Today, the EU Mission Label was awarded to 20 cities that are part of the EU Mission for Climate-Neutral and Smart Cities, one of the EU Missions under Horizon Europe, the EU’s research and innovation programme. The Label recognises the cities’ plans to achieve climate neutrality by 2030 and aims to facilitate access to public and private funding towards that objective.
Following a first edition in 2021, the EU Delegation brings back the Sustainability Tour, inviting the Chinese public on a virtual trip across China to learn about cooperation between the European Union and China.
Within the policy framework of the European Green Deal, the European Climate Law of 2021 has set an EU-wide, legally binding target of ‘climate neutrality’ or net-zero greenhouse gas (GHG) emissions by 2050. The European Climate Law also enshrines the intermediate climate target of reducing EU net GHG emissions by at least 55 % by 2030, compared to 1990 levels.
Spending allocation on climate projects could be overestimated by €34.5 billion. Not all measures tagged as ‘green’ were confirmed as being so. Finally, there is no full account of the actual sums spent on climate action in EU countries.
On Tuesday, Koen Lenaerts (Belgium) has been re-elected by his peers to serve as President of the Court of Justice of the European Union for the period from 8 October 2024 to 6 October 2027. Furthermore, Thomas von Danwitz (Germany) has been elected Vice-President of the Court until 6 October 2027.
The European Commission has approved the acquisition of sole control of Globus Holding AG of Switzerland by Harng Central Department Store Limited of Thailand. The transaction relates primarily to the retail of non-food products sector.
These are the headlines of our weekly Insight EU Finance Monitoring, published last Saturday. We publish the headlines of our Insight EU Monitoring mails delayed by several days. To receive real-time monitoring emails, subscribe to our annual target group full-text services on the Insight EU Store page.
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of ALLETE Inc. by funds managed by Global Infrastructure Management LLC , both of the US, and Canada Pension Plan Investment Board of Canada.
The EU Commission has approved, under EU State aid rules, amendments to a Slovak scheme to partially compensate energy-intensive companies for the electricity levy financing support to renewable energy production. 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
The European Commission has approved, under EU State aid rules, an amendment to an Italian scheme made available through the Recovery and Resilience Facility (‘RRF’) to support investments in photovoltaic panels in the agricultural sector.
In a letter from Latvia to President-elect Ursula von der Leyen, the Latvian government suggests Valdis Dombrovskis as Latvian Member of the EU Commission.
In a letter from Greece to President-elect Ursula von der Leyen, Greece suggests Apostolos Tzitzikostas as Greek Member of the EU Commission.
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of FGP Topco Limited of the UK, by Ardian France S.A. of France and Qatar Holding LLC of Qatar. FGP Topco Limited owns and manages Heathrow Airport in the UK.
The EU Commission has approved under the EU Merger Regulation the acquisition of sole control of OX2 AB, based in Sweden, by EQT Fund Management S.à r.l., based in Luxembourg. The transaction mainly concerns the sector of renewable energy site development.
The EU Commission has approved the creation of two joint ventures by Eramet S.A., Suez RV France S.A., and The Future Is Neutral, all three based in France. The transaction mainly concerns the sector of recycling of lithium-ion batteries from electric vehicles and residues from the production of these batteries.
The EU Commission has approved the acquisition of joint control of Mekone Parent LLC and its subsidiaries, including Prometheus Group Holdings, by Advent International, L.P.and Genstar Capital Partners LLC, all of the US. The transaction relates primarily to the provision of enterprise resource planning software.
The European Union and Spain provided €15.5 million for the payment of social allowances through the National Cash Transfer Programme. This funding will benefit 27,561 at-risk families in the West Bank, offering them crucial financial support during challenging times.
Today, the EU Mission Label was awarded to 20 cities that are part of the EU Mission for Climate-Neutral and Smart Cities, one of the EU Missions under Horizon Europe, the EU’s research and innovation programme. The Label recognises the cities’ plans to achieve climate neutrality by 2030 and aims to facilitate access to public and private funding towards that objective.
Brussels, 21 May 2024 Ministers held a policy debate on a collaborative approach to coherent implementation of
A new agreement between 10 countries plus the European Union, reached today (21 May) at the AI Seoul Summit, has committed nations to work together to launch an international network to accelerate the advancement of the science of AI safety.
The AI for Good Global Summit 2024 will open in Geneva, Switzerland on 29 May with the UN’s first AI Governance Day to discuss how best to implement principled AI frameworks while ensuring that no country is left behind.
The rules on establishing a European Digital Identity entered into force on Monday. They will pave the way for all EU citizens and residents to benefit from a personal European Digital Identity Wallet in 2026.
UK Deputy Prime Minister, Oliver Dowden, published updated guidance on the use of powers under the National Security and Investment Act (2021) today. How the National Security and Investment Act could affect people or acquisitions outside the UK.
Hybrid Rapid Response Teams are one of the key instruments to support EU member states and partner countries in countering hybrid threats as part of the EU Hybrid Toolbox.
The flagship legislation follows a ‘risk-based’ approach, which means the higher the risk to cause harm to society, the stricter the rules. It is the first of its kind in the world and can set a global standard for AI regulation.
The EU Council decided to suspend the EU broadcasting activities of four additional media outlets, which spread and support the Russian propaganda and war of aggression against Ukraine: Voice of Europe, RIA Novosti, Izvestia and Rossiyskaya Gazeta.
The EU Commission steps up its DSA enforcement actions against Microsoft, following an initial request for information sent on 14 March regarding specific risks stemming from Bing’s Generative AI (GenAI) features, notably “Copilot in Bing” and “Image Creator by Designer”.
