EU environment ministers have reached agreement on the bloc's 2040 climate target following all night negotiations in Brussels.
Member states have agreed a target of cutting carbon emissions by 90% by 2040 compared to 1990 levels.
It is understood the measures were approved by a weighted majority of member states early this morning.
Ministers also agreed to a range of cutting emissions of between 66.25% and 72.5% by 2035.
This target will be enshrined in the so-called Nationally Determined Contributions under the Paris Agreement.
The EU will bring this target to the UN COP30 climate summit in Brazil this week.
Under the 2040 agreement, member states will be able to outsource up to 5% of their national effort in reducing carbon emissions to non-EU countries through international credits.
That system will begin in 2036, although there will be a pilot project running between 2031-35.
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Ministers also agreed a revision clause, whereby the European Commission will assess flexibility for member states in meeting their targets, with the potential for further use of international credits.
Member states agreed to postpone by one year the new Emission Trading System covering buildings and transport. The so-called ETS2 scheme was due to come into effect in 2027.
