Brussels — The European Union has agreed to slash greenhouse gas emissions by 90 percent by 2040, setting the stage for the bloc’s long-term climate policy ahead of COP30 in Belém, Brazil. But the compromise deal — brokered under Denmark’s EU Council presidency — adds new flexibilities that could allow
Enfinity Global has signed a decade-long agreement with VW Kraftwerk GmbH, a subsidiary of the Volkswagen Group, to supply 400 gigawatt-hours (GWh) of renewable Guarantees of Origin (GOs) from its solar power plants in Italy—bolstering Volkswagen’s drive toward carbon-neutral mobility across Europe. Powering Volkswagen’s Transition to Carbon-Neutral Mobility Under the
A Government in Crisis PARIS — France has entered a new phase of political turmoil following the resignation of Prime Minister Sébastien Lecornu after less than a month in office. His abrupt departure comes amid growing economic pressure, widespread political fragmentation, and a fragile public mood. The resignation was announced
BRUSSELS — The European Union is preparing to confront the United States over the future of global development finance. As ministers gather for the World Bank and International Monetary Fund meetings this month, a widening divide between Brussels and Washington is emerging over how multilateral banks should respond to the
NEW YORK, October 1 — As the United Nations General Assembly convened world leaders in New York, attention also turned to the Harvard Club, where the Nizami Ganjavi International Center (NGIC) convened presidents, prime ministers, Nobel laureates, and senior UN officials for “Multilateralism on a Crossroads: Challenges and Pathways to
Chişinău, 2 October 2025 — Moldova’s recent parliamentary elections, held on 28 September, have deep implications for the country’s future. The landslide win of the pro-European Party of Action and Solidarity (PAS), aligned with President Maia Sandu, places new focus on how political stability, inclusion, and institutional renewal can shape
Europe’s environment is under mounting pressure. Despite progress in cutting greenhouse gas emissions and improving air quality, the European Environment Agency (EEA) warns in its newly released Europe’s Environment 2025 report that the continent’s natural systems are degrading at an alarming pace. Biodiversity is in decline, ecosystems are overstressed, and
One of Europe’s largest pension funds moved decisively to reshape how it invests on behalf of its millions of members. PFZW, stewarding €248 billion (USD 290 billion) in retirement assets, announced it had withdrawn approximately €29 billion (USD 34 billion) in investment mandates from global managers BlackRock and Legal &
10-year instrument aligns fully with EU Taxonomy as Copenhagen raises bar for sovereign sustainable finance In Copenhagen, the Danish government is preparing to test global markets with a precedent-setting deal: the world’s first sovereign green bond issued under the European Green Bond Standard (EuGBS). The 10-year instrument, expected in the
HULTSFRED – On the edge of a disused runway in Småland, rows of 174,000 solar panels now glint where propellers once roared. The site, once an airport, has been reborn as Sweden’s largest solar farm — a 100-megawatt project that will supply most of its electricity to the H&M Group.
