Countries and companies involved in oil and gas extraction to be asked to join scheme aimed at tackling global heatingFossil-fuel producing countries and companies are being asked to pay into a new international fund to help poor countries cope with th…
Commission president vows to free up cash for affordable homes and create the bloc’s first-ever housing commissioner.
COP29 host intends to launch venture with a contribution from state company
The statement comes after years of conservatives laying the groundwork for Trump to withdraw from the global agreement intended to reduce emissions of the greenhouse gases causing climate change.
Local leaders want EU to fund affordable housing, sustainable mobility and adaptation to climate change.
Tighter rules and a halt in EU funding will leave capitals looking for cash.
Squabbles involving the EU, Russia, Turkey and the United States are holding up the launch of a board that’s supposed to oversee aid to communities wracked by disasters.
Italian leader is to outline her flagship plan for Africa on Monday.
The German government has resolved its internal disagreements on how to deal with a €60 billion hole left in the government’s finances after a ruling by the country’s constitutional court, announcing a mix of expenditure cuts and additional sources of …
US vice president uses her international platform to polish her climate credentials — but it comes with political peril.
This month’s summit will be a decisive test of how far Budapest will go to thwart EU support for Kyiv.
German Chancellor Olaf Scholz was harshly criticised by the opposition after he downplayed his government’s declaration of emergency for the 2023 budget following the constitutional court’s ruling – as questions remain over how to fill the €60 billion …
The German parliament’s budget committee has delayed a meeting originally set for Thursday (23 November) to finalise the 2024 budget, following a court ruling that cancels €60 billion off a climate fund and could have broader implications for other pub…
Following a bombshell ruling by Germany’s top court, the financial pain for the ruling coalition may be only just beginning.
A snapshot of the warming world, from sea level rise to fossil fuel subsidies.
Doubts over the survival of Germany’s three-way alliance after €60 billion rebuke.
Germany’s constitutional court struck down a €60bn off-budget government climate fund on Wednesday (15 November), putting the country’s legal commitment to limit climate change at serious risk.
Germany’s Federal Constitutional Court ruled on Wednesday (15 November) that the German parliament’s 2022 decision to pour €60 billion from the unused debt contracted during the COVID-19 crisis into a new climate fund was unlawful.
Judges say government’s fund intended to subsidise chip factories and upgrade railways is illegal
