SYNI launches into Part 2 of our mini-series on the European Commission’s proposed 2040 Climate Law amendment, a plan that would legally bind the European Union to cut its net greenhouse gas emissions by 90% by the year 2040. This week we’re zooming in on the Iberian Peninsula, unlocking the likely impact of the EU’s initiative specifically on Spain and Portugal, and then circling back to the traditional European heavyweights of Germany and France. We’ll also dive into carbon credits, market design, and climate governance shifts under this 2040 proposal. It’s a statement that the EU is not taking the foot off the accelerator after 2030 but rather pressing harder. The direction is set, towards deep decarbonisation.