jurisdiction: EU

EU
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...
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Energy, EU
February 21, 2023

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...
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Policy & Regulation
February 16, 2023

EU looks to fine three member states over failure to incorporate climate directive

The European Commission has referred Croatia, Hungary and Portugal to the Court of Justice of the European Union. The European Commission has asked to impose...
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Policy & Regulation
February 15, 2023

EU tightens definition of renewable hydrogen

New rules seek to provide regulatory certainty to investors but have raised questions over the treatment of nuclear power as a suitable energy source to...
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Policy & Regulation
February 15, 2023

EU sets emissions targets for heavy-duty vehicles

European Commission sets 90 per cent emissions reduction goal for heavy-duty vehicles, citing health and economic opportunities. The EU is “providing [clean energy] industries with...
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Policy & Regulation
February 1, 2023

New rules must guard against ‘green-bleaching’, warns Esma stakeholder group

Investment firms’ recent downgrading of many Article 9 funds to Article 8 status is amplifying the debate on how regulators combat greenwashing. A stakeholder group...
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EU
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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Policy & Regulation
January 30, 2023

Explainer: MEPs vote on bank ESG disclosures and ‘one-for-one’ rule

MEPs back ESG risk disclosures for banks but fail to support a rule requiring them to finance new fossil fuel activities solely from their own capital.  Members of the European...
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Policy & Regulation
January 26, 2023

Environmental law NGO calls for ban on carbon offsets marketing

ClientEarth is calling for the proposed EU anti-greenwashing directive to introduce a ban on companies using “carbon offsetting” as a marketing term. Non-profit ClientEarth is calling for a ban on...
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Policy & Regulation
January 25, 2023

Trade body criticises ‘dangerous’ European electricity market proposals

Eurelectric, the federation of Europe’s electricity industry, says the reforms are rushed and the European Commission proposals do not take a long-term view. Pressure on energy supplies caused by the...
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Policy & Regulation
January 24, 2023

Will NGOs’ alternative EU green taxonomy influence investment?

Non-governmental organisations dissatisfied with the European Commission’s inclusion of gas and nuclear in its sustainable finance tool have published their own taxonomy. The EU green taxonomy was supposed to make...
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