EU countries agreed to reduce greenhouse gas emissions by at least 90% by 2040 0 7

The plan stipulates that 5% of the reduction can be achieved through an international compensation mechanism.

The targets will be periodically reviewed.

A qualified majority was required to reach the agreement — support from at least 15 of the 27 EU countries representing no less than 65% of the bloc's population.

The final version of the document is expected to be agreed upon during negotiations with the European Parliament in the coming months.

The breakthrough in establishing the climate target for 2040 paved the way for the enshrinement of individual commitments outlined in the 2015 Paris Agreement. An agreement on these was also reached this morning — just days before the start of the UN Climate Change Conference (COP30) in Brazil.