The European Green Cars initiative is one of the three PPPs included in the Commission’s recovery package. The envelope for this initiative is foreseen at €5 billion to boost to the automotive industry in a time of economic hardship, and support the development of new, sustainable forms of road transport. Of this financial envelope, € 4 billion will be made available through loans by the European Investment Bank (EIB), and € 1 billion through support to research, with equal contribution from the Seventh Framework Programme for Research (FP7) and from the private sector. The scope of this initiative is broader than the two other PPP, and research is just one part of it. Several coordinated calls for research proposals should be launched in July this year. These financial support measures will be supplemented by demand-side measures, involving regulatory action by Member States and the EU, such as the reduction of car registration taxes on low CO2 cars to stimulate car purchase by citizens.
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- Can we finally standardize ESG standards?Can we finally standardize ESG standards? Tim Mohin Tue, 01/19/2021 - 01:00 Most GreenBiz readers are well aware of the complex sustainability reporting landscape. It seems like every year new reporting standards or frameworks are added to the overstuffed workload of the corporate sustainability professional. As the former chief executive of the Global Reporting Initiative […]
- How My Green Lab is cleaning up R&DHow My Green Lab is cleaning up R&D Elsa Wenzel Tue, 01/19/2021 - 00:30 Solutions to the world's biggest problems, including climate change and the coronavirus pandemic, are studied in research laboratories across the globe. But as sterile as those labs may appear, they have a dirty secret: immense carbon footprints. Labs burn through five […]
- The case for buying climate tech from BIPOC and women-owned suppliersThe case for buying climate tech from BIPOC and women-owned suppliers Marilyn Waite Mon, 01/18/2021 - 01:45 Stopping carbon pollution alone will not bring climate justice. Reaching net-zero by 2050 will not either. Neither will achieving 100 percent renewable energy targets. The entire economy is being rebuilt. From electric modes of transportation to climate-smart agriculture, […]
- Is your team embedding equity considerations into its carbon removal projects?Is your team embedding equity considerations into its carbon removal projects? Gloria Oladipo Mon, 01/18/2021 - 01:15 With carbon emissions expected to rebound this year, 2021 presents another opportunity for companies to invest in climate-saving initiatives that move the corporate world closer to a net-zero future, especially carbon removal projects. While some companies already have […]
- Collaborating with the ocean is essential to addressing climate change and environmental justiceCollaborating with the ocean is essential to addressing climate change and environmental justice "The potential for the “blue economy” — one that combines more thoughtful stewardship of the ocean’s resources and economic opportunity with a more pragmatic, respectful approach to protecting coastal ecosystems — is vast. But with more than $1.5 trillion in annual economic […]
- Can we finally standardize ESG standards?
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