European Union

The European Commission's proposal to cut emissions 90 per cent by 2040 contains loopholes, but it still promises to be transformational for the green economy

Campaigners welcome 'pivotal step towards addressing the climate crisis', but lament loopholes that would allow for the increased use of carbon credits to meet new targets

Latest Ember report highlights the stranded asset risks associated with continuing investment in new gas projects and infrastructure

New initiative calls for public procurement processes to boost competitiveness, circular, and low-carbon solutions in the European construction sector

UK government announces wave of agreements to forge deeper cooperation with the EU on trade, security, fisheries, energy, and carbon emissions - but some key details are still to be confirmed

Ahead of major government summit on Monday, business group calls for linked emissions trading systems, streamlined regulations, and mutual carbon border levy exemptions between UK and EU

Reports suggest UK government is prepared to align with EU Emissions Trading Scheme as part of efforts to strengthen ties with Brussels and avoid threat of carbon border levies

Companies would be given up to two extra years to prepare for CRSD and CSDDD rules as EU pushes to streamline and simplify flagship sustainability reporting rules

European Parliament backs plans to postpone the application of new social and environmental reporting and due diligence rules

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