Industry group warns ‘plastics tax’ could backfire after government deal

Industry group warns ‘plastics tax’ could backfire after government deal

A levy on plastic waste designed to encourage recycling could have the opposite effect, a Brussels-based trade association representing processing firms has warned

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Markets & Corporate

Commission sets anti-greenwashing criteria for low-carbon benchmarks

Low-carbon benchmarks that help investors identify assets aligned with the aims of the European Green Deal should exclude the fossil fuels sector, according to new rules published by the European Commission on Friday


Europe must use trade might to tackle illegal deforestation abroad, say scientists

Around 20% of Brazil’s soy exports and 17% of its beef exports to the EU could be ‘contaminated’ by illegal deforestation, according to a study that calls for Europe to use its trade might to help roll back the ‘tragic dismantling of Brazil’s environmental protection’

Politics & Law

MEPs demand Merkel ‘match words with action’ over green recovery

Access to a multi-billion euro EU recovery fund should be tied to governments’ commitment to achieving climate neutrality by 2050 and contributing to meeting a tougher 2030 emissions reduction target, a cross-party group from the European Parliament's environment committee have told German chancellor Angela Merkel

Markets & Corporate

Timmermans sees green recovery, despite shifting political priorities

Spending via the EU executive’s multi-billion euro Covid-19 recovery plan will ensure that the recovery from the pandemic is a sustainable one, despite the prospect of politicians panicking in the face of mass job losses, Frans Timmermans, the European Commission's executive vice-president for the European Green Deal, said yesterday

Politics & Law

Covid-19: Environment ministers back 'green' recovery

It is ‘critical’ that Europe bases its economic recovery on the UN's 2030 Agenda for Sustainable Development, the Paris Agreement, the Aichi biodiversity targets and other environmental principles and international commitments, environment ministers said after an informal EU Council meeting

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