As part of the EU External Investment Plan (EIP), which is set to mobilise at least €44 billion of sustainable investment for Africa and the EU Neighbourhood countries by 2020, Climate Action and Energy Commissioner Miguel Arias Cañete has today announced at the 'One Planet Summit' in Paris climate-relevant investments in three targeted areas - sustainable cities, sustainable energy and connectivity and sustainable agriculture, rural entrepreneurs and agribusiness. These targeted areas are expected to generate up to €9bn investments by 2020.
EU consumption of hydrofluorocarbons (HFCs) in 2016 was the lowest in terms of their global warming effect since reporting began in 2007, shows a new report published by the European Environment Agency (EEA) today.
EU Member States represented in the Climate Change Committee today endorsed an amendment to the EU ETS Registry Regulation to implement safeguard measures to protect the environmental integrity of the EU ETS when Union law ceases to apply in the United Kingdom due to its withdrawal from the European Union.
The European Energy Exchange (EEX) today published its 2018 calendars for the auctions of general allowances.
The European Union has received the 2017 Ozone Award for political leadership, for its role in the adoption of the Kigali Amendment to the Montreal Protocol.
The European Commission has adopted its annual report on the functioning of the European carbon market in the context of the third State of the Energy Union report.
The EU and Switzerland today signed an agreement to link their emissions trading systems. The link will allow participants in the EU's Emissions Trading System (EU ETS) to use allowances from the Swiss system for compliance, and vice versa. This is the first agreement of this kind for the EU and between two Parties to the Paris Agreement on climate change.
This year's UN climate conference, COP23, concluded today with steps forward to ensure global climate action through implementation of the Paris Agreement.
The Kigali Amendment to the Montreal Protocol, which will bring about a global phase-down of hydrofluorocarbons (HFCs), will take effect in January 2019 as a number of EU Member States have now deposited their ratification instruments.
The European Union and its Member States intend to deposit their ratification instruments for the Doha Amendment establishing the second commitment period of the Kyoto Protocol by the end of this year at the latest.