The proposed European Commissioner for Financial Services is pushing for labels for sustainable investment products

The EU's sustainable financing framework needs new measures to help reduce the risk of greenwashing. Among the regulations proposed by the nominated European Commissioner for Financial Services and Savings and Investment Union Maria Luis Albuquerque, are green labels and transition labels for sustainable investment products, as well as reduced burdens...

Unprecedented – almost all US states are facing drought

All US states except Alaska and Kentucky are facing drought. This number is unprecedented, according to the US Land Observing Service, cited by the Guardian. Just over 45 percent of the U.S. and Puerto Rico are in drought conditions this week, according to the tracker. About 54% of the land in the 48 US states…

Europe's food supply will be affected by flooding in Spain

Torrential rains and devastating floods hit not only the Spanish city of Valencia, but also scattered agricultural lands in the region, which were submerged in water, reports Euronews. Valencia and the surrounding regions of Almeria and Andalusia produce the lion's share of Spain's fresh produce, including more than 60% of the country's citrus fruits. By AVA-ASAJA (The Association of…

The new European Commission must adopt a comprehensive approach to the circular economy

In recent years, the EU has taken significant steps to promote a more sustainable and circular economy. But despite these policy steps, we are not moving fast enough and progress remains limited. This is what Alain Magret, Francois Bonnet and Axel Darou write in their analysis in Euractiv on behalf of the "EU Collective for the Promotion of the Circular Economy" The circular rate…

Canada is introducing a regulation requiring a 35% reduction in emissions from oil and gas companies

Canada's government announced Monday the release of a new draft regulation aimed at capping greenhouse gas emissions from the oil and gas sector and introducing a new emissions trading system to reduce them by more than a third pollution in the sector. reports esgtoday.com. Although…

Ministry of Education and Culture warns: Due to the drought, the available water volumes have fallen below 50%

The Ministry of Environment and Water (MoEW) has published a notice limiting the water volumes it allows for use by the 52 significant dams under its management. The reason is the drought, due to which the available volumes as of October 25 have fallen to 49,8%. Against the background of the severe regimes that still exist in many places, the expectations of the ministry...