The six priority policies of the von der Leyen Commission. EP
In the European Union, the role of the co-legislators is to represent and involve all sectors of society in order to achieve the objectives. Also on the world stage, international events have pushed this Commission’s priority of ‘a stronger Europe in the world’ to a new dimension. This analysis monitors the Commission’s six priorities, concluding […]
Climate-related risks in financial statements. EFRAG.
Various revisions of companies’ annual reports point to an improved trend in reporting on climate risk in financial statements, but the reported climate-related risks are sometimes too high and inadequate. Some parties have noted that these concerns predate the adoption of mandatory standards, so current climate information is expected to improve further.
Implementation guide for materiality assessment. EFRAG.
Conducting an objective assessment of materiality is critical for sustainability reporting, which will include relevant and accurate information on all impacts, risks and opportunities in all environmental, social and governance matters. Once an impact has been identified as material, the commitment refers to the related ESRS requirements to identify relevant information or where the impact […]
Update of the Integrated National Energy and Climate Plan.
The Climate Change Law includes as strategic planning instruments the Integrated National Energy and Climate Plans and the Long-Term Decarbonization Strategy 2050. Thus, the NECP provides the guiding framework of the investment and reform program for a just ecological transition that develops the strategic capacities of the green economy, and defines the measures that will […]
Cost-benefit analysis of the Hydrogen methodology. Entsog
The objective of this methodology is to provide guidelines that will be applied to project analyses and to the general gas and hydrogen infrastructure. This methodology reflects the specific provisions of the TEN-E Regulation and aims to ensure its consistent application by all parties involved. The methodology will be complemented with input data that interpret […]
Global energy transitions. Irena.
The report provides a description of progress across all energy sectors, showing but that the scale and scope of implementation fall far short of what is required. A worrying trend is the geographical concentration of deployment, which remains limited to a few countries and regions. This pattern, which has persisted over the past decade, has […]
Comparison of policy options to address export-related carbon leakage. Germanwatch.
With the approval of the Carbon Border Adjustment Mechanism (CBAM), the free allocation of emission permits will be phased out. However, because CBAM only covers imports, European goods exported to global markets may become more vulnerable to emissions leakage. We evaluated the three most important policy options based on their potential to reduce leakage.
Geopolitics of the energy transition. Critical materials, Irena.
Currently, the demand for materials is for uses not related to the energy transition; But as the transition progresses, demand is expected to grow. The 1.5°C scenario documents the scaling of energy transition infrastructure and critical materials needed to achieve climate stabilisation, including 33,000 GW of renewable energy and the electrification of 90% of transport.
Financing reductions in methane emissions from oil and gas. IEA.
The oil and gas industry has the best opportunities to reduce methane emissions. There is a growing number of initiatives, which aim to reduce emissions globally, and many reductions can be made. However, progress has been too slow, despite the gains. This report looks at the investment requirements to achieve emissions reductions and how it […]
Innovation technologies for climate neutrality. CE.
The EU must dramatically accelerate the clean energy transition and rapidly reduce its dependence on fossil fuels. The EU has set out its plans to achieve these objectives by diversifying energy imports and reducing gas consumption. Emergency measures were taken in 2022 and the EU decided in 2023 to increase the ambition of its renewables […]
