Four years have passed since the Paris Agreement was signed, but it is becoming increasingly clear that progress and policies on emission reductions have been largely insufficient. In a context of rising pressure to meet emissions targets, the COP25 summit is likely to be a catalyst for tightening and intensifying climate change regulation in the years to come. Indeed, the European Parliament just declared a climate emergency and the EU Commission is looking to upgrade national emission reductions to 50% by 2030, from 40% during the course of 2020. Almost every sector will be impacted by these measures.
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