The European Union's greenhouse gas emissions fell a further 3% between 2023 and 2024, bringing the EU’s total emission reductions to 40% below 1990 levels, according to official EU data sent to the United Nations Framework Convention on Climate Change and a European Environment Agency (EEA) analysis. The EU greenhouse gas inventory was prepared and submitted to the UN body by the EEA on behalf of the EU on 15 April.
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New approaches needed to address supply chain risks for rare earth elements
Rare earth elements are moving rapidly to the forefront of global policy making for energy, transport, advanced manufacturing and digital technologies as demand continues to expand while supply chains remain highly concentrated, according to a new International Energy |Agency (IEA) report developed to inform G7 discussions this year.
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UK Gov strengthens carbon markets; helps leverage capital
The UK Government has launched plans to strengthen voluntary carbon and nature markets which can help leverage the finance needed to address climate action while diversifying revenue streams.
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Electricity demand set to soar
The increase in electricity consumption through 2027 is expected to average around 4% annually, says the International Energy Agency (IEA).