This year's United Nations climate summit in Glasgow, Scotland must kick-start a decade of action to address the environmental crisis, U.S. climate change envoy John Kerry said on Tuesday during a visit to European Union headquarters in Brussels.
Europe's shift from fossil fuel-based electricity to renewable sources has reduced environmental problems while also cutting the greenhouse gas emissions causing climate change.
The price of permits on the European Union carbon market has soared to record levels in the first trading days of the year, hiking costs for polluters as the EU prepares measures to enforce deeper emissions cuts.
More than 100 scientists have urged the European Commission to address urgently a "critical oversight" in its planned rules on sustainable finance that they say could undermine the bloc's climate change goals.
The European Union has drafted a deal to curb greenhouse gas emissions by at least 55% by 2030, against 1990 levels, a target it hopes its 27 members will endorse at a summit next month, the document showed.
Greenhouse gas emissions regulated under Europe's carbon market fell by 9.1% last year from a year earlier, the European Commission said in a report to the European Parliament and Council.
President Xi Jinping's pledge that China will achieve carbon neutrality before 2060 is the most significant climate policy move for years and, if achieved, could curb likely global warming by 0.2-0.3 Celsius this century, researchers said.
