At the heart of the debate, in focus on this episode of EU Decoded, is whether the 27-country bloc can afford to retain its leadership in climate policy while remaining an economic powerhouse.
Through its Climate Law, the EU pledged to become climate neutral by mid-century, with an intermediate target of a 55% reduction in greenhouse emissions compared to 1990 level by 2030. The review to the landmark piece of legislation spearheaded by the EU's executive in July plans to set a 2040 target.