal allows to use carbon credits only in the effort sharing and land use sectors. Finland will explore the flexibilities offered by the Commission's legislative proposal and their significance in terms of the national climate policy.

The Commission also proposes that domestic technical carbon sinks, such as carbon capture and storage, be included in the EU Emissions Trading System. The Commission stresses that all additional measures require a thorough impact assessment, and that competitiveness and sector-specific flexibility will be taken into account in the implementation. 

Technology-neutrality is also important for Finland, meaning that no restrictions are set in advance or certain technologies preferred to reach the emission reduction targets.

The Commission also proposes increased flexibility between sectors. What this means in practice is that slow progress of emission reductions in the land use sector could be compensated for by faster actions in road transport or energy efficiency of buildings.

The EU must announce its own emission reduction target in good time before the COP30 Climate Change Conference. The aim of the Danish Presidency of the Council of the EU is to decide on the 90 per cent target at the Extraordinary Environment Council in September 2025.

The Finnish Government will formulate its position on the Commission’s proposal and will submit the Union communication on the matter to Parliament by the beginning of September.

Inquiries

Lyydia Ylönen (political questions) 
Special Adviser to Minister Sari Multala  
[email protected] 
tel. +358 50 476 1341 

Laura Aho (from 3 July)
Ministerial Adviser, 
[email protected]
tel. +358 295 250 135

Outi Honkatukia
Director of the Climate and Chemicals Unit
[email protected]
tel. +358 295 250 272