At the Climate Change Conference (COP25) being held in Madrid, the EIB and Iberdrola today announced two new agreements to promote climate action by investing in renewable energy projects and electricity distribution networks. To do so, the Vice-President of the EU bank Emma Navarro and the President of Iberdrola Ignacio Galán agreed two loans for a total of EUR 690m.
Press release in French.
To support local governments in long term energy and climate planning is precisely the goal of the C-Track 50 project, which aims to mobilize and guide public authorities and to support them in developing, financing and implementing ambitious integrated sustainable energy and climate policy action plans. In this, C-track 50 supports at least 116 sustainable energy and climate policy action plans and develops more than 105 funding proposals for implementing sustainable energy and climate actions/projects.
Finland, as holder of the Presidency of the Council of the EU, held a high-level meeting with the Commission this autumn during which the member states were able to share their views on sustainable food policy and support the Commission in the preparations. Food policy is closely linked to the Green Deal programme of the newly inaugurated Commission. Why is the EU now pursuing a common direction in food policy and what does a sustainable European food policy aim to achieve?
The Concerted Action of the Energy Efficiency Directive (CA EED) published its mid-term impact report, which showcases its activities and most recent successes.
The impact report covers the period from 2017 to 2019 and gives an insight into the various activities of the CA EED.
On 22 November, participants in the 17th regional seminar of ACP-EU economic and social interest groups adopted a declaration highlighting the potential of the blue economy as a key factor for development in many eastern and southern African countries.
Christine Lagarde, European Central Bank President since mid-October, was heard for the first time in her new office by the Economic and Monetary Affairs Committee. Questions on how the ECB is responding to the threat of climate change were a recurring subject on Monday, during the new Central Bank President’s first hearing at the Parliament. MEPs across the political spectrum wanted to know how the ECB can include action on climate change in its monetary policy and whether it would stop supporting unsustainable companies through its asset purchase programme.