EU Parliament approves second von der Leyen Commission, with refocused Green Deal
The second European Commission headed by Ursula von der Leyen received the green light from the European Parliament on Wednesday, opening a new five-year policy cycle in Brussels that is expected to refocus the EU’s climate agenda on strengthening Europe’s industrial competitiveness.
Read MoreParliament to vote on new European Commission amid persisting political tensions
The Greens in the European Parliament decided by a slim majority to approve the new team of EU commissioners led by Ursula von der Leyen during a confirmation vote scheduled on Wednesday, paving the way for the new European Commission to take office on Dec. 1 for a five-year mandate.
Read MoreIndirect emissions linked to EU power distribution can be fixed -report
Most of the greenhouse gas emissions from distribution system operators (DSOs) across Europe come from indirect and preventable sources, according to a study published Tuesday.
Read MoreCOP29: Baku closes with frustration over new $300 bln climate finance goal, omission of fossil fuels
Wealthy countries will aim to shore up $300 billion per year of climate finance by 2035, as the core part of a global annual economy-wide target of $1.3 trillion, under a contentious agreement struck early Sunday morning at the close of COP29.
Read MoreCOP29: Countries clinch Article 6 deal in momentous win for international carbon markets
Negotiators from nearly 200 countries have reached a historic agreement on international carbon markets at COP29, in a decision that finally concludes the rules governing the trading and crediting of mitigation outcomes under Article 6 of the Paris Agreement.
Read MoreCOP29: Countries on cusp of historic Article 6 deal in Baku as final texts land
Negotiators from nearly 200 countries could be on the verge of a historic agreement on international carbon markets at COP29, after presidency proposal texts were published late on Friday and multiple sources said that consensus may now be present on the key outstanding technicalities of international carbon trade under Article 6.
Read MoreCOP29: New climate finance goal proposal offers $250 bln by 2035
A new climate finance goal of $250 billion by 2035 was proposed in a draft presidency text published on Friday at COP29, falling well below the $1.3 trillion figure requested by developing nations, while provisions that would encourage carbon markets were deleted.
Read MoreCOP29: North-South alliance with Group of Negative Emitters launched
An alliance of carbon neutral likeminded nations keeps growing at the COP29 UN climate summit, as the group brought the Global North and South together on Thursday.
Read MoreCOP29: ‘Empty place-holder’ – Countries under pressure to set climate finance goal, amid worry and dismay
The COP29 global climate summit enters its last day on Friday amid widespread frustration surrounding negotiations over a new global climate finance target, as a headline sum is yet to emerge.
Read MoreCOP29: Oil companies lobbying at climate negotiations tied to 17 mln deaths since Paris, NGO says
Fossil fuel companies that have sent lobbyists to COP summits produced enough oil and gas since the 2015 Paris Agreement to cause 17 million heat deaths, according to new analysis released on Thursday.
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