The European Union struck a deal Wednesday on the 27-nation bloc’s next big emissions-cutting targets, after making a string of concessions to win over reluctant capitals in time for the UN’s COP30 summit.

After marathon overnight talks, the bloc averted the worst-case scenario of turning up empty-handed to next week’s gathering in Brazil — where it hopes to assert its leadership in the fight against global warming.

Capping months of haggling, EU countries agreed to target a 90-percent cut in greenhouse gas emissions by 2040, compared to 1990 levels — a key milestone towards its goal of becoming carbon neutral by mid-century.

They also agreed on a related 2035 target to bring to the UN summit — which EU chief Ursula von der Leyen trumpeted as “good news” as she arrived in the northern B

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