Name: EU agrees weakened climate target in final-hour deal for COP30
Uploaded: 2025-11-05T22:00:17.600Z
Duration: 1 min 11 s
Description: EU climate ministers agreed a 2040 climate change target in the early hours of Wednesday (November 5) after watering down the goal in last-minute negotiations, as they raced to clinch the deal before the U.N. COP30 summit in Brazil.

EU climate ministers agreed a 2040 climate change target in the early hours of Wednesday (November 5) after watering down the goal in last-minute negotiations, as they raced to clinch the deal before the U.N. COP30 summit in Brazil.

Rio de Janeiro

European Union climate ministers have reached an agreement on a 2040 climate target, aiming to reduce emissions by 90 percent by 2040. The deal, reached after intense negotiations before the COP30 summit in Brazil, includes provisions that allow countries to use foreign carbon credits for up to 5 percent of the reduction target, effectively lowering the required cuts for European industries to 85 percent.

The agreement also leaves open the possibility of using additional international carbon credits in the future, which could further reduce the domestic emissions reduction requirement. The target is intended to align with scientific recommendations and provide guidance to industry, while demonstrating the EU's global leadership on climate action.

EU agrees weakened climate target in final-hour deal for COP30

After intense negotiations, EU climate ministers have agreed on a 2040 climate change target ahead of the COP30 summit in Brazil. The agreement sets a goal to cut emissions by 90 per cent by 2040. However, this target includes certain flexibilities that could dilute its impact. The target is in line with science. It's needed not only for showing our global leadership in climate, but it's also there to give guidance to industry. Under the new plan, countries are allowed to buy foreign carbon credits to cover up 5 per cent of the 90 per cent emissions reduction target. This effectively reduces the required emissions cuts from European industries to 85 per cent. The rest will be compensated by paying foreign countries to cut emissions on Europe's behalf. Additionally, the EU has agreed to consider, in the future, using international carbon credits to meet another 5 per cent of the 2040 emissions reductions. This could potentially lower the domestic target by another 5 per cent.

President Trump hosted a breakfast for Republican senators at the White House on Wednesday morning, where he urged them to end the filibuster as the government shutdown hits a historical milestone.

Washington

Trump doubles down on Republicans as government shutdown makes history

At least nine people were killed, officials say, after a UPS cargo plane crashed near the airport in Louisville, Kentucky. Video shows the jet's left wing on fire as it tries to take off before quickly losing altitude and exploding.

Louisville

Video shows moment UPS plane crashes in Kentucky, killing nine

People around the world are reacting to Zohran Mamdani's win in the New York City mayoral race against former New York Gov. Andrew Cuomo and Republican Curtis Sliwa. CBS News' Ramy Inocencio spoke to Mamdani's mentor in his native Uganda about the election results.

New York

World reacts to Zohran Mamdani's win in NYC mayoral race

Typhoon Kalmaegi left a trail of destruction in the central Philippines, as the powerful storm unleashed heavy rains and floods across Visayas islands region. It's now headed towards the South China Sea and Vietnam where preparations are underway ahead of its expected landfall.

Visayas

Deadly Typhoon Kalmaegi lashes Philippines, heads towards Vietnam

A centuries-old legislative practice in the U.S Senate is being blamed as the latest roadblock in resolving the federal government shutdown. That shutdown is now in its 35th day—equaling the longest in the country's history.

Filibuster blamed for deepening U.S government shutdown

Injuries have been reported after a UPS plane crashed near the Louisville International Airport on Tuesday, officials said.

UPS plane crashes near airport in Kentucky, officials say

The U.S. Senate's 14th vote on a House-passed continuing resolution to fund the government has failed, setting up the shutdown to become the longest ever in American history.

Senate vote fails again to reopen government

A new UN report reviews the gap between countries’ climate commitments and global emissions targets.

UN report reveals climate pledges 'barely moving the needle'

Peru has severed diplomatic relations with Mexico after learning that former prime minister Betssy Chávez, accused of helping ex-president Pedro Castillo attempt a coup in 2022, has taken refuge in the Mexican embassy in Lima.

