Finance | 20 November, 2024 at 8:16 PM
EU leads the way in green finance
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq).
Starting from 2026, any electronic product introduced to the EU market must be easily repairable, reusable, and recyclable.
The EU and KfW have signed a Guarantee Agreement enabling the financing of additional renewable energy generation capacities and further network development.
The European Commission initiated a third call for proposals totaling €90 million under the European Urban Initiative.
The European Union will require widespread adoption of electric vehicles across its member states to meet ambitious CO2 emission reduction targets.
The European Union will spend €3.5 billion to protect the oceans and promote sustainability through a series of initiatives to be implemented this year.
The European Union has initiated an investigation into Chinese wind turbine companies for subsidies.
This platform will facilitate cooperation concerning critical raw materials (CRMs) crucial for global green and digital transitions.
In March, the European Commission approved a scheme to support onshore wind and photovoltaic solar installations.
The Commission will scrutinize whether certain economic entities gained an unfair advantage in securing public contracts within the EU.
The European Union announced that it cannot afford to restrict the import of photovoltaic panels despite challenges faced by European producers in the industry.
The electric car battery recycling sector in the European Union (EU) will require €9 billion investment to expand capacity by 2035 to keep pace with increased production, according to the “EU recycling market” report by strategy&, PwC's global strategy practice.
From parcels for online purchases to coffee-to-go cups, packaging is almost everywhere.
In 2021, around 131 kilograms (kg) of food per inhabitant have been wasted in the EU, according to Eurostat.
Electric cars will represent almost a fifth of the global market in 2023, according to the report of the International Energy Agency (IEA), dedicated to electric vehicles (EV). Sales of electric vehicles are expected to rise by 35% this year, reaching 14 million units, representing 18% of the market - up from just 4% in 2020.
SPIE Energy Poland announced new projects at a time of major investment in Poland to support the energy transition.
ABB's Smart Buildings Division has announced a strategic collaboration with the World Green Building Council's (WorldGBC) European Regional Network (ERN) to accelerate sustainable and energy-efficient building practices across Europe.
Poland has received €9.4 billion from the EU's National Recovery Plan (NRP) after fulfilling its second and third payment requests.
SolarPower Europe (SPE) forecasts 65.5GW of solar PV additions in the EU for 2024, marking a significant slowdown compared to previous years.
EIB will provide €243 million in financing to leading independent clean wind and solar energy operator ERG Group to promote the development of renewable energy in Italy, France and Germany.
