by Reinout Debergh Only flights within the European Economic Area (EEA) and those to the UK and Switzerland are covered Scope expanded to also include all departing flights from the EEA to outside the EEA with reimbursement of Corsia costs for those routes. Potential full scope in 2027 pending assessment of Corsia. Outmost regions exempted...
By Maria Constantinescu For the average emissions of the new passenger car fleet the new EU fleet-wide target is equal to a 15% reduction of the 2021 target. Replaced with an increased target of 20% by 2025. Life-cycle assessment methodology: By 2023 the Commission could evaluate the possibility of a common Union methodology for reporting...
By Clarice Agostini In May and June 2022, the plenary of the European Parliament will vote on the key elements of the Fit for 55 package of energy and climate legislation. Before that, the individual lead committees will vote on the proposals. Here are the proposals that are most relevant to the objectives of the...
‘Global warming’ is defined by the International Panel for Climate Change (IPCC) as an increase in combined air and sea surface temperatures averaged over the globe over 30 years. Earth’s temperature is believed to have risen by 0.08° C per decade since 1880. Global warming reached about 1°C by 2020.
Climate change creates physical, transition and liability risk. Climate risk helps to quantify the potential and realised impacts of climate change for private sector, especially banks. However, considering the complexity of global climate change, can any risk parameter truy encapsulate it?
A useful table to understand the acronyms for EU committees.
Coral Reefs only take up 0.1% of the ocean floor. Despite this, coral reefs host over a quarter of the ocean’s inhabitants and support over 500 million people globally. Coral reefs are facing serious threats from climate change.
Science and innovation are critical components of the battle against climate change and significantly shaped COP26 Innovation is seen as the solution for a sustainable and prosperous future, and countries are competing in being innovation leaders Nevertheless, systemic transformation is need in order to tackle climate change.
Marine ecosystems provide an array of benefits or ecosystem services to the global human population including climate stability, carbon sequestration and cultural meaning Marine organisms also play a crucial role in absorbing carbon, thus helping to mitigate the nocive effects of climate change. Ocean restoration and conservation measures will indirectly aid in climate mitigation by reducing ocean warming
