Friday

9th Jun 2023

Ticker

EU welcomes Obama's climate change plans

The US on Monday announced new plans to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030. The move sends "a positive signal ahead of the Paris conference to finalise a new global climate agreement next year," EU climate commissioner Connie Hedegaard said.

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EU's proposed ethics body 'toothless', say campaigners

Transparency campaigners say the new ethics body proposed by the European Commission will do little to prevent corruption at the EU institutions. The proposal comes six months after allegations of a Qatari corruption affair involving a former European Parliament vice-president.

Opinion

The 'BlackRock exemption' has no place in the EU's due diligence directive

With the EU's Corporate Sustainability Due Diligence Directive, there's an opportunity to harness the power of investment for truly sustainable activities. But to do this, it must not allow the 'BlackRock exemption' and instead cover institutional investors and asset managers.

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