On Tuesday, the EU finance ministers defined their position for the UN climate negotiations in Baku (COP29). As international climate finance will be the main topic in November, the Ecofin conclusions are of particular importance this time.
By Lukas Knigge
Experts from the Brussels think tank Bruegel believe that an EU climate target of 90 percent CO2 reduction by 2040 is technologically feasible. However, they see risks from trade conflicts, rising interest rates and social resistance.
By Lukas Knigge
Dan Jørgensen is to become Energy Commissioner. The Dane has experience in the field, but above all he is good at selling ideas and mediating between positions. However, he does have one weak point.
By Redaktion Table
The most important negotiations at this year's UN Climate Change Conference in Baku (COP29) revolve around the new global climate finance target. The EU states are pushing for former developing countries such as China and Saudi Arabia to also participate.
By Lukas Knigge
She could become the second most powerful woman in Europe. The Spaniard Teresa Ribera has been appointed Competition Commissioner by Ursula von der Leyen. The high-profile environmental politician now has the main task of preventing conflicts between industrial and climate policy.
By Redaktion Table
Transport politician Jens Gieseke (CDU) wants to know in a written question whether the Commission intends to bring forward the review of the CO2 fleet legislation. The manufacturers' lobby association, ACEA, had considered asking the Commission to stop penalties amounting to €15 billion for 2025 by means of an emergency article.
By Markus Grabitz
Ursula von der Leyen's new team has no fewer than five people entrusted with climate policy tasks – some of them are political heavyweights. They are all united by the clear directive to combine climate action and economic growth together.
By Lukas Knigge
The Agora Energiewende think tank has examined the macroeconomic impact of the investments required to achieve the EU's 2040 climate target. In addition to Europe's major economic powers, Poland in particular could also benefit.
By Lukas Knigge
For months, the German Environment Agency has been investigating irregularities regarding climate certificates issued by international companies in China – which also involve local suppliers, buyers and auditors. In eight cases, it suspended certificates for alleged emission reductions.
By Bernhard Pötter
The reporting obligations for importers of emissions-intensive products continue to frustrate many companies. They complain about not being able to comply with the CBAM regulations and expect further tightening from Brussels.
By Lukas Knigge
