Clarity AI has partnered with Refinitiv, part of the London Stock Exchange Group (LSE:LSEG), to develop a tool that will help LSEG’s customers comply with the Sustainable Finance Disclosure Regulation (SFDR).
EU Member States and the Commission have agreed to a proposal requiring the energy sector to accelerate its efforts on methane emissions reduction, as part of its ‘Fit for 55’ package. The bloc has yet to do the same with the agriculture sector, which is the largest emitter of anthropogenic methane.
Italian startup 3Bee has raised €5m in series A funding to expand its tech-enabled beehive business and strengthen its efforts to tackle biodiversity loss.
MEPs reached a provisional agreement with the European Council on the basic outline of its tariff plan for carbon intensive industries. The hope is that the carbon border adjustment mechanism (CBAM) will address the problem of carbon leakage and raise global climate ambition.
Revised EU Emissions Trading System (EU ETS) rules to include the aviation sector can help the bloc reach its ‘Fit for 55’ emissions reduction goal by 2030. The industry has been ineffective in taking action on its own to reduce emissions, which can justify resorting to the 'polluter' pays principle.
Given the role of philanthropy in climate finance, its interesting to see Global Canopy launch of new guidance for family offices and foundations to help them ensure deforestation-free portfolios.
The European Parliament is calling on the European Commission to initiate the coordinated withdrawal of all Member States from the Energy Charter Treaty (ECT).
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published a Call for Evidence on greenwashing.
A €1 billion grant from the German state to Salzgitter (FRA:SZG) under the climate, energy and environmental aid guidelines (CEEAG) is another signal of the EU’s commitment to hydrogen.
Apex Group, a global financial services provider with a leading ESG practice, has launched an EU Taxonomy solution to guide clients through the alignment process with SFDR and NFRD.