Brussels responds to EU’s first climate risk report with new resilience plan

Published 17:45 on March 12, 2024  /  Last updated at 17:47 on March 12, 2024  / /  Biodiversity, Climate Talks, EMEA, EU ETS

The European Commission outlined plans on Tuesday for the 27-nation bloc to better anticipate and manage extreme weather events following the publication the day before of the EU’s first-ever EU Climate Risk Assessment Report.

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Parliament passes energy-cutting law for buildings, ahead of EU ETS inclusion

Published 15:54 on March 12, 2024  /  Last updated at 16:18 on March 12, 2024  / /  EMEA, EU ETS

The European Parliament approved new measures to boost the energy performance of buildings across the EU on Tuesday, in an attempt to decarbonise the sector before it enters the EU Emissions Trading System (ETS).

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Europe unprepared to face climate risks -report

Published 23:01 on March 10, 2024  /  Last updated at 11:59 on March 12, 2024  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International

Europe is not prepared for all the climate risks it will face in the coming years, despite being the fastest-warming continent in the world, according to the first-ever EU Climate Risk Assessment Report published on Monday by the European Environment Agency (EEA).

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FEATURE: EU testing the waters on ETS3 for agriculture

Published 11:09 on March 8, 2024  /  Last updated at 17:24 on June 9, 2024  / /  Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS

The European Union is testing the waters on the possibility of creating a new ETS for agriculture, or revising its existing carbon market rules, in an effort to tackle emissions from a politically-sensitive sector that has seen farmers take to the streets in recent weeks to protest against EU bureaucracy.

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Italian court fails to intervene in civil society’s climate litigation

Published 13:50 on March 6, 2024  /  Last updated at 13:50 on March 6, 2024  / /  Climate Talks, EMEA, EU ETS

A court in Rome decided on Wednesday not to intervene in a case presented by the civil society against the Italian state claiming that the country’s climate policies are insufficient to achieve its national goals.

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Growing amount of research shows EU can reach its heat pump targets with right policy -report

Published 23:01 on March 5, 2024  /  Last updated at 15:17 on March 5, 2024  / /  EMEA, EU ETS

The outlook for heat pumps in the EU has received a boost in the past week, with new studies finding that high-temperature heat pumps can be used in un-renovated buildings, and that the bloc could hit and exceed its target to install 30 million heat pumps by 2030 with the right policy and support.

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EU breaks deadlock on Energy Charter Treaty exit

Published 18:03 on March 1, 2024  /  Last updated at 08:58 on March 2, 2024  / /  Climate Talks, EMEA, EU ETS, International

The EU has broken the deadlock on its plans for a coordinated withdrawal from the Energy Charter Treaty (ECT), an international trade agreement denounced by climate activists for protecting fossil fuel investments and hampering the transition to net-zero emissions.

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EU nations should look at broader climate solutions to bridge the gap towards targets, experts say

Published 19:38 on February 28, 2024  /  Last updated at 19:59 on February 28, 2024  / /  Climate Talks, EMEA, EU ETS

EU countries should explore a wide variety of technological solutions to achieve the bloc’s target to cut emissions by at least 55% by 2030 compared to 1990 levels, experts suggested on Wednesday.

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EU countries fail to reach a deal on corporate due diligence bill

Published 15:36 on February 28, 2024  /  Last updated at 15:36 on February 28, 2024  / /  EMEA, EU ETS

European ambassadors failed to reach an agreement on a bill setting due diligence rules for large companies, including an obligation to adopt Paris Agreement-aligned climate plans, leaving their meeting on Wednesday open-ended after a month-long stall.

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EU lawmakers warn against war budget taking money off clean industries

Published 19:49 on February 27, 2024  /  Last updated at 19:49 on February 27, 2024  / /  EMEA, International

The European Parliament approved on Tuesday a revision of the bloc’s long-term budget, with some lawmakers warning the European Commission against an excessive deployment of capital to support Ukraine that would leave a shortage of funding for industrial decarbonisation.

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