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Fit for 55: Deal on carbon sinks goal will increase EU 2030 climate target

Published Mon, 24 Feb 2025 02:42:31 GMT

On Thursday night, Parliament and Council negotiators reached a provisional agreement on the third file of the Fit for 55 package. The revision of the Regulation on the land use, land use change and forestry sector (LULUCF) seeks to improve natural carbon sinks to make the EU the first climate-neutral continent by 2050 and improve biodiversity in line with the European Green Deal.Boosting EU carbon sinks by 2030The EU 2030 target for net greenhouse gas (GHG) removals in... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑ 

Commission proposes new Euro 7 standards to reduce pollutant emissions from vehicles and improve air quality

Published Mon, 24 Feb 2025 02:42:31 GMT

On Thursday, 10 November, the Commission presented a proposal to reduce air pollution from new motor vehicles sold in the EU to meet the European Green Deal's zero-pollution ambition, while keeping vehicles affordable for consumers and promoting Europe's competitiveness.Road transport is the largest source of air pollution in cities. The new Euro 7 standards will ensure cleaner vehicles on our roads and improved air quality, protecting the health of our citizens and the environment. Euro 7 s... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑ 

“Putin must pay”: The British politician-turned-Philanthropist building a humanitarian empire in Ukraine

Published Mon, 24 Feb 2025 02:42:31 GMT

In the same week that European leaders began discussions for a “Marshall Plan” for Ukraine, former Minister Brooks Newmark spoke in favour of a Multilateral Action Model on reparations which could secure over £500bn in compensation to help rebuild the nation of Ukraine.Newmark was one of the numerous experts consulted by the New Lines Institute to develop the legal framework by which Russian assets can be seized, oil revenues charged and dirty money confiscated to build a Ukraine Compensatio... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑ 

Cyber Defence: EU boosts action against cyber threats

Published Mon, 24 Feb 2025 02:42:31 GMT

On Thursday, November 10, the Commission and the High Representative put forward a Joint Communication on an EU Cyber Defence policy and an Action Plan on Military Mobility 2.0 to address the deteriorating security environment following Russia's aggression against Ukraine and to boost the EU's capacity to protect its citizens and infrastructure.With its new cyber defence policy, the EU will enhance cooperation and investments in cyber defence to better protect, detect, deter, and defend agai... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑ 

Ukraine Reconstruction: Commissioner Simson visits the country to boost the support for Ukraine’s energy system

Published Mon, 24 Feb 2025 02:42:31 GMT

Commissioner for Energy Kadri Simson visited Ukraine on 1 November to discuss with President Volodymyr Zelenskyy, Minister of Energy German Galushchenko and international partners the immediate concrete support for its battered energy sector. Russia's persistent and deliberate targeting of Ukrainian energy infrastructure over the past weeks and months has affected more than 30% of the country's energy system.The EU has, together with the Member States and private companies, delivered million... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑ 

Putin Must Pay: Call for reparations to Ukraine

Published Mon, 24 Feb 2025 02:42:31 GMT

On Tuesday, October 25th a group of international legal experts, economists, and scholars presented for the first time a model through which reparations could be legally demanded from Russia to finance the reconstruction of Ukraine and the mental rehabilitation of its people.The Multilateral Action Model, presented by experts from the New Lines Institute to the European Parliament, is ground-breaking in the way that it would make use of the seized and frozen Russian assets while keeping in l... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑ 

Rebuilding Ukraine: A New Model for Reparations

Published Mon, 24 Feb 2025 02:42:31 GMT

This week alone, Russia’s war against Ukraine has come to new and horrific depths.Russia has launched missile attacks on civilian and commercial buildings in the Ukrainian capital Kyiv and Dnipro, and across the country. It seems that Russia appears to be shifting from a conflict largely fought on the battlefield to a new war, one of the tactics of ‘terror bombing’.If Russian military analysts can be believed, this will lead to a new style of fighting, one characterised by ‘total war’ with an economic dimension. Punishment, in other words, for Ukrainian successes.The questions this new spate of attacks raise are profound. How can Ukraine be compensated for what Russian bombs and missiles have done to its major cities and its economy? How can Ukrainian society be rebuilt? Where can the funds come from?This is a question that international policymakers have considered since the beginning of Russia’s invasion.This is a time of high inflation. Around the world, national debts are rising...

Make crucial traffic data available digitally, European Parliament Transport Committee says

Published Mon, 24 Feb 2025 02:42:31 GMT

Data on speed limits, roadworks or accidents should be available in digital format, to ensure road users are safer and better informed, the European Parliament's Transport Committee has said.On Wednesday, Transport Committee MEPs voted on new intelligent road transport systems rules to boost digitalisation in the transport sector, to better connect different mobility apps, and to ensure wider data sharing. Intelligent transport systems (ITS) apply information and communic... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑ 

Payments: Commission proposes to accelerate the rollout of instant payments in euro

Published Mon, 24 Feb 2025 02:42:31 GMT

The European Commission today adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses holding a bank account in the EU and in EEA countries.The proposal aims to ensure that instant payments in euro are affordable, secure, and processed without hindrance across the EU.The Commission says that these instant payments will allow people to transfer money at any time of any day within ten seconds. This is much faster compared to traditional cre... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑ 

Commission secures ambitious EU negotiating mandate for the COP27 on Climate and COP15 on Biodiversity

Published Mon, 24 Feb 2025 02:42:31 GMT

At the Environment Council in Luxembourg on 24 October, the Commission secured an ambitious negotiating mandate for the upcoming COP27 Climate Conference in November and the COP15 Biodiversity Conference in December. The EU will push for increased action at global level to tackle the interconnected climate and biodiversity crises, and will work with like-minded partners to secure a successful outcome at both international conferences.Nature and climate are intrinsically linked. Protecting na... This story is part of New Europe's Premium content.To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