Europe is one of the most urbanised regions in the world, with 73 % of its population living in cities and towns. With the expected rise in global urbanisation in the coming decades, European cities will be facing many challenges associated with sustainable urban development.
The emissions performance of vehicles is improving, but continuous monitoring is needed to follow the implementation of the new vehicle emissions legislation and compliance with it, according to a new JRC Science for Policy report.
The European Union is the third biggest greenhouse gases emitter in the world after China and the US. The energy sector was responsible for 78% of EU greenhouse gas emissions in 2015. In 2008, the EU set the target to cut these emissions by 20% compared to 1990 levels. It is well on track to reach this goal: in 2015 the amount of greenhouse gas emissions in the EU represented a decrease of 22% compared with 1990 levels.
A JRC-led group of forestry research experts has developed a rigorous new fact-based carbon accounting system that reflects how forest management practices can help mitigate greenhouse gas (GHG) emissions.
Continuing its support for green investments and in a foray into new technology, the EBRD is extending a PLN 500 million (€116 million equivalent) long-term senior loan to Poland’s Grupa Azoty, a leading producer of chemicals on the Polish and European market, to help green their operations.
The European Investment Bank (EIB) is financing the innovation and development strategy that Velatia will drive forward in the electrical energy sector. EIB Vice-President Emma Navarro and Velatia’s CEO, Javier Ormazabal, today signed a EUR 32.5 million finance agreement that will enable the firm to incorporate new digital technologies into the products that it develops for electricity networks.
The air transport industry is one of the fastest-growing sources of greenhouse gas emissions. About 3 % of the EU’s total emissions – currently around 130 million tonnes – can be attributed to aviation. With the demand for travel growing at a rapid pace and air traffic expected to increase by 45 % by 2035, the sector is facing a major environmental challenge.