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"On Artificial Intelligence, trust is a must, not a nice to have. With these landmark rules, the EU is spearheading the development of new global norms to make sure AI can be trusted..."

Europe fit for the Digital Age

Commission proposes new rules and actions for excellence and trust in Artificial Intelligence

"The EU Taxonomy is a robust, science-based transparency tool for companies and investors. It creates a common language that investors can use when investing in projects and economic activities that have a substantial positive impact on the climate and the environment."

Sustainable Finance and EU Taxonomy

By: EBR | Thursday, April 22, 2021

Commission takes further steps to channel money towards sustainable activities

"For instance, Christine Lagarde has been raising expectations that the ECB will take concrete action against climate change when completing the ECB’s strategy review."

The ECB needs political guidance on secondary objectives

By: EBR | Thursday, April 22, 2021

While EU Treaties clearly stipulate that the European Central Bank “shall support the general objectives of the European Union”, politicians cannot simply stand by, hoping that it will use its discretionary power to act on them

Yet recently, despite the EU’s new global human rights sanctions regime, Germany’s commitment toward defending human rights, whether behind closed doors or openly, has been waning.

Germany’s Ambiguity Toward Human Rights Weakens Europe

By: EBR | Wednesday, April 21, 2021

As she nears the end of her last term as Germany’s chancellor, Angela Merkel should revert to toughening the EU’s stance on human rights. Making them subservient to trade and economic ties discredits the EU

"It is clear that there is no country or company manager in Europe at the moment that does not support the development of a trustworthy and innovative AI ecosystem, which promotes a human-centric approach and that primarily services people, increasing their well-being."

Artificial intelligence: Commission must think small first

By: EBR | Tuesday, April 20, 2021

The European Commission will this week present its proposal on Artificial Intelligence (AI), seen as a step toward a new regulatory framework

"Transitioning to a green economy could create 18 million jobs."

How can we ensure a just transition to the green economy?

By: EBR | Tuesday, April 20, 2021

The global shift to a green economy could create 18 million jobs, with the potential to provide high-quality employment and livelihoods around the world

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“Some plastics are intrinsically toxic, while others have toxic additives that can leach into the environment, including during recycling operations.”

Stop exporting plastic waste out of Europe, EU lawmakers say

By: EBR | Tuesday, April 20, 2021

Thirty-one lawmakers in the European Parliament have signed a manifesto calling for the end of plastic waste exports outside Europe and the facilitation of intra-EU shipment procedures to promote a genuine circular economy within the EU

“Future developments in sustainability criteria for forestry will be taken into account in revisions of this Delegated Regulation.”

EU taxonomy draft leaves bioenergy and forestry off the hook

By: EBR | Monday, April 19, 2021

The European Commission has decided to leave out agriculture but kept controversial criteria for bioenergy and forestry in the first batch of proposed implementing rules

The Regional Aid Guidelines are the first set of State aid rules that are revised following the announcement of the European Green Deal and the European Industrial and Digital Strategies.

State aid: Commission adopts revised Regional Aid Guidelines

By: EBR | Monday, April 19, 2021

The European Commission has adopted revised EU guidelines on regional State aid (the “Regional Aid Guidelines”)

“The fall in lignite emissions in 2020 meant that – for the first time – gas power plants overtook lignite power plants to become the single largest contributor to power sector emissions in the EU ETS.”

Gas overtakes lignite as Europe’s largest source of power emissions

By: EBR | Friday, April 16, 2021

Gas power plants overtook lignite in 2020 to become the EU’s single largest source of power sector emissions

The third wave of the COVID-19 continues to spread in Europe in spite of tightening restrictions in various member states and the progress, albeit patchy, made with the vaccine strategy.

Member states press Commission to speed up evaluation of recovery plans

By: EBR | Friday, April 16, 2021

Some EU finance ministers are expected to request the European Commission on Friday (16 April) to shorten the two-month evaluation period of the recovery plans in order to speed up the implementation of the long-awaited European stimulus

Reynders reassured MEPs that the Commission is ready to complete the necessary technical infrastructural work by the end of June, and that the certificate would not result in a central database created at the EU level.

