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 […]
Clean Industrial Pact must reconcile competitiveness and climate action
The Industrial Decarbonisation Bank and the Affordable Energy Action Plan are crucial for the competitiveness and resilience of European industry, says the EP. The resolution adopted by the plenary on Thursday is a response to the European Commission’s Clean Industrial Pact Plan. It stresses the need to combine climate action with industrial competitiveness. It also […]
European Commission and EIB strengthen support for Innovation Fund decarbonisation initiatives
The European Commission and the European Investment Bank (EIB) have signed an agreement renewing Project Development Assistance (PDA) under the Innovation Fund to increase technical and financial advisory support for innovative decarbonisation projects that are either not selected via the Fund or are preparing to apply. The renewed PDA agreement aligns with the EU’s Clean Industrial Deal, which […]
Focus on Green Transition and Local Leadership at EU Enlargement Day
Decentralisation and the transition towards a greener, more sustainable economy were centre-stage at the Enlargement Day conference held by the European Committee of the Regions on 27-28 May – the European Union’s largest event of the year dedicated to EU enlargement from a local and regional perspective. The two topics – sustainable development and decentralisation […]
EU to work towards agreement on pending decisions at biodiversity COP16 in Rome
Europe is pushing for a deal on resource mobilisation, the monitoring framework, and the procedures for reviewing implementation. Parties will gather in Rome on Tuesday as negotiations resume under the 16th Conference of the Parties to the Convention on Biological Diversity (CBD COP16), to agree on crucial issues for the implementation of the historic Kunming-Montreal […]
Indicating the way forward for sustainable European aviation
A new report on the European aviation sector’s environmental performance sets out measures on how to reduce aviation’s impact on climate change, noise and air quality, and ensure Europe meets its goal of climate-neutrality by 2050. In particular, the report recommends focusing on measures such as increasing the use of sustainable aviation fuels, making the […]
EU secures agreement on carbon market rules and new climate finance goal
At the COP29 UN Climate Change Conference in Baku, the European Commission and EU Member States took the lead in brokering a deal to align global financial flows with the objectives of the Paris Agreement. Through the adoption of a New Collective Quantified Goal (NCQG) for Climate Finance, the EU successfully broadened the global contributor base for climate […]
COP29: EP calls for all countries to pay for climate action
Parliament on Thursday adopted its demands for COP29, which is to set a new collective target for climate action financing. With 429 votes in favour, 183 against and 24 abstentions, the House calls on all countries to agree on a new collective target on climate finance after 2025. MEPs want it to be based on […]
EU launches roadmap with partners at COP29 to reach the goal of reducing methane emissions by at least 30% by 2030
At COP29 in Baku, the European Commission has launched a new roadmap for a methane reduction partnership to further accelerate the reduction of methane emissions associated with fossil energy production and consumption, in collaboration with partner countries, the International Energy Agency and a number of non-governmental organisations (NGOs). This new roadmap provides a blueprint for […]