Press Release: Study shows EUR 2.4 billion given up for coal subsidies annually in the Energy Community

The Secretariat published today the preliminary results of a study revealing that the Energy Community Contracting Parties support electricity generated from coal with some EUR 2.4 billion of direct and certain types of indirect subsidies annually. The study concludes that with the elimination of state aid via direct subsidies to coal and introduction of a carbon price, not a single coal power plant in the Energy Community would be able to operate without significant losses.

Event: Road to Europe: the Spitzenkandidaten Series (March – April 2019)

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Agenda: Meeting of the Antici Group (26 March 2019)

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Press Release: Energy and Climate Technical Working Group continues work on 2030 Energy Community targets methodology

Yesterday’s third Energy and Climate Technical Working Group continued to focus on defining the methodology for calculating 2030 targets for the Energy Community. The interim report was presented by a team of researchers from Technische Universität Wien, which discussed the upgraded methodology reflecting an ambition level comparable to EU Member States. The Secretariat was invited to continue working on the study with TU Wien, Joanneum and REKK, in close coordination with the European Commission and technical experts from the Contracting Parties. Once refined, the study will propose a range of targets that may be expected under aligned framework conditions in the Contracting Parties, taking into account differences in economic developments.

OPP Meeting Summary: EP ECON Committee – Report on ongoing interinstitutional negotiations (21 March 2019)

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Draft Agenda: European Parliament Plenary Session (3 – 4 April 2019)

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European Council meeting (21 and 22 March 2019) – Conclusions

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Press Release: Joint understanding on the application of the third energy package towards Iceland

Minister Gudlaugur Thor Thordarson and Climate Action and Energy European Commissioner Miguel ARIAS CAÑETE discussed on 20 March 2019 the EU Third Energy Package, taking into account the unique situation in Iceland as concerns renewable energy and energy markets.

Commissioners’ Weekly Activities (25 – 29 March 2019)

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Press release: Mark Carney – A New Horizon

Speech by Mr Mark Carney, Governor of the Bank of England, at the European Commission Conference “A global approach to sustainable finance”, Brussels, 21 March 2019.

Event: Berlin Energy Transition Dialogue 2019 (Berlin, 9 & 10 April 2019)

In the past years the Berlin Energy Transition Dialogue (BETD) has become a leading international forum for key stakeholders of the energy sector. High-level policymakers, industry, science and civil society are given the opportunity to share their experiences and ideas on a safe, affordable and environmentally responsible global energy transition. In 2018, the conference was home to more than 2.000 participants from over 90 countries, including 40 ministers and state secretaries and more than 100 high-level speakers, exchanging on investment flows, system integration or long-time scenarios against the backdrop of dynamic innovation and the digital transformation.

Event: EIT Climate-KIC online course: Teaching sustainability (8 April 2019)

EIT Climate-KIC is organising an intensive three-day online course targeted at educators who are interested in adopting an innovative approach to teach about climate change and the transition to a sustainable economy. On 8 April 2019, the Final Q&A webinar session will take place.

Event: Sustainability in practice – ratings, research and proprietary models (Brussels, 28 March 2019)

Topics discussed at the event include: What drives the take-up of ESG analytics, scoring and research? What type of approaches are being used by CRAs and SRPs across asset classes, corporates and investors? Is there a difference between active and passive asset management strategies? What actions should regulators and supervisors pursue in order to ensure the robustness of ESG assessments? Would a more prescriptive approach stifle innovation? How to enable the market research on SMEs, and avoid their under-representation in retail/institutional investment portfolios?

OPP Meeting Summary: EP CONT Committee – ECA Briefing paper on The EU’s response to the “dieselgate” scandal (21 March 2019)

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Final Draft Agenda: European Parliament Plenary Session (25 March – 28 March 2019)

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Official Journal (C Series): Opinions of the European Economic and Social Committee

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Agenda: Working Party on International Environment Issues (Climate change) (29 March 2019)

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OPP Meeting Summary: EP ECON Committee – Report on ongoing interinstitutional negotiations (21 March 2019)

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Agenda: Committee of the Regions ENVE Commission Meeting (4 April 2019)

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Press release: ‘Climate action is essential’

Speech delivered by, Pierre Heilbronn, Vice President of the European Bank for Reconstruction and Development, at the High-Level Conference on Sustainable Financing, Brussels, 21 March 2019.

Agenda: Meeting of the European Economic and Social Committee Consultative Commission on Industrial Change (26 March 2019)

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At a Glance: A framework to facilitate sustainable investment

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Report: Industrial Innovation – Pathways to Deep Decarbonisation of Industry

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Speech: Remarks by Vice-President Valdis Dombrovskis at the High-level conference – A global approach to sustainable finance

“Last Friday, more than 1.4 million young people in 120 countries around the world took part in a record-breaking event. It was the first ever global school strike for the climate, and it sent a powerful message: climate change is a global threat, and we urgently need to work together to stop it.”

Press release: Sustainable Finance – High-Level Conference takes global cooperation on sustainable finance to the next stage

The European Commission is today hosting a high-level conference on a global approach to sustainable finance.

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