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Category: EU Parliament
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...
The EU and Australia signed a Memorandum of Understanding (MoU) for a bilateral partnership to cooperate on sustainable critical and strategic minerals. The MoU was signed on behalf of the EU by...
The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the...
The Council has adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem, better known as the ‘net-zero industry act’. This is the last...
The European Union has taken a significant step towards its green transition goals with the final approval of the Ecodesign Regulation by the Council. This regulation aims to enhance the...
The Council has formally adopted the corporate sustainability due diligence directive. This is the last step in the decision-making procedure. The directive adopted today introduces obligations for large companies regarding...
Key Impact Points: EU Watchdog, The European Securities and Markets Authority (ESMA) has finalized guidelines aimed at curbing greenwashing in the investment sector. These new rules are designed to protect...
Antoni Ballabriga, Global Head of Sustainability Intelligence & Advocacy at BBVA and member of the EU High-Level Expert Group (HLEG) on Scaling Up Sustainable Finance in Low and Middle-income Countries,...
The Council has given its final approval to the directive on time limits for the adoption of sustainability reporting standards for certain sectors and third country undertakings, which amends the...
The Commission is awarding nearly €720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank.The funds for this auction come from the...
Following an alert from the European Consumer Organisation (BEUC), the European Commission and EU consumer authorities (Network of Consumer Protection Cooperation – CPC – Authorities) sent letters to 20 airlines identifying...
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