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Category: EU Parliament
Key Impact Points: EU Advances Carbon Removal Standards The Council has finalized a regulation to establish the EU’s first certification framework for permanent carbon removals, carbon farming, and carbon storage...
The European Parliament’s recent vote to delay the EU deforestation regulation signals a shift that could impact environmental and trade policies for years to come. While the law was originally...
Follow ESG News on LinkedIn This week, the EU and the US seemed to swap roles as California advanced its climate disclosure law, maintaining the 2026 reporting deadline for large...
The European Union has officially pushed back the enforcement of its pivotal Regulation on Deforestation-free Products (EUDR), a move confirmed by European Commission President Ursula von der Leyen. Originally set...
The European Commission is addressing gaps in the transposition of several EU directives across Member States. The lack of national measures hampers harmonized implementation and compliance with EU law. Here’s...
The European Commission has initiated a public consultation on its draft proposal to introduce the EU Flight Emissions Label (FEL). This voluntary initiative is designed to provide passengers with standardized...
The European Investment Bank (EIB) Board has approved €5.3 billion in financing to boost climate resilience and bolster business competitiveness. This investment will support cities, businesses, and communities in Europe...
The Commission’s Approval The European Commission has approved Poland’s €1.2 billion (PLN 5 billion) state aid scheme, designed to drive investments in sectors crucial for the shift to a net-zero...
European Commission President Ursula von der Leyen has revealed the team that will lead the EU’s most powerful institution for the next five years, with a clear focus on addressing...
The European Commission has approved a €682 million ($756.54 million) Belgian state aid package to support the growth of offshore wind energy. The funds will back the construction and operation...
The 2024 State of the Energy Union report highlights the EU’s significant progress in ensuring secure, competitive, and affordable energy, while also laying the groundwork for future economic growth and...
Europe’s climate is changing fast, bringing extreme weather that poses significant risks to the region’s economy, environment, and health. With the continent warming at twice the global average since 1980,...
The European Investment Bank (EIB) has taken another significant step towards sustainability by issuing a new EUR 5 billion Climate Awareness Euro Area Reference Note (EARN). This 10-year bond, due...
The European Commission’s REPowerEU Plan, launched in May 2022, aims to transform Europe’s energy landscape by reducing reliance on Russian fossil fuels and boosting renewable energy production. This strategic move...
The European Commission has released detailed guidelines on the implementation of the EU Corporate Sustainability Reporting Directive (CSRD). The CSRD, introduced through Directive (EU) 2022/2464, aims to enhance transparency and...
The EU has introduced a comprehensive law aimed at enhancing the sustainability of products in the market. The new Ecodesign for Sustainable Products Regulation expands on the existing Ecodesign Directive,...
The European Commission has announced a record €7 billion investment in sustainable, safe, and smart transport infrastructure through the Connecting Europe Facility (CEF). This marks the largest call under the...
EU Imposes Provisional Duties on Chinese BEVs The European Commission has imposed provisional countervailing duties on battery electric vehicle (BEV) imports from China, nine months after initiating an anti-subsidy investigation....
Key Impact Points: The European Commission has approved a €3 billion Swedish scheme to support carbon capture and storage (CCS) aimed at reducing biogenic CO2 emissions. This initiative aligns with...
The European Central Bank (ECB) has published its second set of climate-related financial disclosures, which provides information on the carbon footprint of its portfolios and their exposure to climate risks,...
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