Europe’s largest fund manager Amundi has downgraded 100 funds with 45 billion euros ($46.28 billion) in assets to a lower level of sustainability under European Union rules ahead of new reporting...
In 2021-2027, Spain will benefit from €37.3 billion in Cohesion Policy funding to accelerate the country’s green transition, finance innovation and digitisation, increase the employment rate and improve local social...
President of Indonesia Joko Widodo, President of the European Commission Ursula von der Leyen on behalf of the EU, and leaders of the International Partners Group (IPG), co-led by the United States...
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 Emerging Market Climate Action Fund has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects...
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 Council and the European Parliament reached a provisional political agreement on stronger emission reduction targets for member states under the so-called effort sharing regulation. Pending a formal adoption, the...
The European Investment Bank (EIB) Group will convey the urgency of mobilising massive resources for global warming mitigation and adaptation at the United Nations Climate Change Conference (COP27), in Sharm El...
The European Union sought on Thursday to reassure international companies it would seek to align its sustainability disclosure rules with a global initiative, after warnings from regulators over fragmenting capital...
In 2021, the European Union and its 27 member states committed €23.04 billion in climate finance from public sources to support developing countries to reduce their greenhouse gas emissions and adapt to the...
As an intermediary step, average emissions of new cars must decrease 55% by 2030 The agreement marks the first step in the adoption of the “Fit for 55” proposals tabled...
German energy equipment supplier Siemens Energy and EU-backed fund EIT InnoEnergy will team up to jointly explore investments in the energy start-up space, the fund said in a statement. No financial...
The EU’s bank, EIB, provides another loan of EUR 75.1 million to Stockholm’s Kooperativa Bostadsförening (SKB) to build low-energy houses in Stockholm. The energy consumption in these new buildings will...
Long-term support and energy transition are emerging as central elements in the European Alliance of Cities and Regions for the Reconstruction of Ukraine. Local and regional politicians from across the...
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...
Grants will support Czechia’s efforts to phase out coal-fired power by 2033 Targeted assistance aimed at regions that employ 21,000 people in coal and chemicals industry “We will make sure...
Call for EU framework on climate adaptation Need for a climate resilience “stress test” for key infrastructure Boosting EU civil protection and emergency response Improving food security, sustainable water and...