Lima

Peru cuts ties with Mexico over asylum for ex-prime minister

Former U.S. Vice President Dick Cheney has died at the age of 84. He was a major force in the Republican party for more than 30 years and served as vice president under former President George W. Bush.

Former U.S. Vice President Dick Cheney dies at 84

There has been a sharp escalation in bloodshed in the conflict since Rapid Support Forces fighters captured the city of al-Fashir.

Al Fashir

United States working to secure a humanitarian truce in Sudan

The Trump administration says it will restart the Supplemental Nutrition Assistance Program, but will only pay half the amount people usually get. The move comes after two federal judges ruled that freezing payments for the U.S.'s biggest anti-hunger program is unlawful.

Trump administration will partially restore food benefit funding

Manufacturing giant Kimberly-Clark is set to acquire Kenvue, the maker of Tylenol, for $48.7 billion. CBS News MoneyWatch correspondent Kelly O'Grady has more details.

Kimberly-Clark to buy Tylenol maker Kenvue for nearly $50 billion

Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.

Pokrovsk

Ukraine Invasion

Ukraine sends special forces to Pokrovsk

Israeli police have arrested a former military prosecutor after she leaked a video appearing to show soldiers abusing a Palestinian detainee. Major General Yifat Tomer-Yerushalmi was detained overnight on Monday following a scandal that erupted after she leaked a video, resigned and then disappeared.

Jerusalem

Middle East Conflict

Israel arrests ex-army lawyer over leaked video showing abuse

U.S. President Donald Trump told 60 Minutes he thinks Venezuelan President Nicolas Maduro's days are numbered amid the U.S. striking another boat in the Caribbean allegedly transporting drugs.

Trump sounds off on Venezuela's Maduro as deadly boat strikes continue

A mayor in Mexico's western state of Michoacan was shot dead in a plaza in front of dozens of people who had gathered for Day of the Dead festivities, authorities said. Local politicians in Mexico are frequently victims of political and organized crime violence.

Michoacán

Mexican mayor killed during Day of the Dead celebrations

A 6.3-magnitude earthquake struck near the northern Afghan city of Mazar-e Sharif early on Monday, killing at least 20 people, injuring hundreds and damaging the city's historic Blue Mosque, authorities said, with the death toll likely to rise.

Mazar-i-Sharif

Deadly earthquake rocks northern Afghanistan

More than 200,000 people are expected to attend the Los Angeles Dodgers' victory parade on Monday after they won the World Series over the weekend. The Dodgers defeated the Toronto Blue Jays in 11 innings in Game 7 to become the first team in 25 years to win back-to-back World Series.

Los Angeles

Dodgers to hold championship parade after World Series victory

A 32-year-old man suspected of carrying out a bloody stabbing on a United Kingdom train is facing at least 10 criminal charges. CBS News' Ramy Inocencio has the latest.

London

UK train stabbing spree suspect faces attempted murder charges

Hamas handed over bodies of three hostages on Sunday (November 2), even as the Palestinian militant group traded blame with Israel for violations of the tenuous truce that has mostly halted two years of war.

Tel Aviv-Yafo

Hamas hands over three more hostage bodies amid fragile ceasefire

Israel has threatened to increase attacks on Hezbollah in southern Lebanon if the Lebanese government doesn't disarm the militant group, despite a ceasefire.

Israel warns of intensified strikes on Hezbollah if disarmament fails

U.S President Donald Trump has long promised to build a ballroom on the White House campus.
He originally said it wouldn’t touch the existing structure. But after just four days, the East Wing is gone. Torn down to make way for a much bigger ballroom than originally planned.

Trump’s $300m White House ballroom project sparks controversy

Two more suspects, a man and a woman arrested this week over the jewel heist at the Louvre, have been charged and remanded in custody, prosecutors have said. The charges on Saturday brought the number of people now charged over the spectacular robbery to four.

Paris

Two more charged over Louvre jewelry heist

British police say eleven people were injured, most of them seriously, in a mass stabbing on a London-bound train Saturday evening. Authorities have arrested two British-born men and are investigating their motive in the incident.

Breakdown