Markets & Corporate

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

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’

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

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

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