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EU to Push for New Climate Deal at COP31 to Accelerate CO2 Cuts
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CNBC TV18•12-10-2026, 11:56
EU to Push for New Climate Deal at COP31 to Accelerate CO2 Cuts
- •The European Union plans to use the COP31 climate summit to push for a mitigation package aimed at accelerating global greenhouse gas emissions reductions.
- •A key EU demand is to extend the UN mitigation work programme until 2040 to identify areas where more climate action can be taken.
- •The bloc will urge countries to respond to the UN confirmation that the world will miss the 2015 Paris agreement target of limiting global warming to 1.5C.
- •Irish climate minister Darragh O’Brien stated that the EU will focus on practical progress, particularly on the transition away from fossil fuels and on electrification.
- •The internal document reveals there is no scope for new climate funding commitments at COP31, which could create friction with poorer nations seeking financial support.
Key Questions Answered
At the COP31 climate summit in Turkey in November, the EU will push for a mitigation package focused on reducing emissions and turning existing climate pledges into real-world actions.
The EU wants to extend the mitigation work programme until 2040 so governments can continue discussing how to reduce emissions and identify areas where more can be done, as this negotiation track is currently due to expire.
An internal EU document states there is no scope for new climate funding commitments at COP31, a position that is likely to put European nations at odds with poorer countries seeking additional support.
