Friday

29th Mar 2024

Ticker

Report: Commission to raise EU climate goal to 55 percent

The European Commission wants to raise the EU's climate target for 2030 to 55 percent, German newspaper Frankfurter Allgemeine Zeitung writes. Commission president Ursula von der Leyen is to announce this in the middle of next week in the annual speech on the "State of the European Union" before the European Parliament. So far, the EU had promised a 40 percent reduction of emissions in 2030 compared to 1991.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

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."

Join EUobserver

EU news that matters

Join us