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 PFZW, stewarding €248 billion (USD 290 billion) in retirement assets, announced it had withdrawn approximately €29 billion (USD 34 billion) in investment mandates from global managers BlackRock and Legal &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.
ÁVILA, Spain — The charred hills outside this historic city bear the marks of a summer firestorm that forced hundreds to flee with little more than the clothes on their backs. Crops were reduced to ash, homes were lost, and firefighters battled walls of flame for days. For Prime Minister
A Career Steeped in Development and Diplomacy When H.E. Ole Thonke was appointed Denmark’s Climate Ambassador and Undersecretary for Development Policy at the Ministry of Foreign Affairs, the move was widely seen as both a reflection of his personal experience and a statement of Denmark’s global intent. Thonke had already
In a year defined by global uncertainty and uneven progress, the newly released 2025 Sustainable Development Report confirms what many observers have long noted: the Nordic nations remain the undisputed frontrunners in the race to achieve the world’s most ambitious goals. Finland, Sweden, and Denmark top the global rankings, setting
New London, CT — The Trump administration has ordered a stop to construction of the Revolution Wind project, a $4 billion offshore wind farm led by Denmark’s Orsted. With 45 of 65 turbines already standing in the waters off Connecticut and Rhode Island, the decision threatens to derail one of
The European Union has approved funding for 13 projects under its Mission Ocean and Waters initiative, committing €116 million to efforts ranging from fish-friendly river pathways to a digital twin of the ocean. The aim: to restore Europe’s waters and the livelihoods they sustain. The new projects will span the
The Commission welcomes today’s final adoption of the strengthened Energy Performance of Buildings Directive, another milestone of the European Green Deal. This legislation sets the framework for Member States to reduce emissions and energy use in buildings across the EU,from homes and workplaces to schools, hospitals and other public buildings. This will help improve
