The European Climate Law sets an economy-wide target of at least 55% net greenhouse gas emission reductions by 2030 compared to 1990 levels. Alongside carbon pricing, the EU ETS funds an Innovation Fund to support innovative clean tech projects, including in the aviation sector aiming to reduce the sector’s climate impacts[1], as well as specific […]
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Investors overseeing €6.6 trillion in assets are urging the European Commission to preserve the integrity of its sustainability disclosure regulations amidst growing concerns over potential changes in the upcoming Omnibus package, scheduled for release on February 26. This package could significantly alter key sustainability frameworks, including the EU Taxonomy and the Corporate Sustainability Reporting Directive […]
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The BNP Paribas Foundation has launched the 6th edition of its Climate & Biodiversity Initiative, committing €7 million to fund scientific research on ocean and coastal ecosystems. This new initiative aims to tackle pressing environmental challenges such as ocean acidification, coastal erosion, and overfishing—issues that threaten marine life and biodiversity worldwide. Focus on Ocean Preservation: […]
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In a bold move to foster the transition to zero-emission mobility, the European Union is committing €422 million to enhance alternative fuel infrastructure across Europe. The funding will support 39 key projects designed to expand and modernize infrastructure along the trans-European transport network (TEN-T), a crucial step in achieving the EU’s sustainability goals. The initiative, […]
Continue ReadingAuthors of a recently published study discuss how their research discovered that seals exhibit avoidance of turbines during operation. This finding is important for industry developers and regulators, as lower numbers of seals close to the turbine reduces the potential for fatal collisions and injuries. The rise of the tidal energy industry Tidal turbine at […]
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TA’ZIZ has taken a significant step toward strengthening the UAE’s industrial and economic diversification by awarding a $1.7 billion EPC contract to SAMSUNG E&A for the development of the country’s first world-scale methanol production plant. Located in Al Ruwais Industrial City, Abu Dhabi, the plant will be a pioneering facility powered by clean energy from […]
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In a groundbreaking move, Île-de-France Mobilités has issued the first-ever EU Green Bond under the newly implemented European Green Bond Standard (EuGB), raising €1 billion on Euronext Paris. This marks a significant milestone in sustainable finance, reinforcing the region’s commitment to transforming its transport network into a fully carbon-free system by 2030. A Step Towards […]
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In a landmark achievement, BBVA has surpassed its €300 billion sustainable business target a full year ahead of its 2025 deadline. The bank channeled an impressive €99 billion into sustainable initiatives in 2024, bringing its total sustainable investments from 2018 to 2024 to €304 billion. This early success underscores BBVA’s growing role in the global […]
Continue ReadingPaul Kühn, University of Jena, discusses his article: Nitrogen content of herbarium specimens from arable fields and mesic meadows reflect the intensifying agricultural management during the 20th century Biodiversity in agricultural areas Agricultural habitats such as arable fields and meadows are shaped by human activity. Agricultural productivity is rising, but at the same time, many […]
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Repsol is set to invest more than €800 million into a groundbreaking project in Tarragona, Catalonia, where the company will develop Europe’s first facility dedicated to converting urban waste into renewable methanol. This ambitious initiative marks a significant step in the decarbonization of the transport sector and the promotion of a circular economy. The Tarragona […]
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