The European Investment Bank (EIB), the world’s largest multilateral public bank, and Banco Santander (Brasil), the largest foreign bank in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a […]
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European Parliament approves law on sustainable marine fuels
MEPs adopted new rules on cleaner maritime fuels. During the negotiations with Council, they ensured that ships will have to gradually reduce greenhouse gas (GHG) emissions by cutting the amount of GHG in the energy they use (below 2020 level) by 2% as of 2025 to 80% as of 2050. This would apply to ships […]
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MEPs approve rules to encourage more alternative fuel stations for cars and lorries
MEPs approved new rules on more alternative fuel stations for cars and trucks, simple and easy recharging. The new rules are part of the “Fit for 55 in 2030 package”, the EU’s plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, and aim to decarbonise transport. More easy […]
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Eurobarometer: Europeans show more optimism regarding economy
The latest Standard Eurobarometer survey conducted in June 2023 and published yesterday shows that EU citizens continue to back overwhelmingly the energy transition and to expect massive investment in renewables. They continue to widely approve measures taken by the EU to support Ukraine and the Ukrainian people. They also support stronger EU defence cooperation and increased […]
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Council adopts new regulation on batteries and waste batteries
The Council adopted a new regulation that strengthens sustainability rules for batteries and waste batteries. The regulation will regulate the entire life cycle of batteries – from production to reuse and recycling – and ensure that they are safe, sustainable and competitive. The regulation of the European Parliament and the Council will apply to all batteries including […]
Read MoreAgreement within the International Maritime Organization for the reduction of greenhouse gas emissions from ships
The Commission welcomes the agreement reached at the International Maritime Organization (IMO) to revise its 2018 strategy on reducing greenhouse gas (GHG) emissions from ships. The agreement is a milestone to cut the carbon footprint of international maritime transport and ensure that the shipping sector makes a fair contribution to achieving the Paris Agreement targets, […]
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Commission approves €350 million Spanish scheme for developing electricity storage facilities
The European Commission has approved, under EU State aid rules, a €350 million Spanish scheme, made available through the Recovery and Resilience Facility (‘RRF’), to support the construction and operation of electricity storage facilities. The measure contributes to achievement of the European Green Deal targets, while helping to reduce dependence on Russian fossil fuels and fast forward […]
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2023 Strategic Foresight Report
The European Commission presented the 2023 Strategic Foresight Report, which analyses how to put ‘sustainability and people’s wellbeing at the heart of Europe’s Open Strategic Autonomy’ and suggests ten concrete actions to achieve this aim. The EU is engaged in a profound and ambitious transition to achieve climate neutrality and sustainability in the next few […]
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The Commission is proposing rules to make producers responsible for the full lifecycle of textile products
The 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 development of the separate collection, sorting, reuse and recycling sector for textiles in the EU, in line with the EU Strategy for Sustainable and Circular Textiles. Increasing the […]
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