By Kate Abnett

BRUSSELS (Reuters) -European Union countries’ leaders will debate how to align ambitious climate goals with improving their companies’ competitiveness on Thursday, seeking to unlock a deal on a new 2040 emissions target despite growing pushback on green measures from some member states.

The EU leaders’ summit takes place amid flagging political momentum for ambitious efforts to fight climate change – with President Donald Trump dismantling U.S. emissions-cutting measures – and despite worsening extreme weather worldwide.

The EU is attempting to pass a new target to cut net greenhouse gas emissions 90% by 2040. The goal has stoked pushback from some capitals over how to finance the low-carbon transition alongside priorities like defence and revitalising local businesses.

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