Archives par mot-clé : E.U.

Germany, Poland snub EU appeal for greater climate ambition

by Frédéric Simon, May 7, 2019 in Euractiv


The governments of France, the Netherlands, Belgium, Sweden, Denmark, Spain, Portugal and Luxembourg have launched an appeal to boost EU climate action ahead of a major summit on the future of Europe taking place in Romania next Thursday (9 May).

A leaked “non-paper” by the eight countries calls on the European Union to step up the fight against climate change and sign up to a European Commission plan to achieve net-zero greenhouse gas emissions “by 2050 at the latest”.

Germany, Italy and Poland were notably absent from the list of signatories of the leaked document, obtained by EURACTIV, echoing divisions at a recent EU summit.

Nuclear power excluded from EU’s green investment label

by C. Stam & A. Prager, April 3, 2019 in EurActiv


The text voted in Parliament also excludes fossil fuels and gas infrastructure from the EU’s proposed green finance taxonomy, which aims to divert investments away from polluting industries into clean technologies.

In a bid to prevent “green-washing”, the Parliament text also requires investors to disclose whether their financial products have sustainability objectives, and if they do, whether the product is consistent with the EU’s green assets classification, or taxonomy.

While activists applauded the move, they said the classification voted by the European Parliament was too narrow and applies only to a limited set of recognisable green assets, such as wind and solar power companies.

“Brown list” rejected

An amendment to publish a “brown list” to name and shame investments seen as damaging for the environment was rejected by Parliament.