These documents (for which the context allows, text, content, tables with macros and electronic interfaces, as well as their underlying assumptions, conversions, formulas, algorithms, calculations and other mathematical and financial techniques) are made available to members of the Credit Market Association, in accordance with the statutes of the Credit Market Association (a copy of which is available here) to facilitate the documentation of transactions in the credit markets. None of the Loan Market Association, Allen-Overy or Clifford Chance assumes any responsibility for any use of these materials or any loss, damage or liability resulting from such use. None of the Loan Market Association, Allen-Overy or Clifford Chance has considered the laws of a jurisdiction that may apply to any of the parties to an agreement using these materials and its purpose. Members should therefore consider all relevant legal, accounting and regulatory issues before using these materials or entering into a transaction in connection with these materials and, if necessary, consulting with their professional advisors. The agreement came into force in 1979 as the Tokyo Round Code on Government Procurement, which came into force in 1981 under the General Agreement on Tariffs and Trade.  It was then renegotiated in parallel with the 1994 Uruguay Round and this version came into force on 1 January 1996. The agreement was then revised on March 30, 2012. The revised MPA came into effect on July 6, 2014.  The following WTO members are parties to the 1994 agreement: The Council`s position is partial because it does not yet set an updated target for reducing greenhouse gas emissions by 2030, as further work is needed to reach agreement between Member States in this regard. The agreement on a partial Council position is an opportunity to consolidate the progress made during the months of intense negotiations between The Member States – expert-level discussions began in March 2020 – and can help the Council complete its general (complete) approach as soon as an agreement on the outstanding issues has been reached. On 17 September 2020, the Commission published a communication on the 2030 climate change plan, which accompanied a global impact assessment. The Commission has also adopted a proposal to amend the Commission`s original proposal on EU climate legislation, which contains a revised target of reducing EU emissions by at least 55% by 2030.