The Lima Conference confirmed the Warsaw decision that all Parties ready to do so should communicate their INDC in the first quarter of 2015 in a manner that facilitates the clarity, transparency and understanding of the INDC. 3. The EU and its Member States wish to communicate the following INDC. The EU and its Member States are committed to a binding target of an at least 40% domestic reduction in greenhouse gas emissions by 2030 compared to 1990, to be fulfilled jointly, as set out in the conclusions by the European Council of October 2014.