The European Union is set to propose climate plan

image is Shutterstock 1916494541

The "Fit for 55" package will be released on Wednesday.

The European Union will propose a climate policy plan among the world's biggest greenhouse gas emitters this week, reported Reuters. They will unveil plans designed to cut emissions drastically over the next decade.

"The policies, if approved, would put the bloc on track for its goal of reducing planet-warming emissions 55 percent by 2030, from 1990 levels," the agency wrote.

On Wednesday, the bloc will propose 12 policies within four areas: energy, industry, transport, and the heating of buildings.

The "Fit for 55" package will be released on Wednesday, and will still face months of negotiations between the 27 EU countries and the European Parliament; the agency said.

The EU had cut its emissions 24 percent, in 2019,  from 1990 levels. They have another 31 percent to reach the 55 percent target.

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