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Category: EU Parliament
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,...
EIT InnoEnergy, the leading innovation engine in sustainable energy supported by the European Institute of Innovation & Technology (EIT), announces the launch of the European Solar Academy. Mandated by the...
Executive Summary The European Investment Bank (EIB) is supporting RWE’s new 1.1 GW Thor wind farm in the Danish North Sea with a €1.2 billion green loan. This project aligns...
After the rightward turn in Europe’s elections last week, few people thought that the EU would continue its streak of leadership sustainability policies. In a surprise move, the environment ministers...
Executive Summary The European Supervisory Authorities (ESAs) have proposed new categories for financial products under the Sustainable Finance Disclosure Regulation (SFDR) to address greenwashing and improve clarity for investors. The...
The Council formally adopted the – first of its kind – regulation on nature restoration. This law aims to put measures in place to restore at least 20% of the...
The European Commission has approved, under EU State aid rules, an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources....
The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published their Final Reports on Greenwashing in the financial sector. Key Impact Points: The European Supervisory Authorities (EBA, EIOPA,...
With the decisions adopted today, the European Union and Euratom will leave the Energy Charter Treaty, while member states will be allowed to support its modernisation during the next Energy...
The Council has adopted a directive promoting the repair of broken or defective goods, also known as the right-to-repair (or R2R) directive. This legislation will make it easier for consumers to...
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