EU Green Deal Finalised: 2040 Climate Target, Zero-Emission Cars by 2035, and a €65 Billion Social Fund

The EU has formally adopted a 90% net emissions reduction target for 2040 and confirmed that all new cars sold in Europe must be zero-emission by 2035. With a €65 billion Social Climate Fund and expanded carbon markets, the finalised Green Deal package is now the most legally binding climate framework in the world.