Brussels: As the world gears up for the COP30 climate summit in Brazil, the European Union is engaged in a frantic last-minute effort to finalize its 2040 climate targets a process that has exposed deep divisions and mounting fatigue among its 27 member states. According to diplomatic sources and draft documents obtained by Reuters, the bloc is considering a diluted version of its proposed emissions goal, reducing the effective domestic reduction commitment from 90% to roughly 85% compared with 1990 levels.

After more than 18 hours of negotiations in Brussels, EU climate ministers reached a fragile consensus that allows countries to meet part of their reduction obligations by purchasing international carbon credits. Under the tentative deal, up to 5% of the 90% target could be achieved

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