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Tag: European Union
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,...
In a bid to enhance supply chain transparency and sustainability, Indonesia will launch a digital dashboard by August to monitor key agricultural commodities such as palm oil, coffee, and rubber....
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 EU has long been the leading edge of sustainability policy – though some might quibble with their approach. But in recent months, European ESG policy has encountered growing opposition...
The new law sets a target for the EU to restore at least 20% of the EU’s land and sea areas by 2030 and all ecosystems in need of restoration...
The Commission welcomes an agreement between the European Parliament and the Council on the most ambitious and comprehensive reform of the EU’s economic governance framework since the aftermath of the...
The European Union is committed to reaching ‘net zero’ CO2 emissions by 2050. While the major part of this effort will come from reducing current emissions levels in the coming years,...
EIB Global has signed memorandums of understanding for project co-financing with the Republic of Kazakhstan, the Kyrgyz Republic, the Republic of Uzbekistan and with the Development Bank of Kazakhstan for a...
The European Financial Reporting Advisory Group (EFRAG) has launched a public consultation on two draft sustainability reporting standards for small and medium-sized enterprises (SMEs): the Exposure Draft ESRS for listed...
The Council and the European Parliament’s negotiators today reached a provisional political agreement on CO2 emission standards for heavy-duty vehicles (HDVs). The aim is to further reduce CO2 emissions in the road transport sector and to...
Parliament has given its final green light to a directive that will improve product labelling and ban the use of misleading environmental claims. The directive adopted today with 593 votes...
Key Impact Points: With 457 votes in favour, 92 against and 32 abstentions, MEPs endorsed a deal reached with the Council to further cut emissions from fluorinated gases. The text foresees...
The European Union will begin an anti-dumping investigation into biodiesel imports from China, which the bloc’s industry said has slashed domestic production. In August, it began investigating whether biodiesel from...
The European Commission has approved, under EU State aid rules, a €1.3 billion French scheme to support the development of non-fossil flexibility technologies to ensure that the electricity supply matches...
Road vehicles to stay cleaner for longer, to improve air quality On Monday, Parliament and Council reached a provisional agreement on new rules to reduce road transport emissions for passenger...
The new rules will reduce air, water and soil pollution, and steer large agro-industrial installations in the green transition. Late on Tuesday night, negotiators from the Parliament and Council reached...
On Thursday night, Parliament and Council reached a provisional agreement on revising EU procedures and control measures for waste shipments. The agreed law aims to protect the environment and human...
The Environment Committee adopted its proposals to lower pollutant emissions and set battery durability requirements for passenger cars, vans, buses and trucks. The Committee on the Environment, Public Health and...
The EU has officially launched the first phase of its Carbon Border Adjustment Mechanism (CBAM), the world’s first carbon tariff. The first phase of the CBAM targets imports of emissions-intensive products, including...
EU Parliament voted to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. The update of the Renewable Energy Directive (RED), already agreed upon...
The European Union is cracking down on fast fashion waste, with new rules that would require retailers to contribute to the cost of collecting used clothes for reuse and recycling....
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...
During their first two years, the EU Missions in Horizon Europe have supported the Commission’s work on the European Green Deal, making Europe fit for the Digital Age, and Europe’s Beating Cancer Plan. Since their inception, EU Missions...
The EU and Uruguay have decided to step up their cooperation in pursuing the clean energy transition. At the EU-CELAC Summit in Brussels, Commissioner for Energy Kadri Simson and Uruguay’s Minister for...
At the EU-CELAC Summit in Brussels the EU and Argentina have taken a further step in their energy cooperation with the signature of a MoU. Signed by European Commission President...
The EU Commission is awarding over €3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund. With a focus on the REPowerEU Plan and phasing out Europe’s...
MEPs approved new rules on more alternative fuel stations for cars and trucks, simple and easy recharging, and on cleaner maritime fuels. The new rules are part of the “Fit for...
The EU Parliament has adopted its position for negotiations with Council on rules to reduce pollution and steer large agro-industrial installations in the green transition. The European Parliament’s position on...
