“The European Green Deal remains our guiding blueprint for sustainability. Despite the obstacles we face—political, practical, and external—we must remain steadfast in our resolve. These challenges should inspire us to accelerate the green transition, not delay it” – EU Commissioner Jessika Roswall.
“It has been a difficult journey, but we’ve delivered a deal” – UN Climate Change Executive Secretary Simon Stiell at the closing of the UN Climate Change Conference (COP29) in Baku, Azerbaijan, on 24 November 2024.
With a central focus on climate finance, COP29 brought together nearly 200 countries in Baku, Azerbaijan, and reached a breakthrough agreement that will: Triple finance to developing countries, from the previous goal of USD 100 billion annually, to USD 300 billion annually by 2035. Secure efforts of all actors to work together to scale up finance to developing countries, from public and private sources, to the amount of USD 1.3
Heads of UN agencies endorsed South-South cooperation and inter-agency collaboration as critical for climate action at a High-level Forum on this topic hosted by China at the 29th UN Climate Change Conference (COP29).
The EU Commission has approved a €578 million (RON 2.9 billion) Romanian state aid scheme to lower an electricity levy rate for energy-intensive companies. The levy is intended to promote electricity from renewable energy sources. The scheme aims at mitigating the risk that, due to this levy, energy-intensive companies may relocate their activities to locations outside the EU with less ambitious climate policies.
As intense round-the-clock COP29 climate talks enter their final stretch in Baku, delegates are eagerly awaiting updates on the progress of negotiations regarding a new climate finance target. Meanwhile, high-level discussions also continued, with a focus on key issues such as urbanization, transport, and tourism.
Zwei Käufer von Mercedes-Dieselfahrzeugen haben die Mercedes Benz-AG vor dem Landgericht Duisburg auf Schadensersatz verklagt, weil die Fahrzeuge mit unionsrechtlich unzulässigen Einrichtungen ausgerüstet seien. Das Landgericht Duisburg hat dem Gerichtshof in diesem Zusammenhang eine Reihe von Fragen vorgelegt. Was beantragt EU-Generalanwalt Rantos?
Several German ministries launched a joint Call of the International Climate Initiative (IKI) at the Climate Change Conference in Baku. The IKI is looking for ambitious and innovative project ideas from around the world to combat the climate crisis and protect biodiversity in developing countries and emerging economies.
ACER’s first hydrogen monitoring report highlights that, despite ambitious EU strategies, hydrogen projects face risks from uncertainties of future hydrogen demand and high costs.
The EU Council gave the final green light to a regulation establishing the first EU-level certification framework for permanent carbon removals, carbon farming, and carbon storage in products. This voluntary framework will facilitate and encourage high-quality carbon removal and soil emission reduction activities in the EU, as a complement to sustained emission reductions.
Last year, Europe, the Middle East and Africa suffered some of the worst wildfires since 2000. According to the Forest Fires 2023 report, published today by the Commission’s Joint Research Centre, wildfires affected over 500,000 hectares of natural lands, roughly half the size of the island of Cyprus.
The EU Commission has today adopted the Carbon Market Report, which analyses and presents the functioning of the EU Emissions Trading System (EU ETS) in 2023 and the first half of 2024.
“Closing the Gaps in Earth Observation: At COP29, the UN’s Subsidiary Body for Scientific and Technological Advice (SBSTA) underscores the critical role of Earth observations and long-term data records in tackling climate change. The World Meteorological Organization (WMO) leads the charge—discover why filling these gaps is more urgent than ever!”
In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq), a 2.6% decrease compared with the same quarter of 2023 (812 million tonnes of CO2-equivalents). Meanwhile, the EU’s gross domestic product (GDP) registered a 1.0% increase in the second quarter of 2024, compared with the same quarter of 2023.
As COP29 climate talks in Baku enter their final week, the UN climate chief told negotiators on Monday to “cut the theatrics,” get down to business and hammer out a new finance deal to compensate countries for climate-driven damages and pay for a clean-energy transition.
“In the EU, we are planning an ambitious NDC, in line with the 1.5C goal. We are on the right track in Europe. The EU reduced its greenhouse gas emissions by over 8% in 2023, which is one of our largest cuts ever. We need and we will continue to keep the pace” – EU Commissioner Wopke Hoekstra at the COP29 in Baku.
Today, the EU Commission, Spain, Lithuania and Austria are announcing new financial support for the development of renewable hydrogen via the Innovation Fund. The three Member States will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on 3 December.
On the eve of the G20 Summit, European Commission President Ursula von der Leyen and South African President Cyril Ramaphosa launched the global campaign ‘Scaling up Renewables in Africa’ during Global Citizen NOW.
An EU Parliament delegation arrives in Baku today to participate in the COP29 climate change conference, which aims to define a new collective goal for financing climate action.
“I am delighted to hear that civil society organisations are mobilising across Europe to launch the European Civil Society Observatory on Methane Emissions, an essential mechanism to monitor and advocate for methane emissions reductions” – EU Commissioner Kadri Simson.
The EU Commission has approved a €790 million (approximately RON 3.9 billion) Romanian state aid measure to cover exceptional costs arising from the closure of the four uncompetitive coal mines of Lonea, Lupeni, Livezeni and Vulcan in the Jiu Valley.
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