[59], There has been criticism of the deal not doing enough, but also of the deal potentially being destructive to the European Union in its current state. The UN High Commission for Human Rights reports on the disproportionately severe impact of COVID-19 on racial and ethic minorities. UN Women also pleads for ensuring women have a seat at the table in the design of economic recovery packages, as there is plenty of evidence that more inclusive responses to crises are also better and more...Read more », In May 2020, the International Monetary Fund and the World Bank Secretariat published a new report that analyzes the inequalities that arose from the COVID-19 pandemic and demonstrates how already disadvantaged groups have been disproportionately affected. SAVi is a simulation service that helps governments and investors value the environmental, social and economic risks and externalities that affect the performance of infrastructure projects. Many leaders including the deputy minister, Kowalski, from Poland, a Romanian politician, and the Czech prime minister, Babiš, suggested either a yearly pause or a complete discontinuation of the deal.

The Task Force encourages Canada’s leaders to learn from the missed opportunities after the 2008/09 financial crisis when countries invested in recovery measures that resulted in a historic...Read more », The International Energy Agency (IEA) has published its new flagship report, Energy Technology Perspectives 2020. The spending would equal about 2% of the...Read more », According to an article published by Jakarta Post on August 21, 2020, the Asian Development Bank (ADB) has pledged to double its loan commitments to Indonesia in order to support the country’s economic recovery. The European Green Deal is a set of policy initiatives by the European Commission with the overarching aim of making Europe climate neutral in 2050. On May 28, 2020, the Organisation for Economic Co-operation and Development launched a new working paper that provides insights into lessons learned on green stimulus from the 2008–2009 global financial crisis (GFC). [15][16], Another target area to achieve the EU's climate goals is the introduction of the Circular Economy Industrial policy. This further entails the “decarbonisation and modernisation of energy-intensive industries such as steel and cement.”[18], A ‘Sustainable products’ policy is also projected to be introduced which will focus on reducing the wastage of materials. These strategies are a crucial part of the great transition we are embarking upon. Emma Navarro, EIB Vice President responsible...Read more », The UK Treasury has now published the foundations of Chancellor Rishi Sunak’s Summer Economic Update for a green recovery. One structure under consideration would involve the European Stability Mechanism providing guarantees to the bad bank, which would issue bonds to commercial banks in exchange...Read more », Germany has recently announced ambitious stimulus measures to support its economy. endobj [55] Countries are also arguing over the Just Transition Fund (JTF) that aims to help countries who are reliant on coal to become more environmentally friendly. The Principles call for decisions...Read more », On 15. Supported by more than 70 countries and several non-state actors, the pledge is meant to send a united signal to step up global ambition for biodiversity, nature, climate and people. The Green New Deal for Europe will leave a greener, fairer and more just Europe for future generations by fighting the twin crises of austerity and climate change. It will call for the development of exciting new technologies that will propel us towards the next stage of human flourishing. The federal government has indicated that spending on an...Read more », The International Institute for Sustainable Development (IISD) and the Council on Energy, Environment and Water (CEEW) published the second part of a commentary series about the recovery of India’s energy sector. Dedicate to R&I related to the issue €10 billion. ICR: What impact has the pandemic had on a plant level and how have producers adapted to the crisis?RdP: As an association we cannot comment on specific plant level impacts, but it is clear that this has followed the country-specific impact with plants being affected more in southern Europe, France, the UK and less in northern Europe, central and eastern Europe. The European Union's current industry is responsible for 20% of their greenhouse gas emissions. The EU Green Deal is the roadmap to a resilient, carbon-neutral EU by 2050. [19] The ‘Farm to Fork’ strategy aids pollution reduction from excess nutrients and sustainable methods of production and transportation. 25% of all funding will go to Climate change mitigation. In addition to a call for both climate action and a bill of economic rights, the approach by the European Greens sought to democratize the world’s financial system. ADB President Masatsugu Asakawa and GCF Executive Director Yannick Glemarec met to identify opportunities to help ADB members confronting the pandemic crisis achieve low-carbon and climate-resilient recoveries. But growth...Read more », A conversation with Prof. Gail Whiteman, Founder, Arctic Basecamp Monday, July 6, 2020, 6:00 PM Central European Summer Time (CEST). The report presents...Read more », On August 21, 2020, the Scottish government announced the fast-tracking of a GBP 20 million low-carbon heat fund for social housing. It has goals extending to many different sectors, including construction, biodiversity, energy, transport and food.[7]. On the one hand, the projects contribute to the climate change mitigation and adaptation efforts of the city; on the other hand, they create jobs and enhance social inclusion. Europe needs a rapid scale up of wind energy to help keep global warming well below 2 degrees Celsius and deliver on it Paris Climate Agreement commitments. Across the EU, we have also seen local disruptions to the supply of waste and other materials to cement plants, as some borders were closed at the height of the crisis. In the official page of the program From Farm to Fork is cited Frans Timmermans the Executive Vice-President of the European Commission, saying that: "The coronavirus crisis has shown how vulnerable we all are, and how important it is to restore the balance between human activity and nature. Raoul de Parisot (RdP): The European cement industry and its supply chain has been significantly impacted by the COVID-19 pandemic, but what we have also seen is that the impact has varied greatly between member states. These need to work in harmony to support market scale, plug the green investment gap, support the EU wind industry’s global supply chains, and refocus EU Research & Innovation and skills funding. Restore at least 25,000 kilometers of rivers, so they will become free flowing. With the coronavirus pandemic rapidly changing forecasts in cement markets worldwide, ICR speaks with Raoul de Parisot, president of the European cement association, CEMBUREAU, about the impact of COVID-19 on the region’s cement sector as well as the industry’s drive to reduce its carbon emissions. This innovative financing solution is called Community Municipal Investment and targets local citizens to become investors for green projects in their own municipalities.

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