Digital Green Certificate: MEPs seek clarifications regarding the travel facilitation tool

By: EBR | Thursday, April 15, 2021

On Tuesday, MEPs quizzed Commissioner Reynders on the recently proposed Digital Green Certificate and discussed data protection aspects with the EDPS

The latest EU carbon market emissions data released by European Commission on April 1 was not a joke. It shows the impact of the COVID pandemic and a total year-on-year emission reduction estimated at 13% for all installations and airlines covered by the EU carbon market.

Four key issues to watch in the EU’s carbon market reform

By: EBR | Thursday, April 15, 2021

EU carbon market emissions experienced a record fall last year, but when it comes to heavy industry, the effect is likely to be short-lived

"Serious and organised crime touches the lives of Europeans in unprecedented ways. It is destructive, pervasive and complex."

Press remarks by Vice-President Schinas on EU Strategies to tackle Organised Crime and fight Trafficking in Human Beings

By: EBR | Thursday, April 15, 2021

"When we presented our Security Union strategy last year, we committed to stepping up the EU’s work against organised crime"

The European Court of Auditors (ECA) looked at how the European Commission supports member states in expanding electrical charging infrastructure as well as how it manages EU funding.

Deployment of EU electric vehicle charging stations too slow, auditors say

By: EBR | Wednesday, April 14, 2021

The European Union’s deployment of charging infrastructure for electric vehicles is not quick enough to meet the bloc’s targets

The Commission will use a diversified funding strategy to raise up to around €800 billion in current prices until 2026.

NextGenerationEU: Commission gets ready to raise up to €800 billion to fund the recovery

By: EBR | Wednesday, April 14, 2021

The Commission has today taken steps to ensure that borrowing under the temporary recovery instrument NextGenerationEU will be financed on the most advantageous terms for EU Member States and their citizens

“We believe that, first and foremost, we need to continue to apply the energy efficiency first principle, ensuring that really we make the most out of our limited resources,” Pinho said.

Energy efficiency must apply across all renewables, EU Commission says

By: EBR | Tuesday, April 13, 2021

Europe needs a massive increase in renewable electricity to meet its 2030 decarbonisation targets, including a ramp up of clean hydrogen production from electrolysers

"Crisis fatigue has become a widespread sentiment in Europe. There is no immediate end in sight to the COVID-19 pandemic, not to mention the inevitable and fundamental economic challenges that will follow."

The age of permacrisis

By: EBR | Tuesday, April 13, 2021

Despite the fatigue with the pandemic and the longing for stability and predictability, Europe has entered the age of ‘permacrisis’, in which volatility, uncertainty, and a prolonged sense of emergency have become the new normal

"The Certificate would constitute proof that a person has been either vaccinated against COVID-19, received a negative test result, or already recovered from the disease. The document should be free, and available in digital or paper format."

Digital Green Certificate: MEPs to review Commission proposal

By: EBR | Monday, April 12, 2021

On Tuesday, MEPs will take a detailed look at the proposed Digital Green Certificate, the aim of which is to ensure the freedom of movement within the EU during the pandemic

In a joint statement, the four nations, known as the BASIC countries, “expressed grave concern regarding the proposal for introducing trade barriers such as unilateral carbon border adjustment”.

Emerging economies share ‘grave concern’ over EU plans for a carbon border levy

By: EBR | Monday, April 12, 2021

European Union plans to impose taxes on carbon at its border are “discriminatory” and unfair to developing nations, ministers from Brazil, South Africa, India and China have warned

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EU Actually

EU climate law agreement: Council did not give in

N. Peter KramerBy: N. Peter Kramer

Last night, the negotiators of the European Parliament and Council reached a provisional political agreement on the objective of a climate-neutral EU by 2050 and a collective net greenhouse gas emissions reduction target of at least 55% by 2030 compared to 1990

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Europe

Europe fit for the Digital Age

Europe fit for the Digital Age

Commission proposes new rules and actions for excellence and trust in Artificial Intelligence

Business

Li Shufu is pulling the strings at Volvo, Mercedes and Lotus

Li Shufu is pulling the strings at Volvo, Mercedes and Lotus

Will carmaker Volvo get a stock exchange listing in Stockholm, or may be in Amsterdam, as Bloomberg news agency claims?

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