The European Commission has proposed to the European Parliament and the Council an aid of €945 million from the EU Solidarity Fund (EUSF) to Spain to support the recovery from the destructive ‘DANA floods’ of October 2024 in Valencia. In addition, the Commission has approved the reallocation of €645 million from Spain’s cohesion policy funds via […]
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Tackling water challenges by combining expertise
Artificial intelligence-based environmental monitoring tools that strengthen water management capabilities could bring benefits to many regions. Surface water systems, such as rivers, lakes and reservoirs, are under increasing pressure due to climate change, pollution and overuse. In many regions of the world, especially those with limited monitoring infrastructure, there is a lack of timely, reliable […]
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Commission clears acquisition of Itínere by Swiss Life and APG
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Itínere Infraestructuras, S.A. (“Itínere”) of Spain by Swiss Life Holding AG (“Swiss Life”) of Switzerland and APG Asset Management N.V. (“APG”) of the Netherlands. The operation mainly concerns the management and operation of toll concessions. The Commission has concluded […]
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Commission launches consultation on simplification of environmental legislation
On 22 July the Commission launched a call for evidence to gather views on how to simplify environmental legislation, to reduce bureaucracy while maintaining and better achieving the EU’s environmental objectives of this legislation. The forthcoming omnibus environmental proposal will present measures to simplify legislation in areas such as the circular economy, industrial emissions and […]
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Commission issues guidance on sustainability deal to cut CO₂ emissions in EU ports
The European Commission has issued informal guidance on the compatibility with EU competition rules of a sustainability agreement for the joint purchasing and the setting of technical specifications for electric container-handling equipment used in ports. This would accelerate the shift from diesel to electric equipment in EU ports, contributing to reducing CO2 emissions. This informal guidance […]
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EU sets new methodology to clarify rules for low-carbon hydrogen and fuels
Last July 8, the European Commission reaffirms its commitment to supporting the development of a hydrogen market by introducing a comprehensive greenhouse gas emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive. This methodology complements the existing ones on renewable hydrogen and renewable fuels of non-biological origin (RFNBOs), completing […]
Read MoreCommission to cut EU Taxonomy red tape for companies
The European Commission has adopted a set of measures to simplify the application of EU Taxonomy. This will reduce the administrative burden for EU companies, thus enhancing EU competitiveness while preserving core climate and environmental goals. The Taxonomy Regulation entered into force in 2020, and its reporting requirements apply since 2022. By providing a common sustainability reference point for […]
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Key actions launched to advance the circular economy
Last July 2, the Commission launched several initiatives to accelerate the EU’s transition to a circular economy and prepare the ground for the Circular Economy Act, expected in 2026. Circular economy enhances competitiveness and economic growth by promoting the reuse, recycling and remanufacturing of materials. The forthcoming Act will support the EU’s goals under the Competitiveness Compass and the Clean […]
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Europeans view climate action as a priority and support energy independence
A large majority of Europeans believe climate change is a serious problem (85%), according to a new Eurobarometer survey published last June 30. Among those surveyed, 8 in 10 (81%) support the EU-wide goal of reaching climate neutrality by 2050. From an economic perspective, more than three quarters (77%) of Europeans agree that the cost of damage due to climate change is much higher […]
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