Tag: EU Commission
The European Commission has introduced a new voluntary sustainability reporting standard aimed at small and medium-sized enterprises (SMEs), providing a simplified framework to meet growing information demands from financial institutions...
Anjinho demands answers on lack of public consultation, impact assessment, and climate review What’s happening In a letter to Commission President Ursula von der Leyen, Anjinho questioned the Commission’s justification...
The European Commission has released a new Recommendation on Tax Incentives to support the Clean Industrial Deal (CID), a key pillar of the EU’s climate-neutral strategy. This initiative outlines a...
Key Impact Points: EFRAG Responds to EU Push for ESRS Simplification EFRAG has released a progress report detailing its strategy to significantly simplify the European Sustainability Reporting Standards (ESRS), aiming...
The European Commission has rolled out a set of revisions to simplify implementation of its EU Deforestation Regulation (EUDR), aiming to ease compliance burdens while maintaining its environmental objectives. The...
The European Commission has awarded the construction contract for its new Joint Research Centre (JRC) building in Seville, Spain. Once approved by the European Parliament and the Council of the...
The European Commission has launched €4.6 billion in funding under the Innovation Fund to accelerate decarbonization and enhance Europe’s green technologies. These initiatives are critical for meeting climate neutrality goals...
Details of the Transaction The European Commission raised €7 billion in its 10th syndicated bond transaction of 2024, with €3 billion allocated as NextGenerationEU (NGEU) Green Bonds. The issuance included:...
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 has approved, under EU State aid rules a €17.7 billion Italian scheme to support the construction and operation of a centralised electricity storage system. The measure contributes...
The Commission launched the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channelled through the Innovation Fund. Producers of...
Small-scale farmers and agribusinesses are on the front lines of two global battles: one to ensure food security and the other against climate change. As small-scale agriculture provides 35% of...
The Commission is opening the Innovation Fund‘s 2023 call for proposals with a record budget of €4 billion to support the deployment of innovative decarbonisation technologies. The call is funded by revenues from...
The EU Commission is proposing for the first time measures to prevent microplastic pollution from the unintentional release of plastic pellets. Currently, between 52 and 184 thousand tonnes of pellets are...
ProLogium, an energy innovation company specializing in the R&D and manufacturing of next-generation EV solid-state battery solutions has selected France as the location for its first large-scale solid-state battery manufacturing...
The European Commission has approved, under EU State aid rules, a €850 million French measure to support ArcelorMittal France in partially decarbonising its steel production processes. The measure will contribute to...
The European Commission has approved, under EU State aid rules, the modification of a Dutch scheme to reduce greenhouse gas emissions. The scheme will further contribute to achieving the Netherlands’...
The EU Commission has selected 107 transport infrastructure projects to receive over €6 billion in EU grants from the Connecting Europe Facility (CEF), the EU’s instrument for strategic investment in transport infrastructure. Over 80% of...
The European Commission has approved a €1.1 billion Hungarian scheme to support electricity storage facilities to foster the transition to a net-zero economy. The scheme was approved under the State...
The European Commission has put forward a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework. The transition to a climate-neutral and...
The European Commission has approved a €837 million Spanish scheme to support the production of batteries for the industrial chain of electric and connected vehicles to foster the transition to...
The funds will be used to build more than 2,000 charging points in Italy, Spain, France, Austria, Germany, Portugal, Slovenia, and Greece CDP acted as an executive partner of the...
The European Commission and the European Investment Bank have announced €18 billion of financing under Global Gateway, Europe’s investment strategy for partner countries. This will boost investment in Global Gateway’s priority...
The European Commission has approved, under EU State aid rules, a €401 million Czech scheme to promote green district heating based on renewable energy and waste heat. The measure will...
The European Commission has approved, under EU State aid rules, a €158 million Polish measure to support LOTOS Green H2 sp. z o.o, a special purpose vehicle ultimately owned by...
The European Commission has approved a €450 million Italian scheme to support the production of renewable hydrogen with the aim to foster the transition to a net-zero economy, in line...
The European Commission is launching the third call for small-scale projects under the Innovation Fund, one of the world’s largest funding programmes for the deployment of innovative low-carbon technologies. Financed by revenues from...
