The climate neutrality puzzle is massive. As EU affairs ministers meet in Brussels tomorrow (28 January), they should ensure €260 billion are invested annually to lead a fair and just transition away from fossil fuels, campaigners write.
It’s the new Commission’s first weeks in office and climate is in the spotlight, with a European Green Deal expected to be tabled on 11 December. To succeed, the deal needs to enshrine increased climate ambition for the next decade, align the EU budget accordingly and boost EU support to developing countries.
The commitments made by several European countries to the replenishment of the Green Climate Fund (GCF) are only a modest first step. More countries now need to come forward ahead of the upcoming GCF pledging conference in October.
Torn between the cuts caused by Brexit and the investments that the European Green Deal requires, negotiations over the next EU budget after 2020 are getting tough. The EU must not, however, pass on the challenge and use 40% of its funds to support climate action, writes Markus Trilling.
Greek consumers could end up footing the bill for new coal plants well beyond 2050 under a proposed government scheme, despite recently agreed EU electricity market rules specifically designed to call time on coal subsidies, write Joanna Flisowska and Nikos Mantzaris.
An EU budget aligned to the goals of the Paris Agreement, the fulfilment of climate neutrality and the swift decarbonisation of the European economy is a win-win situation for both net payers and recipients to the EU budget, argue Markus Trilling and Raphaël Hanoteaux.
As the European Investment Bank (EIB) holds a meeting in Brussels today (25 February) to consult the public on its new energy policy, Wendel Trio reflects on the role the EU’s bank should have in tackling the climate crisis.
Progress in the Long Term Strategy for 2050 and at the climate conference in Katowice will be for nothing if European ministers allow disputes over the size of the next EU budget to roadblock important moves towards funding a zero-emissions energy transformation, write Raphael Hanoteaux and Markus Trilling.
As negotiations on the EU’s new electricity market enter their crucial trialogue phase, the bloc faces a litmus test for the credibility of its climate ambition. With only two trialogues left, the fate of coal subsidies is still not sealed while COP24 is approaching, writes Joanna Flisowska.
The plaintiffs of the People's Climate Case published an open letter to the EU Environment Ministers gathering today to discuss the EU climate policies; Their message is simple: The impacts happening to us, as the result of a mere 1C of average temperature increase, is already more than what we can bear. We need #1o5C compatible policies, we need a Europe that protects us!