EU plans to upgrade its Paris Agreement climate target - document

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EU plans to upgrade its Paris Agreement climate target - document
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The European Union plans to raise its target to tackle global warming under the Paris climate agreement, although the upgrade is unlikely to happen in time for this year's U.N. climate summit, according to a draft document seen by Reuters.

A draft of the EU's negotiating mandate for the COP27 summit in November, seen by Reuters, said the 27-country bloc intends to update its "nationally determined contribution" - the contribution each country makes towards the 2015 Paris accord to prevent disastrous climate change.

The EU "stands ready to update its NDC in line with the final outcome of the 'Fit for 55' package in due time", the draft said, referring to a package of climate policies EU countries and lawmakers are negotiating.In May, Brussels hiked proposed EU targets to expand renewable energy and increase energy savings, to attempt to end countries' reliance on Russian fuels following Moscow's invasion of Ukraine.

Some experts said making clear that the EU is planning a higher target would still increase pressure on other emitters. All countries face a U.N. review of their targets and how they intend to meet them in 2023.

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