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29th Mar 2024

Ticker

EU: 'moderate progress' so far at Bonn climate talks

EU commissioner for climate action, Miguel Arias Canete, said at a press conference on Tuesday that during the first week of the two-week climate summit in Bonn "moderate progress" has been made. On the issues of transparency and accountability of Paris agreement parties' contributions, Canete said "the progress has been uneven but we have been able to capture ways forward". The summit lasts until Friday.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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