The European Commission has approved a Spanish scheme worth €408 million to support the decarbonisation of the manufacturing industry, in line with the objectives of the Clean Industry Pact. This measure, which will contribute to the transition towards a zero net emission economy, is financed under the Recovery and Resilience Mechanism. The scheme has been […]
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EU becomes major Green Bond issuer
The EU has become one of the largest issuers of green bonds in the world, according to the 2025 edition of the NextGenerationEU (NGEU) Green Bonds Annual Allocation and Impact Report, published last December 9. It shows that, a total of €78.5 billion worth of NextGenerationEU Green Bonds have been issued to date, which will […]
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EU secures an agreement on a global response to keep the 1.5C limit within reach
The European Union stood united for strong climate action and the Paris Agreement goals at the COP30 UN Climate Change Conference in the heart of the Amazonas. While aiming for more ambition, EU negotiators worked with partners to secure an agreement that recognises the need to keep the 1.5C limit of global average temperatures within reach, and to transition away from fossil fuels. […]
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Parliament backs 90% reduction in EU emissions by 2040
Parliament wants to reduce pollutant emissions by 90% by 2040, compared to 1990, in order to move towards climate neutrality in the EU by 2050. The plenary took a position on Thursday on the Commission’s proposal amending the EU’s climate law and setting new binding interim climate targets for 2040, including a 90% reduction in […]
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EU supports the clean transition with over €358 million of investment in 132 new projects across Europe
The Commission has granted more than €358 million to 132 new projects across Europe under the LIFE Programme for environment and climate action. The allocated amount represents more than half of the €536 million total investment needs for these projects – the remainder coming from national, regional and local governments, public-private partnerships, businesses, and civil society organisations. LIFE […]
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EU is progressing towards its 2030 climate and energy goals while tackling high energy prices, State of the Energy Union Report 2025 shows
On November 6th, the Commission published the State of the Energy Union Report 2025 and the accompanying Climate Action Progress Report 2025. They show the significant strides the EU has made in transitioning to a robust and integrated Energy Union by progressing on the clean energy transition with more renewables, addressing high and volatile energy prices and affordability, and further reducing greenhouse gas (GHG) […]
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EU aims to advance global clean transition and implementation of the Paris Agreement at UN’s COP30
At the COP30 UN Climate Change Conference in Belém, Brazil, from 10-21 November, the European Union will reaffirm its strong commitment to climate action. The EU is dedicated to paving the way toward a global transition that is clean, fair, and resilient. This transition aims to provide clean and affordable energy, create business opportunities, stimulate growth, enhance […]
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EU’s new strategy to shape a global clean and resilient transition
The Commission and the High Representative have presented last October 16 an international strategy for securing Europe’s place in global markets. The new EU global climate and energy vision presents the EU’s offer to the world: using diplomacy to protect our core interests, promoting standards for a fair transition by assisting our partners to develop theirs, and […]
Read MoreNext Generation EU drives sustainable growth across the EU
As the Recovery and Resilience Facility (RRF) approaches its 2026 deadline, it continues to drive positive reforms and investments across the EU. As a cornerstone of NextGenerationEU, the RRF has already disbursed €367 billion across Member States, contributing to key objectives such as economic and social resilience, and the green and digital transitions. Today, the Commission presents its fourth […]
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