Europe

March 15, 2023
EU electricity market reform strengthens support for renewables
European Commission plans for tackling the energy crisis and boosting renewables have...
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March 13, 2023
EU urged not to greenwash agriculture
A group of 25 environmental NGOs have written to the European Commission...
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March 9, 2023
What could the EU’s CBAM mean for emerging markets?
The EU mechanism to reduce carbon emissions related to imports could cause...
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March 8, 2023
Female participation in UK finance more than 30% down since 1997
New report highlights women's persistent challenges in reaching senior positions and mirrors...
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March 2, 2023
EU reaches agreement over green bond standard
The proposed European green bond regulation will set out the requirements for...
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EU methane regulation omits fossil fuel imports
A new report finds that EU regulation aimed at reducing methane emissions...
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February 24, 2023
BNP Paribas hit by climate lawsuit in France
Three non-profits are suing BNP Paribas for taking insufficient action to end fossil fuel financing, though the bank insists its strategy of reducing oil and gas exposure is ‘largely on...
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February 22, 2023
EU approves subsidies for ArcelorMittal’s ‘two-speed decarbonisation’
The decision to help the steelmaker to build green hydrogen-powered plants in Europe while it maintains coal-reliant production elsewhere has drawn criticism. The European Commission is permitting the Spanish and...
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February 22, 2023
Including best-in-class planes in EU taxonomy is ‘pure greenwashing’
Non-profit T&E says aircraft manufacturers need to focus their efforts and investments on building zero-emissions planes ‘that are truly green’. The inclusion of “best-in-class” airlines in the EU taxonomy, aimed...
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EU Green Deal Industrial Plan: ‘We were expecting more’
Brussels’ proposals for green industrialisation lack detail and direction, say European businesses – especially compared to the hefty incentives offered by the US government and the country's net zero market...
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February 1, 2023
Materiality assessment in ESG reporting standards needs further guidance, say EU regulators
EU financial regulators and the ECB have submitted their opinions on the first set of sustainability reporting standards, which are due to be adopted in June. The European supervisory authorities...
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