Europe

New report from the Climate Group explores how state and regional governments can independently raise green funds, and catalyse investment in the net zero transition

Leaked draft of EU Net Zero Industry Act suggests EU is planning stringent domestic content rules in response green subsidy blitz

Fluctuating electricity markets, supply chain issues, and skills shortages mean EU is at risk of falling short of its wind capacity and climate goals

Funding for climate fintech hit record levels in 2022 with investment in carbon accounting and offsetting startups increasing several times over

Heat pumps now warm more than one-in-eight of Europe's commercial and residential buildings following another record-breaking year

Number of environmental social governance funds achieving higher classification under European sustainable finance disclosure regulations rises in 2022

Ember analysis shows wind and solar together took larger share of Europe's power mix than gas for the first time last year, with gas generation now expected to fall sharply in 2023

Commission President Ursula von der Leyen touts Green Deal Industrial plan to reform permitting, boost skills, improve raw materials sourcing, and attract green investment

Sweden's state-owned mining firm locates large deposits of rare earth elements critical for manufacture of wind turbines and electric vehicles

All the top green business news from around the world this week, including India wind power targets, China EV sales, and calls for a net zero referendum in Switzerland