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As catastrophic wildfires sweep across Southern Europe, WWF warns that the EU is sleepwalking into a permanent wildfire crisis while simultaneously weakening key environmental protections that help safeguard people, economies and nature from climate impacts.
Worsening floods, droughts, wildfires, and storms, combined with the loss of natural defences such as forests and wetlands, are making insurance increasingly inaccessible across Europe.
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%.
Despite growing political pressure to weaken EU sustainability rules, companies are successfully aligning their climate transition plans with regulatory standards, reveals WWF in a new report.
European leaders met to discuss the EU’s 2040 climate target but concluded without reaching a decision and passed the baton back to Environment Ministers.
EuroCommerce, the voice of European retail and wholesale, has today unveiled a set of legal recommendations aimed at reinforcing the enforcement of EU rules to ensure fair competition across the Single Market.