MEPs approved plans, already agreed with Council, that set new energy saving targets for 2030, as part of the European Green Deal. The law will set energy-saving targets in both primary and final energy...
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 is proposing rules to make producers responsible for the full lifecycle of textile products and to support the sustainable management of textile waste across the EU. This initiative will accelerate the...
The report, adopted with 46 votes in favour, 41 against and 1 abstention, sets stricter 2030 limit and target values for several pollutants including particulate matter, NO2, SO2 and O3...
Today, on the occasion of the Summit for a New Global Financing Pact, which aims to build a new consensus for a more inclusive international financial system, Senegal and the...
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...
Commissioner for International Partnerships, Jutta Urpilainen, announced the resumption of budget support for Zambia and launched three programmes worth €110 million under Global Gateway. The announcement was made alongside President Hakainde Hichilema...
Parliament calls for an annual ‘EU day for the victims of the global climate crises’ to be established to remember the human lives lost due to climate change. In the...
The Environment Committee put forward its proposals to make products in the EU more environmentally friendly, circular and energy efficient throughout their lifecycle. On Thursday, the Committee on the Environment,...
Chile and the European Union will sign a MOU soon to develop value-added lithium projects in Chile, Ursula von der Leyen, president of the European Commission, said on Wednesday. Speaking...
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 Union’s Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernise their energy systems, reduce greenhouse gas emissions in energy, industry and...
Eurostat, the statistical office of the European Union, published the ‘Sustainable development in the European Union — monitoring report on progress towards the SDGs in an EU context, 2023 edition’,...
On Wednesday, the Environment Committee adopted its position on EU rules to further reduce pollution and steer large agro-industrial installations in the green transition. The industrial emission directive (IED) lays down rules...
The EU and the Republic of Korea have established a Green Partnership with the aim of strengthening bilateral cooperation and exchanging best practices on climate action, clean and fair energy...
On Thursday, MEPs backed draft legislation to improve product labelling and durability and to put a stop to misleading claims. With 544 votes to 18 and 17 abstentions, plenary approved...
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...
EU Parliament’s Environment and Industry Committees adopted their position on reducing methane emissions in the energy sector to reach EU climate goals and improve air quality. The new legislation, adopted...
On Tuesday, the EU Parliament and Council negotiators agreed to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. A provisional deal, reached...
EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe’s carbon market, which is set to make it more costly to pollute and sharpen...
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 Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft...
To fight climate change and biodiversity loss, the new law obliges companies to ensure products sold in the EU have not led to deforestation and forest degradation. While no country...
MEPs adopted the reform of the EU’s Emissions Trading System including for aviation and maritime, the Carbon Border Adjustment Mechanism and a new Social Climate fund. On Tuesday, the EU...
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 Union made public four ambitious proposals for the next Indian Ocean Tuna Commission (IOTC) session taking place from 8 to 12 May 2023. The objective is to improve...
The text agreed on Thursday with the Swedish Presidency aims to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. MEPs and the Swedish...
The EU Commission welcomes the political agreement reached between the European Parliament and the Council to boost the number of publicly accessible electric recharging and hydrogen refuelling stations in particular...
MEPs and the Swedish Presidency of the EU Council agreed on mandatory national targets for the deployment of infrastructure for alternative fuels for cars and trucks. A provisional agreement was...
PowerCo, the new battery company of the Volkswagen Group, and Belgian circular technology group Umicore have obtained full regulatory approvals for their joint venture announced in September 2022. The partners...
EU Parliament and Council reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050, to help the...
From tomorrow, at the United Nations Water Conference in New York from 22 to 24 March, the EU will be confirming its strong engagement for global water security by announcing 33 commitments...
Exposure to climate change risk is the fastest growing threat to businesses, say EU CEOs. Nearly a quarter (24%) of EU CEOs believe their companies will be highly or extremely...
This month, Sweden took over the rotating presidency of the Council of the EU with a pledge to focus on security, competitiveness, green and energy transitions, democratic values and the...
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...
EU Parliament adopted draft measures to increase the rate of renovations and reduce energy consumption and greenhouse-gas emissions on Tuesday. The proposed revision of the Energy Performance of Buildings Directive...
