European Union climate ministers have struck a watered-down deal on emission-reduction goals as they have scrambled to win over member states before the United Nations COP30 summit in the Amazon.

Ministers approved a compromise early on Wednesday after marathon talks on how the bloc will go about slashing its greenhouse gas emissions by 90 percent by 2040, introducing flexibilities that will essentially offload some of the task onto foreign countries.

Under the compromise, countries will be allowed to buy foreign carbon credits to cover up to 5 percent of their overall target of cutting emissions by 90 percent compared with 1990 levels. In a further concession, the bloc also agreed to consider the option of using international carbon credits to meet a further 5 percent of its goal.

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