Markets & Corporate

Ombudsman slams EU executive over BlackRock contract

The European Commission has come under fire for ignoring a potential conflict of interest when it engaged US asset management firm BlackRock to produce a study on integrating environmental, social... Read more

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Markets & Corporate

Greening power sector drives 9% fall in ETS emissions

A collapse in carbon-intensive power generation pushed emissions covered by the EU’s cap-and-trade carbon market down by 9% last year, the European Commission has said.

Climate

EIB adopts trillion-euro ‘roadmap’ for clean investment

The European Investment Bank has signed off on plans to double its investment projects addressing climate change and the environment by 2025, as part of a pledge to become the EU’s ‘climate bank’.

Markets & Corporate

Covid pandemic accelerates demise of European coal

The coal industry in Europe has taken a battering during the coronavirus pandemic, with a market report showing lignite production down by a third in the first half of 2020.

Land

Invest in nature to stop next pandemic, says German minister

More pandemics of diseases present in wild animals will follow if biodiversity loss is not halted, said German environment minister Svenja Schulze as she launched a report from the Intergovernmental Platform on Biodiversity and Ecosystem Services last week.

Energy

MEPs call for EU to withdraw from Energy Charter Treaty if renegotiations fail

Members of the European Parliament have called on the European Commission to withdraw from the ‘outdated’ Energy Charter Treaty if talks to reform it fail to bring it in line with the Paris Agreement.

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