It is to become nothing less than a “benchmark for the entire global battery market“, a “blueprint for many future laws”: On Friday afternoon, negotiators from the Commission, Council and Parliament announced their agreement on the new EU Battery Regulation. The goal is to set standards for a more sustainable battery design, boost the material […]
At the end of March, the European Commission will present its proposal for a Critical Raw Materials Act. The aim is to establish and strengthen European value chains for strategically important raw materials. An important pillar of the legislative package is to be the establishment of a raw materials circular economy. During Raw Materials Week, […]
Mr. Šefčovič, during the EU Raw Materials Week you signed an agreement with Ukraine on the digitization of geological data. What do both partners hope to achieve?Ukraine could become a commodity superpower. But until now, most of the data on critical raw materials are only available in paper form. In this process, we want to […]
In the trilogue negotiations on the regulation on deforestation-free supply chains, the Council, Parliament and Commission were able to reach agreement on some important issues this week. At the meeting on Wednesday evening, however, points of contention emerged at the same time for which no compromise is in sight in the near future. These include, […]
The planned EU legislative package to strengthen the supply of strategically important raw materials (Critical Raw Materials Act) will come at the end of March 2023, according to statements by the Commission. On the fringes of COP27 in Sharm el-Sheikh, Peter Handley, Head of Unit for Raw Materials in DG Grow, presented the Commission’s plans […]
Yesterday, the European Parliament held a final vote on the Corporate Sustainability Reporting Directive (CSRD). With a majority of 525 votes in favor, 60 against and 28 abstentions, the plenary adopted the proposal on which Parliament, Council and Commission had agreed in June. Around 50,000 companies in the EU are affected by the new sustainability reporting […]
EU Commission President Ursula von der Leyen signed another declaration of intent for an energy partnership at COP27 in Sharm el-Sheikh: Together with Egyptian President Abdel-Fattah El-Sisi, she announced yesterday a long-term partnership for green hydrogen.Both partners want to take measures to accelerate power generation from renewable energy sources and the development, use and unadulterated […]
Oil companies made record profits this year: French group Total Energies, for example, increased its earnings by 69 percent in the first nine months of the year. Shell even multiplied its profits from just under €13 to €30 billion. As a result, the debate about an excess profits tax for oil and gas companies became […]
The members of the Platform on Sustainable Finance certainly did not expect this kind of turbulence when the advisory body began its work in October 2020. Fifty-seven experts from industry, academia, civil society and the financial sector, including seven directly appointed members from public institutions such as the European Investment Bank or the European Environment […]
With the Raw Materials Initiative, the European Commission formulated a strategy for the first time in 2008 – with the aim of securing the supply of non-energy raw materials in the EU. Since then, European raw materials policy has been based on three pillars, which are also reflected in national debates: diversifying sources of primary […]