EU-Latin America & Caribbean Leaders Meet to Set the Path for Sustainable Recovery
On December 2, leaders from these regions met virtually to debate on how to ensure a joint sustainable recovery. The event addressed the theme “‘Joining Forces for a Sustainable post-COVID Recovery”. During this meeting, leaders expressed the need to enhance the cooperation to build back better from COVID-19. This includes providing immediate health support and improving future health preparedness.
Climate change and combating biodiversity loss will be a priority for both regions. The UE will secure investment throughout the European Fund for Sustainable Development Plus (EFSD+) as well as other initiatives such as the NDICI-Global Europe (2021-2027).
They announced the future launch of the EU-LAC Digital Alliance in 2022 to foster human-centric digitalization and to promote digital innovation.
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Climate change and combating biodiversity loss will be a priority for both regions. The UE will secure investment throughout the European Fund for Sustainable Development Plus (EFSD+) as well as other initiatives such as the NDICI-Global Europe (2021-2027).
They announced the future launch of the EU-LAC Digital Alliance in 2022 to foster human-centric digitalization and to promote digital innovation.
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EU Ministers Debate on Rising Energy Prices and “Fit for 55” Package Advances
EU energy ministers met to exchange views on rising energy prices and take stock of progress made with the proposals in the "Fit for 55" package. These measures aim to bring EU climate and energy legislation in line with the 2030 target of 55% greenhouse gas (GHG) emission reduction. They also formally adopted the new Common Agricultural Policy (CAP) for the period 2023-2027.
Mr. Jernej Vrtovec, Slovenian Minister of Infrastructure, stressed that their priority is to “move forward with the green energy transition towards more renewable energies flowing in grids and fully interconnected energy systems”.
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Mr. Jernej Vrtovec, Slovenian Minister of Infrastructure, stressed that their priority is to “move forward with the green energy transition towards more renewable energies flowing in grids and fully interconnected energy systems”.
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EU: Restoring Sustainable Carbon Cycles
On December 15, the European Commission published its ‘Restoring Sustainable Carbon Cycles’ communication. This strategy envisions supporting the development of sustainable carbon removal solutions. Both carbon farming and industrial solutions will play an important role in achieving the EU's 2050 climate neutrality objective. The background of this document is the previously approved European Climate Law. Measures include public funding opportunities for carbon farming and rewarding green farming practices like afforestation.
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New Private Coalition to Develop Biodiversity Reporting Standards
The European Financial Reporting Advisory Group (EFRAG) and the Global Reporting Initiative (GRI) have joined forces to create a new set of biodiversity standards that align with the European sustainability standards.
EFRAG estimates that the draft EU standard will be available to the Commission in June, while GRI noted that their new updated biodiversity standard would be complete in the second half of 2022.
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EFRAG estimates that the draft EU standard will be available to the Commission in June, while GRI noted that their new updated biodiversity standard would be complete in the second half of 2022.
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Sustainable Funding for Agricultural Operators in the San Joaquin Valley
According to California Walnuts, the District and the California Air Resources Board have developed a strategy to end unsustainable agricultural burning practices in the San Joaquin Valley by January 1, 2025.
This new approach tries to end up with more than 20 years of fighting against agricultural burning. Concerned agricultural operatives in the San Joaquin Valley are encouraged to contact the authorities for further details about these funding and other accessible contributions.
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This new approach tries to end up with more than 20 years of fighting against agricultural burning. Concerned agricultural operatives in the San Joaquin Valley are encouraged to contact the authorities for further details about these funding and other accessible contributions.
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The World Bank Group Presents its New Climate Change Action Plan 2021-2025
The new Climate Change Action Plan 2021-2025: Supporting Green, Resilient, and Inclusive Development progresses on the climate change components of the organization’s Green, Resilient, and Inclusive Development (GRID) strategy.
It will serve countries and private sector clients to maximize the impact of climate finance, with the aim for assessable improvements in adaptation and resilience and measurable reductions in greenhouse gas (GHG) emissions.
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It will serve countries and private sector clients to maximize the impact of climate finance, with the aim for assessable improvements in adaptation and resilience and measurable reductions in greenhouse gas (GHG) emissions.
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