The Commission welcomes the provisional agreement reached this morning with the European Parliament and the Council to reform and strengthen the EU Energy Efficiency Directive. This deal marks a further step in...
The Commission announced an investment of over €116 million for the new LIFE Programme’s Strategic Projects. The funding will help eight major projects in Belgium, Estonia, Spain, Italy, Poland, Slovakia and Finland reach their climate and environmental targets....
In an official visit in Morocco, Neighbourhood and Enlargement Commissioner Olivér Várhelyi announced new cooperation programmes worth €624 million in total to support Morocco’s transition to green energy, enhance cooperation on addressing irregular...
At the Our Ocean Conference in Panama, the EU is confirming its strong engagement for international ocean governance by announcing 39 commitments for action for the year 2023. These actions will be funded by €816.5...
EU negotiators on Tuesday struck a deal creating the first best in class standard for the issuing of green bonds. The “European Green Bonds Standard” (EUGBS), which companies issuing a...
The Board of Directors of the European Investment Bank (EIB) has approved €5.5 billion of new financing to support new green energy, business, transport, health and education across Europe and...
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 EU Parliament approved the new CO2 emissions reduction targets for new passenger cars and light commercial vehicles, part of the “Fit for 55” package. With 340 votes in favour,...
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...
Today in Mumbai Kris Peeters, Vice-President of the European Investment Bank (EIB), the bank of the European Union, formally agreed to join the India Hydrogen Alliance (IH2A) and increase support...
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 European Investment Bank Group signed a record amount in new financing for renewables, efficiency, storage and grids in 2022, highlighting the EU bank’s unwavering commitment to ensure access to...
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...
As Team Europe, the EU and its Member States will invest more than €280 million in grants in South Africa, including €87.75 million from the EU budget, to support policy...
The European Commission, EU Member States, and 26 partners countries will launch “The Coalition of Trade Ministers on Climate”, the first Ministerial-level global forum dedicated to trade and climate and...
On Tuesday morning, Swedish Prime Minister Ulf Kristersson discussed the priorities of the Swedish Council Presidency with MEPs in Strasbourg. During his address, Mr Kristersson said that his country’s first...
The building blocks of the European Health Union are officially in place. This not only includes stronger EU rules on serious cross-border threats to health, but also a stronger mandate...
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...
On Saturday night, Parliament and Council reached a provisional agreement to set up a new fund to help vulnerable citizens most affected by energy and transport poverty. Negotiators agreed to...
The European Union will raise an extra 20 billion euros from its carbon market for investments to help end more swiftly the bloc’s reliance on Russian fossil fuels, under a...
The European Union is hoping to reach a deal late on Monday to impose a carbon dioxide tariff on imports of polluting goods such as steel and cement, a scheme...
The European Investment Bank (EIB), the bank of the European Union, will lend €790 million to the Czech energy utility company ČEZ. The loan will fund the expansion of the national...
The European Commission together with industrial actors, research institutes, associations and other relevant parties launched the European Solar PV Industry Alliance. The alliance will help mitigating supply risk by securing diversification...
The Council and the European Parliament reached a provisional political agreement on the revision of the EU emissions trading system (EU ETS) rules applying to the aviation sector. The agreement...
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 all five Polish Operational Programmes with Territorial Just Transition Plans (TJTPs). These TJTPs are worth more than €3.85 billion under the Just Transition Fund (JTF) to support a just...
While emissions of methane across the European Union have decreased over past years, the overall reduction in emissions needs to accelerate to meet 2030 and 2050 EU climate objectives. Increased...
The European Union will set out measures this week to clean up the packaging industry, from coffee pods to single-use plastic bottles, in an effort to reduce waste. The regulations...
EU energy ministers agreed on the content of a Council regulation laying down a temporary framework to accelerate the permit-granting process and the deployment of renewable energy projects. The regulation...
By July 2026, all big publicly listed companies in the EU will have to take measures to increase women’s presence at their helm. The adoption of the so-called “Women on...
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...
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