The analysis conducted by the Commission indicates that the policies and objectives already established in the EU will allow a reduction in its GHG emissions of around 45% by 2030 and by around 60% by 2050. However, this figure falls far short of the 80%-95% reductions in GHG emissions that will be needed for the EU to achieve the goal of carbon neutrality by 2050 and adequately contribute to the goal to be long-term temperature policy set out in the Paris Agreement.