Tag: deforestation (3 articles)

Regulation   |   19 April, 2023 at 5:04 PM

EP adopts new law to fight global deforestation

The European Parliament adopts new law to fight global deforestation. An area larger than the EU was lost to deforestation between 1990 and 2020, with EU consumption causing around 10% of losses. The new law is the key to the fight against climate change and biodiversity loss.

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Industry

EC approves €400 million for Spanish hydrogen scheme

The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank's "Auctions-as-a-Service" tool for the auction closing in 2025.