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Five major environmental NGOs, including BirdLife Europe and WWF, have urged EU leaders to stop the deregulation agenda, warning it risks undermining the Single Market and Europe’s competitiveness. They cite concerns over the dilution of the EU Emissions Trading System, which could destabilize the carbon market and hinder climate goals.

The NGOs argue that enforcing current environmental laws could save €180 billion annually, while climate inaction may cost €5.6 trillion over 30 years. They call for swift action to protect public health and ensure a stable green transition amidst rising energy costs linked to Middle Eastern tensions.