DEFINITION: A UK Government policy launched in 2012 to provide properties with loans for energy efficiency measures. The loans were repaid through energy bills and transfer with the property rather than those who took out the loan. High interest rates and charges of the scheme resulted in a lack of demand for the Green Deal, and the programme was scrapped by the Conservative Government in 2015.
Business and investor giants urge EU to raise 2030 emissions target
More than 150 businesses and a group of investors with €33trn in assets under management have today (15 September) called on the European Union (EU) to back the ambitions set out in its Green Deal by committing to reduce greenhouse gas emissions by at least 55% by 2030.
EU recovery fund leaves €1.6trn investment gap towards climate targets, experts say
Calculations by experts show that the EU's planned economic rescue package, worth €750bn, is nowhere near enough to achieve the bloc's climate targets. Even in the best-case scenario, only one-third of the costs would be covered.
Coronavirus: EU's €750bn recovery fund to funnel investments towards climate action
The European Union's proposed €750bn fund to help the bloc recover from the coronavirus crisis will have green strings attached, with 25% of all funding set aside for climate action, the European Commission has said.
Europe's draft 'green recovery' plan leaked
The European Commission's promised green recovery plan will focus on building renovation, renewables and hydrogen as well as clean mobility and the circular economy, according to a leaked working document obtained by EURACTIV.
Financiers join EU 'green recovery alliance'
More than 50 CEOs from the banking and insurance sector - including household names such as BNP Paribas, AXA, Allianz, and Santander - have joined the "green recovery alliance" in the European Parliament.
Messages of hope: How world leaders are rallying for a green Covid-19 recovery
The two-day Petersberg Climate Dialogue finished yesterday evening, with ministerial leaders from the UK, Germany, the EU and the UN all delivering rallying cries for nations to focus on climate mitigation as part of any efforts to stimulate the economic downturned caused by the coronavirus outbreak.
EU leaders back 'green transition' in coronavirus recovery plan
While attention continues to focus on the urgent health aspects of the COVID-19 outbreak, EU leaders have called on the European Commission to start preparing "a comprehensive recovery plan" that integrates green and digital aspects.
Green Deal facing delays due to coronavirus, EU admits
The European Commission is having to re-order its priorities in the face of the coronavirus crisis, with "non-essential" initiatives like the biodiversity strategy and the farm-to-fork strategy likely to be delayed by several weeks.