Markets & Corporate

Covid-19: Businesses urge Commission to ramp up climate-friendly recovery

Heads of firms as diverse as Coca Cola and Deutsche Bank have urged the European Commission and government leaders to agree a 2030 greenhouse gas emissions target at least 55% below 1990 levels, on... Read more

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Politics & Law

Covid-19: EU leads world on green stimulus spending

The EU is vastly outspending other global powers in its plans for a ‘green recovery’ from the coronavirus crisis, with a new report finding around 20% of the money pledged so far by the bloc will go towards climate and environmental protection

Markets & Corporate

Portuguese Covid-19 recovery blueprint ‘stuck in economics of last century’

The blueprint for Portugal’s post-Covid economic recovery plan “recognises the need for deep decarbonisation and to tackle issues like the monoculture of tourism but its rationale remains stuck in the economics of the last century”, the environmental NGO Zero said last week

Waste

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

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

Land

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’

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