A massive scale-up of markets for transformative near-zero emissions steel and cement is needed to achieve internationally agreed net zero goals. Yet early movers on both the supply- and demand-side – that is, material producers and consumers – face substantial barriers related to high costs and risks, among other factors.
The latest agreement focuses particularly on the new monitoring, reporting and verification of non-CO2 aviation effects on climate change as part of the Emission Trading System (ETS) Directive.
The discussion will help to prepare targeted initiatives to enhance the sector’s competitiveness, modernisation as well as support production and innovation across Europe, while ensuring a high level of protection of human health and the environment.
“The world is undoubtedly facing uncertain times. But let us remember that UNEP and its Member States have, since 1972, carved out a long history of environmental action that saves lives and strengthens economies. I have no doubt that, together, we will weather this moment and emerge even stronger” – Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP).
The German scheme is aimed at helping the industry reduce carbon dioxide (‘CO2′) emissions in their production processes thanks to technologies such as electrification, hydrogen, carbon capture and storage (‘CCS’), carbon capture and use (‘CCU’), and energy efficiency measures.
The clear signs of human-induced climate change reached new heights in 2024, with some of the consequences being irreversible over hundreds if not thousands of years, according to a new report from the World Meteorological Organization (WMO), which also underlined the massive economic and social upheavals from extreme weather.
The EU power sector strongly believes the EU Carbon Border Adjustment Mechanism (CBAM) can encourage third countries to cut carbon emissions while protecting local industries from cheap carbon intensive imports. Yet, a few rules in the regulation’s current transition phase risk impacting electricity markets, trade flows, and prices.
A growing number of countries are working to decarbonize buildings, but sluggish progress and financing puts global climate goals at risk. These are the key findings of an annual review of the buildings and construction sector, published by the UN Environment Programme (UNEP) and the Global Alliance for Buildings and Construction (GlobalABC).
“Our priority is the New Pact for the Mediterranean. The aim is to boost the cooperation between the European Union and our partner countries. We want to build on shared aspirations and explore opportunities for mutual gains – together and in consultation with our southern partners and stakeholders” – EU Commissioner Dubravka Šuica.
Proven CO₂ reductions in the Global South should be rewarded with massive public grants – which would be highly profitable for donor countries due to avoided climate damage. This is the message of an article published today in the top journal Nature, co-authored by Ottmar Edenhofer and Johan Rockström, scientific directors of the Potsdam Institute for Climate Impact Research (PIK).
EU Commission President Ursula von der Leyen and European Council President António Costa take part in the EU-South Africa Summit in Cape Town to strengthen Europe’s strategic partnership with the country. During the Summit, Europe and South Africa agreed to start talks on a new generation of trade deals — a Clean Trade and Investment Partnership.
Building on its work in four Member States, LIFE SITRANS recently launched JETO (Just Energy Transition Observatory), a ground-breaking digital platform which combines advanced data visualisation, analysis and collaborative tools to address the complex challenges of decarbonisation, socio-economic resilience, and effective governance within Europe’s energy landscape.
Industry and internal market ministers exchanged views on four issues: competitiveness of European industry, the future of the single market, the simplification omnibuses and the EU industry in the context of carbon border adjustment mechanism.
In this 4th Environmental Performance Review of Sweden, the OECD provides an evidence-based assessment of the country’s progress towards its environmental goals in the last decade. Learn more about the OCED’s 28 recommendations that aim to help Sweden improve its environmental performance, giving special focus to climate change mitigation and negative emissions promotion.
U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin notified National Clean Investment Fund and Clean Communities Investment Accelerator recipients of the termination of their grant agreements under the Biden-Harris Administration’s $20 billion “gold bar” scheme.
The European Investment Bank (EIB) and the State Bank of Vietnam (SBV) have committed to deepening their cooperation on sustainable finance through technical assistance under the EIB’s Greening Financial Systems (GFS) programme.
U.S. Secretary of Energy Chris Wright delivered remarks today at the 43rd annual CERAWeek by S&P Global, outlining the administration’s and Energy Department’s commitment to expanding the production of affordable, reliable and secure U.S. American energy. Learn more about his priorities in climate and energy policies.
The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank’s “Auctions-as-a-Service” tool for the auction closing in 2025.
The European Commission has approved a €279 million Czech scheme to support investments in electricity storage facilities to foster the transition towards a net-zero economy. The scheme contributes to the priorities of the EU Commission for 2024-2029, which call for investments in clean energy and technologies.
Clean Hydrogen Partnership stakeholders are invited to actively participate in the public consultation, making a strong case for continued and increased investment in hydrogen technologies and regional hydrogen ecosystems.
Sustainable e-Fuel production pioneer INERATEC today formally agreed a €40 million venture debt loan with the European Investment Bank (EIB) and €30 million grant with Breakthrough Energy Catalyst. The combined €70 million backing will finance construction of Europe`s largest sustainable e-Fuel production plant in Frankfurt and e-Fuel research and development of future, key steps in decarbonising aviation.
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