Environmental

Environmental

€4.8 Billion Boost for Net-Zero Projects: EU Drives Innovation with Emissions Trading Revenues

The European Union continues its bold pursuit of climate neutrality, investing a staggering €4.8 billion from its emissions trading revenues into 85 innovative net-zero projects. This groundbreaking initiative marks the largest funding round to date under the EU Innovation Fund, accelerating Europe’s transition to a sustainable, competitive, and resilient future.

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Environmental

New EU Directive Sets Bold Air Quality Standards to Combat Pollution

Strengthening Air Quality Standards for a Healthier EU On October 14, 2024, the Council of the EU formally adopted an ambitious directive designed to significantly tighten air quality standards across the EU. This landmark decision is part of the EU’s zero-pollution strategy aimed at reducing air pollution and its harmful

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Environmental

SBTi Introduces Comprehensive Buildings Sector Guidance for Achieving Net-Zero by 2030

The Science Based Targets initiative (SBTi) has recently launched a groundbreaking framework to drive decarbonization in the global building sector. This new SBTi buildings sector guidance is designed to align the industry with the targets of limiting global warming to 1.5°C. Given the sector’s significant contribution to global carbon emissions, this

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Environmental

Stricter CO2 Emission Standards for Heavy-Duty Vehicles Adopted by EU Council

The EU Council has formally adopted new, stringent CO2 emission standards for heavy-duty vehicles, amending and strengthening existing regulations. This marks a significant step towards reducing greenhouse gas emissions from road transport and aligning with the EU’s broader climate objectives. New CO2 Emission Reduction Targets Set for 2030, 2035, and

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