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Tag: EU
Driving the Shift to Zero-Emission Mobility The EU is investing nearly €422 million in 39 projects to expand alternative fuel supply infrastructure along the trans-European transport network (TEN-T). The funding...
Investors managing a combined €6.6 trillion in assets are calling on the European Commission to uphold the integrity of the EU’s sustainable finance framework. Concerns are mounting that the upcoming...
The European Commission has launched the Competitiveness Compass, a strategic roadmap to drive technological leadership, economic resilience, and climate neutrality. The initiative addresses Europe’s lag in productivity growth by focusing...
EU’s Omnibus Proposal Faces Industry Backlash A coalition of 11 global corporations, including Unilever, Nestlé, Mars, and DP World, has urged the European Commission not to dilute existing sustainability reporting...
The European Commission is set to propose a ban on PFAS (“forever chemicals”) in consumer products, targeting their widespread use in items like cosmetics, non-stick pans, and industrial applications. Health...
The Platform on Sustainable Finance (PSF) has launched a public consultation to gather feedback on updates to the EU Taxonomy, the EU’s classification system for defining sustainable economic activities. The...
Modernizing EU Construction Standards The European Union’s new Construction Products Regulation officially takes effect, replacing the 2011 rules to modernize the industry and boost competitiveness across the EU Single Market....
The European Commission has introduced the Flight Emissions Label (FEL), a voluntary program offering airlines a standardized and transparent way to report flight emissions. Fully operational by July 2025, FEL...
The News: The European Parliament approved a one-year delay for the EU deforestation law, which aims to ban products sourced from deforested or degraded land. Initially set to take effect...
The News: The European Union has finalized ambitious regulations requiring all packaging to be 100% recyclable by 2030. The comprehensive rules target the full lifecycle of packaging,emphasizing re-use, recycling, and...
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...
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 Council and European Parliament today reached a provisional agreement on a proposal for a regulation on environmental, social and governance (ESG) rating activities, which aims to boost investor confidence in sustainable...
Key Impact Points: The new rules would make it easier for persons with disabilities to travel in the EU by ensuring access to special conditions, including parking, in all member...
In line with the European Union’s push for a green transition, Volvo Car Corporation and the European Investment Bank (EIB) have signed a €420 million financing agreement in support of the...
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...
The Commission is proposing a Forest Monitoring Law that will plug existing gaps in the information on European forests and create a comprehensive forest knowledge base, to allow Member States, forest owners and forest...
In the second quarter of 2023, EU economy greenhouse gas emissions totalled 821 million tonnes of CO2-equivalents (CO2-eq), a -5.3% decrease compared with the same quarter of 2022 (867 million tonnes of CO2-eq). In the...
The Commission welcomes the provisional agreement reached between the European Parliament and Council on a new EU Regulation to reduce energy sector methane emissions in Europe and in our global supply...
SEC Chair Gary Gensler was forced once again to come to the defense of the Commission’s long-awaited climate disclosure rule. This time, it was in front of a US Chamber of Commerce...
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