European finance ministers today highlighted the European Investment Bank’s crucial role strengthening innovation, cohesion, convergence and climate action. At the Annual Meeting of the EIB Board of Governors in Luxembourg, ministers welcomed the EU Bank’s crucial countercyclical activities following the economic crisis, delivering increased support under the Investment Plan for Europe and for public and private investment around the world.
The European Union, the Secretariat General of the Central American Integration System (SICA), the Central American Bank for Economic Integration (CABEI) and the Government of the Federal Republic of Germany have announced the launch of a “Green Fund for Central America”, for a total amount of EUR 88.1 million.
On 18 and 19 June, the Federal Environment Ministry and the Government of the Republic of Poland are hosting the 9th Petersberg Climate Dialogue in Berlin. This informal meeting of ministers and representatives from 35 countries focusses on the implementation of the Paris Climate Agreement and preparation for the next Climate Change Conference, which will take place in December in Katowice under Poland’s Presidency.
The European Commission’s proposed ban on single-use plastics, announced on May 28, is an archetypal European environmental initiative: it is a bold measure to improve our planet, and it responds to rising public concerns about an alarming pollution problem. It comes a fortnight after the Commission’s third Mobility Package, setting targets for heavy-duty vehicle emissions, and just days after two big political environmental events: the annual EU Green Week, and the Clean Energy Ministerial in Copenhagen and Malmö.
Participants in a hearing on sustainable finance, organised by the EESC on 5 June 2018 in Brussels, explain how to move forward in order to redirect capital flows towards more sustainable investment projects.
Ten years after the EU’s first landmark report on climate change and security, the EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, will host the high level event Climate, Security and Peace: The Time for Action on 22 June in Brussels.
As part of POLITICO’s Energy Visions series, this event will bring together senior policymakers, business and civil society representatives for a frank discussion to reflect on the EU and China leading partnership in the climate battle and how to deploy climate technologies at a faster pace.