Environment policy in the European Union
Today, Member States backed the EU Budget (MFF) Performance Regulation, sending a positive signal for stronger climate and environmental spending, by defining a horizontal framework for how such spending is tracked and applying environmental safeguards across the budget.
Grants of more than €358 million have been awarded to 132 projects across Europe under the EU’s LIFE Programme for environment and climate action, covering the circular economy, clean energy and restoration of natural habitats.
Twenty-one airlines have committed to change their practices regarding environmental claims that were considered misleading following dialogue with the EU Commission and national consumer protection authorities.
A leaked copy of the European Commission’s legislative proposal for amendments to the Sustainable Finance Disclosure Regulation (SFDR) raises major concerns over the future of Europe’s green and transition financing.
Environment Ministers have agreed on a 2040 climate target: a 90% reduction in emissions in comparison to 1990. On paper, this might not sound too bad, but in reality, the reliance on international offsets up to 5% and the inclusion of an emergency break for carbon sinks could reduce the actual domestic target to lower than 85%.
European environment ministers have finalised a long-awaited decision on the EU’s 2040 emission-reduction target and the 2035 climate plan under the Paris Agreement, just days before COP30 in Brazil.
The EU Commission has announced €2.9 billion in funding to 61 cutting-edge net zero technology projects, funded from the Innovation Fund using revenues from the EU Emissions Trading System.
