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Image header Agence Europe
Europe Daily Bulletin No. 13741
Contents Publication in full By article 7 / 26
SECTORAL POLICIES / Climate

European managers support a target of reducing greenhouse gas emissions by 90% by 2040

On Tuesday 28 October, the Confederation of European Managers (CEC European Managers) urged support for a “strong and ambitious” target of reducing greenhouse gas emissions by 90% by 2040 (compared to 1990 levels).

Citing data from The Economist, the confederation states in a commitment letter that inaction could result in losing 50.6% of GDP by 2050 if climate change continues unchecked.

“Acting now is good leadership: it protects the economy, society, and Europe’s global...

Contents

SECTORAL POLICIES
ENVIRONMENT: a majority of EU Member States refuse to allow current Deforestation Regulation to come into force at end of 2025
AGRICULTURE: EU Council ready to negotiate with European Parliament at start of November on simplification of CAP rules
FISHERIES: European Commission makes proposals on fifteen total allowable catches for 2026
FISHERIES: EU import controls do not prevent illegal fish from reaching our plates, warn NGOs
ANIMAL HEALTH: Germany is concerned about change in species affected by avian influenza
ENERGY: liquefied natural gas imports increase by 38% in third quarter of 2025, according to ACER
CLIMATE: European managers support a target of reducing greenhouse gas emissions by 90% by 2040
TOURISM: package travel directive - European tourism and industry sector issues seven recommendations to maintain its competitiveness
ECONOMY - FINANCE - BUSINESS
FINANCE: capital requirements at heart of discussions between EU Member States on revitalising securitisation
BANKS/INSURANCE: European Commission suggests a targeted reduction in prudential rules for equity investments in strategic sectors
COMPANIES: ‘omnibus’ - political groups forming ‘von der Leyen’ majority in European Parliament have one week to find a compromise on ‘CSDDD’ Directive
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: requested by Italy, project of European Day to commemorate victims of accidents at work not yet fully developed
SOCIAL: European Care Alliance calls for sector to be given greater consideration in 2028-2034 multiannual financial framework
EXTERNAL ACTION
MIDDLE EAST: after break in ceasefire in Gaza, EU calls on all parties to implement peace plan
SUDAN: seizure of El Fasher by Rapid Support Forces - EU calls on “all parties” to conflict to de-escalate
BELARUS: EU threatens Minsk with sanctions if hybrid activities against EU continue
SECURITY - DEFENCE - SPACE
NATO: United States to downsize troops in Europe, according to Romania
INSTITUTIONAL
TRANSPARENCY: EU General Court upholds Council’s decision not to publish directly legislative documents to which an applicant has been granted access
LOBBYING: lobbying by major digital companies targeting EU legislation is at an all-time high, says Corporate Europe Observatory
NEWS BRIEFS
UNITED ARAB EMIRATES: António Costa calls for closer relations with Abu Dhabi
UNITED STATES: dispute over Spanish olives - EU can impose tariffs on Washington, according to WTO judge
GEORGIA: EU denounces ruling party’s request to ban three political parties
INDUSTRY: critical raw materials - project promoters must now use single template to apply for strategic project status
INDUSTRY: semi-conductors - ACEA warns of disruption in automotive sector following Dutch takeover of Nexperia
DIGITAL: DSA - qualified researchers now have free rein to request access to data from major online platforms
CSDP: Major General Maurizio Fronda is expected to become EU Force Commander for Operation ALTHEA