The European Commission has issued €6 billion of NextGenerationEU green bonds in its fourth syndicated transaction for 2023. The single tranche transaction was executed via a tap of the green...
More than €1.1 billion in finance to be mobilized in sustainable projects, supported by €150 million in InvestEU guarantees The InvestEU Investment Committee has approved guarantees worth up to around €150 million...
The EU Commission is proposing common criteria against greenwashing and misleading environmental claims. Under the proposal, consumers will have more clarity, stronger reassurance that when something is sold as green, it actually is green, and...
The EU Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition. This initiative was...
The EU Commission has proposed to reform the EU’s electricity market design to accelerate a surge in renewables and the phase-out of gas, make consumer bills less dependent on volatile fossil fuel prices, better protect...
The European Commission has found Hungary’s €89.6 million measure in favour of Samsung SDI to be in line with EU State aid rules. The investment aid will support the expansion...
The European Commission has approved, under EU State aid rules, a €1.1 billion German scheme to compensate rail transport operators using electric traction in the context of the recent spike...
The European Commission has approved, under EU State aid rules, a €460 million Spanish measure to support ArcelorMittal España in partially decarbonising its steel production processes. The measure will contribute to...
The European Commission has approved, under EU State aid rules, a €170 million Danish scheme to support the production of renewable hydrogen through Power-to-X (‘PtX’) technologies. The measure aims to...
The European Commission has proposed ambitious new CO2 emissions targets for new heavy-duty vehicles (HDVs) from 2030 onwards. These targets will help to reduce CO2 emissions in the transport sector –...
The Commission has proposed detailed rules to define what constitutes renewable hydrogen in the EU, with the adoption of two Delegated Acts required under the Renewable Energy Directive. These Acts are...
The European Commission has approved, under EU State aid rules, a €2.08 billion French measure to support offshore wind electricity production in France. The measure will contribute to achieving France’s...
The European Commission has approved, under EU State aid rules, a Greek scheme to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs under the EU...
The Commission presents a Green Deal Industrial Plan to enhance the competitiveness of Europe’s net-zero industry and support the fast transition to climate neutrality. The Plan aims to provide a more supportive...
The European Commission has approved, under EU State aid rules, a €1.1 billion Danish scheme to support the roll-out of carbon capture and storage technologies. The measure contributes to the...
The European Commission has approved, under EU State aid rules, the modification of a German scheme to support the production of electricity from renewable energy sources. The scheme reflects a...
The European Commission and the European Bank for Reconstruction and Development (EBRD) have signed an InvestEU guarantee agreement worth up to €450 million. The agreement will unlock EBRD finance of up...
The Commission welcomes the provisional political agreement just reached between the European Parliament and the Council on an EU Regulation on deforestation-free supply chains. Once adopted and applied, the new law will...
The Commission has adopted the Territorial Just Transition Plan (TJTP) for Slovakia setting the strategy for the investment of €459 million allocated to the country from the Just Transition Fund (JTF). These funds will...
The European Commission has issued a further €8.5 billion, of which €6 billion through a NextGenerationEU green bond for its recovery programme and €2.5 billion to support Ukraine under the...
The European Commission has approved a €225.6 million German aid measure to support SEFE Securing Energy for Europe GmbH (‘SEFE GmbH’), previously Gazprom Germania GmbH, currently placed under the trusteeship...
The Commission presented a proposal to reduce air pollution from new motor vehicles sold in the EU to meet the European Green Deal’s zero-pollution ambition, while keeping vehicles affordable for consumers and...
The European Commission has proposed a new temporary emergency regulation to accelerate the deployment of renewable energy sources. Together with diversifying our supplies and saving energy, deploying more renewable energy is part...
The European Commission has approved, under EU State aid rules, a €1 billion German measure to help Salzgitter Flachstahl GmbH decarbonize its steel production processes by using hydrogen, including renewable...
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have delivered to the European Commission their Final Report with draft Regulatory Technical Standards regarding the disclosure of financial products’ exposure...
The EU Commission is taking legal steps against 11 Member States, calling on them to step up the implementation of the Single-Use Plastics Directive in order to reduce the impact...
Biodiversity continues to decline Slow progress toward achieving good status for water bodies More action needed to improve recyclabiity and waste prevention Air pollution still a major concern The EU...
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