The information and communication technology (ICT) sector grew by an average of 6.3% between 2013 and 2023, about three times faster than the total economy across the 27 OECD countries analysed.
Today, the EU Commission published two new Eurobarometer surveys which show increased citizen and business appreciation of the Schengen area, compared to the previous survey in 2018.
“NATO’s character is fundamentally democratic. Always has been and always must continue to be. And today, NATO is better resourced than it ever has been” – U.S. President Biden.
“For us, it is a matter of strategic responsibility. We know, we are fully aware, we are convinced that we have to improve the capacity of our armies, of our defence, in order to be able to defend ourselves. Not as an alternative to NATO – there is no alternative to NATO for the territorial defence of Europe – but to make NATO stronger and to share the burden” – EU HR Borrell.
Fighting the increasing threat of criminal activities globally, Eurojust has signed Working Arrangements with the Prosecution Services of Bolivia, Chile, Costa Rica, Ecuador, and Peru. The new arrangements will make strategic cooperation between these authorities and Eurojust more effective.
Bundeskanzler Olaf Scholz ist zum 75-jährigen Bestehen der Nato nach Washington, D.C. gereist. Sein Pressestatement am Morgen des ersten Gipfeltages finden Sie hier im Wortlaut als Mitschrift der Pressekonferenz.
“Transatlantic defence industrial cooperation is a critical part of NATO’s deterrence and defence. Our defence industry provides us with the equipment we need to fight, strengthens our technological edge, and plays an important role in increasing the readiness and interoperability of our forces” – NATO Industrial Capacity Expansion Pledge.
The NATO Heads of State and Government participating in the meeting of the North Atlantic Council in Washington, D.C. have issued a Washington Summit Declaration on July 10, 2024, adding “Pledge of Long-Term Security Assistance for Ukraine”.
In a conversation with Frederick Kempe, President & CEO of the Atlantic Council, NATO Secretary General Jens Stoltenberg said that Allied leaders will make critical decisions for NATO’s future security, including on deterrence and defence, support to Ukraine and global partnerships.
The EU Commission welcomes the fifth prolongation for another twelve months of the voluntary agreement between 22 European and seven Ukrainian telecommunications operators to ensure that refugees from Ukraine can stay connected across borders.
DigitalEurope’s new report “Europe, a Secure & Digital Powerhouse” is presenting insights on how the EU can use technology to boost Europe’s security.
Türkiye is an active participant in the EU Civil Protection Mechanism and has been a member since 2016. Today’s updated agreement further strengthens the role of Türkiye in the mechanism.
A Russian court sentenced yesterday the director Zhenya Berkovich and playwright Svetlana Petriychuk, to six years in prison for “justifying terrorism” through their award-winning theatre play “Finist, the Brave Falcon”, which actually speaks against terrorism.
The United States will host a NATO Summit in Washington DC on 9-10-11 July 2024. The meetings will be chaired by the NATO Secretary General, and will take place at the Walter E. Washington Convention Center.
Today, the EU Mission Label was awarded to 20 cities that are part of the EU Mission for Climate-Neutral and Smart Cities, one of the EU Missions under Horizon Europe, the EU’s research and innovation programme. The Label recognises the cities’ plans to achieve climate neutrality by 2030 and aims to facilitate access to public and private funding towards that objective.
The new data was recorded in 2022, using fuel consumption monitors installed on-board vehicles first registered in the EU in 2021 and 2022, and reported to the Commission in 2023. Compared to the previous publication, the data for cars now originates from a broader sample of 2.2 million vehicles registered in 2021 and 740 000 vehicles registered in 2022.
The updated EU Directive on industrial and livestock rearing emissions will enter into force on Sunday (4 August), revising the former Industrial Emissions Directive (IED).
On 31 July 2024, the European Commission opened a consultation period for public feedback on a draft delegated act to provide clarity on the inclusion of greenhouse gas emissions from offshore vessels within Regulation (EU) 2015/757 as of 2025.
Sweden and the United States have entered into a new agreement to further the development of new nuclear power. The agreement aims to strengthen cooperation between Sweden and the United States to support the development of new nuclear power.
Bunge and Viterra are both vertically integrated global agribusinesses, active in the origination, trading and processing of agricultural products, with significant overlaps in the sector of oilseeds.
The new Labour Government under Prime Minister Keir Starmer has been in office for less than a month. Yet they have already initiated several significant reforms to accelerate the expansion of onshore and offshore wind.
Current climate policies imply a high risk for tipping of critical Earth system elements, even if temperatures return to below 1.5°C of global warming after a period of overshoot. A new study published in Nature Communications indicates that this risk can be minimised if the warming is swiftly reversed.
Kazakhstan was the first in the region to sign a Memorandum of Understanding with the European Union on Critical Raw Materials. And Critical Raw Materials will be something that will resonate in the future. Oil built the civilisation in which we are living, and raw materials will build the future civilisation.
The European Unionand the European Bank for Reconstruction and Development (EBRD) signed an agreement on a new facility providing equity investments for the exploration for critical and strategic raw materials, aiming to mobilise around €100 million in investments. These raw materials are essential for the EU’s digital and green transitions.
REMIT (Regulation on Wholesale Energy Market Integrity and Transparency) provides an EU framework for the transparency and integrity of energy markets and aims to deter market participants from manipulating the market. It plays an important role in protecting the interests of companies and consumers and ensuring trust in energy markets.
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