Getting it straight: EU ratification of the Paris Agreement.
Today, CAN Europe organised an online press briefing ahead of the Extraordinary Environment Council which takes place 30 September in Brussels.
Cash that should be flowing into projects that boost environmental sustainability is instead fuelling outdated carbon-intensive projects like motorways, airports, and fossil-fuel infrastructure, according to a new report on Europe’s investment plan released today .
Members of the European Parliament from all major political parties tabled amendments for strengthening the ambition of the EU Emissions Trading Scheme post-2020. Climate Action Network (CAN) Europe welcomed this development, but stressed that only the most ambitious amendments are in keeping with Europe’s environmental obligations.
Today, at the special high-level event on entry into force of the Paris Agreement at the UN Headquarters in New York, several countries deposited their ratification instruments. Others, including the EU, announced that they will do so before the end of this year.
What should have been two significant contributions to Europe’s war chest in the fight against climate change will in fact leave the planet short-changed and open the door to even more polluting fossil fuel projects, argue campaigners at Bankwatch, Friends of the Earth Europe and Climate Action Network Europe.
Commenting on a leaked draft of the European Commission’s Energy Efficiency Directive proposal Dora Petroula, Energy Savings Policy Coordinator at Climate Action Network (CAN) Europe said:
The European Parliament’s Environment Committee has today voted on a resolution on the upcoming COP22, urging the EU to ratify the Paris Agreement before the end of this year and calling for revision of its 2030 climate target in 2018.
Climate change was high on the agenda as leaders of the world’s largest economies met for the G20 Summit in Hangzhou, China. But the communiqué released today once again lacks a deadline for when to phase out subsidies to the fossil fuel industry. Climate Action Network (CAN) Europe calls upon Germany, as next G20 chair and the EU as a whole to take necessary steps to both agree on a rapid phase out of subsidies globally and walk the talk in Europe.
EU financial institutions and funds channel billions of euros into fossil fuel projects, while EU policies and laws allow for yet more public money to flow into fossil fuels through the back door. This is the conclusion of a briefing on the various forms of fossil fuel subsidies in the EU, published by Climate Action Network (CAN) Europe today, ahead of the upcoming G20 summit where the topic will be discussed.