In its first economy-wide climate stress test, the European Central Bank assessed the impact of climate change on four million companies and 2,000 banks in the bloc

Gurpreet Narwan writes on The Times website about the first economy-wide climate stress test by the ECB on companies and banks in the European Union.   European Central Bank environment stress test shows polluters at risk Climate change poses “a major source of systemic risk” to the economy, the European Central Bank has warned after … Continue reading In its first economy-wide climate stress test, the European Central Bank assessed the impact of climate change on four million companies and 2,000 banks in the bloc

Understanding carbon-free construction

Buildings and construction generate nearly 40% of global carbon emissions. As urbanisation skyrockets, the sector needs to find ways to rapidly decarbonise through net-zero building as required under the EU Energy Performance In Buildings Directive and to meet our long-term climate and energy objectives. Stuart Braun provides a good account to understanding carbon-free construction in … Continue reading Understanding carbon-free construction

New EEA briefing on the health impacts from climate change

European countries are facing increasing threats from climate change, including extreme weather events and infectious diseases. A new briefing by the Lancet Countdown and the European Environment Agency (EEA), published this week on the European Climate and Health Observatory, draws attention to health impacts of climate change in the European Union (EU) and suggests key … Continue reading New EEA briefing on the health impacts from climate change

New EEA briefing on ensuring that chemicals make a positive contribution to society without harming the environment and people’s health

The recent European Union chemicals strategy for sustainability aims to ensure that chemicals make a positive contribution to society without harming the environment and people’s health. A European Environment Agency (EEA) briefing, published earlier this month, describes key approaches to make chemicals and products safe and sustainable by design, before they enter the market.   … Continue reading New EEA briefing on ensuring that chemicals make a positive contribution to society without harming the environment and people’s health

Proposed carbon border levy would be strong signal to EU firms

Neil Kellard, Dean, Professor in Finance, Essex Business School at the University of Essex writes on The Conversation website about the impact of the proposed carbon border levy. What are your views?   Why the EU's proposed carbon border levy is an important test for global action on climate change In the more than two … Continue reading Proposed carbon border levy would be strong signal to EU firms

New EEA report on the growing environmental concern from plastics

The ever-increasing amount of plastic, its impact on biodiversity and contribution to climate change, and how to deal with it in a circular economy perspective have been on the European Union’s policy agenda for years. The COVID-19 pandemic has only increased the attention for plastic waste with images of masks in our seas, and large … Continue reading New EEA report on the growing environmental concern from plastics

Upcoming event: EEFIG 2021 Plenary, February 9-10th

This year’s most important event in energy efficiency financing is coming up in two weeks. Make sure to register (see below). The Energy Efficiency Financial Institutions Group (EEFIG) organises annual plenary meetings that are open to all members and interested parties. The next plenary is taking place on 9-10 February 2021 in virtual format. This … Continue reading Upcoming event: EEFIG 2021 Plenary, February 9-10th

New EEA briefing explores alternative ways of thinking about economic growth and progress

How can societies and people prosper and grow without harming the environment and climate? Is it possible to implement the European Green Deal through social innovations that have little or no environmental impact? To broaden the sustainability debate, a European Environment Agency (EEA) briefing, published this week, explores alternative ways of thinking about growth and … Continue reading New EEA briefing explores alternative ways of thinking about economic growth and progress

New EEA briefing on the European Union’s Emissions Trading System

Greenhouse gas emissions from stationary installations covered by the European Union’s Emissions Trading System (ETS) dropped by 9.1% in 2019 from 2018 levels, the largest drop in a decade, according to the latest European Environment Agency (EEA) briefing on trends and projections in the EU ETS released this week.   Climate action in Europe: EU … Continue reading New EEA briefing on the European Union’s Emissions Trading System

New EEA briefing on policies and measures to reduce air pollution and GHG emissions separately

EU Member States report on their policies and measures to reduce air pollution and greenhouse gas emissions separately. A European Environment Agency (EEA) briefing, published this week, reveals that Member States identify links to climate action in about one third of their reported actions planned to reduce air pollution.   National measures to cut air … Continue reading New EEA briefing on policies and measures to reduce air pollution and GHG emissions separately