Markets & Corporate

France, the UK and a number of eastern European countries have blocked a provisional agreement on establishing a taxonomy for green financial products, with a disagreement over the status of nuclear energy emerging as a key stumbling block

Talks on global rules for carbon markets have seen some progress at COP25 in Madrid, but the latest texts still contain all the 'contentious and potentially harmful' options as the negotiations move to the ministerial level, an advocacy group has said

EU finance ministers on Thursday set climate action as a regular item for future discussions, while negotiators from the Council and Parliament reached an agreement on the EU's taxonomy of sustainable investments

UN climate talks in Madrid are expected today to publish draft rules for international carbon trading, but much more negotiation will be required if the EU’s conditions on upholding the environmental integrity of the Paris Agreement are to be met

EU policymakers must reform public procurement rules, strengthen research and development, and secure industry’s access to alternative energy and feedstocks if high-emitting sectors are to help the bloc reach carbon neutrality by 2050