The landmark climate change law will form the basis for Europe's plan to slash greenhouse gas emissions, which will reshape all sectors, from transport to heavy industry, and require hundreds of billions of euros in annual investments.
Ministers struck a deal on these parts of the law at a meeting in Luxembourg on Friday. None of the 27 member countries rejected the bill, although Bulgaria abstained. The law will give Brussels"the legal possibility to act when those who make promises don't deliver on the promises," said EU climate policy chief Frans Timmermans at Friday's meeting. It was held in person, despite much of the continent restricting gatherings to curb surging coronavirus infections.
The European Parliament, which together with EU countries must agree the final law, wants to make the target binding on each country. States including Sweden, Denmark and Luxembourg on Friday also supported this idea.
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