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Will the Next Generation EU live up to its name? [Promoted content]

Euractiv.com - Thu, 03/04/2021 - 07:00
We often refer to children of today as the next generation, and we pin many expectations on them. Yet, we forget that our actions or inactions affect children - today - in the present.
Categories: European Union

Council approves greater corporate transparency for big multinationals

European Council - Thu, 03/04/2021 - 05:11
Coreper today mandated the Portuguese presidency to negotiate with the European Parliament the public country-by-country reporting (CBCR) directive.
Categories: European Union

Remarks by President Charles Michel at the press conference following his meeting with President Volodymyr Zelenskyy in Kyiv

European Council - Thu, 03/04/2021 - 05:11
At the end of his trip in the region, President Charles Michel met in Kyiv with Ukrainian President Volodymyr Zelenskyy.
Categories: European Union

Council approves €330 billion cohesion legislative package

European Council - Thu, 03/04/2021 - 05:11
Member states' ambassadors to the EU approved a set of regulations on the structural funds for 2021-2027, representing one third of the EU's seven-year budget.
Categories: European Union

‘Clumsy’ resolution risks alienating EU from Kazakhstan, MEP says

Euractiv.com - Wed, 03/03/2021 - 18:05
The European Parliament's recent resolution on Kazakhstan is "clumsy" and detrimental both for the bilateral relations and the credibility of the EU, Bulgarian MEP Ivo Hristov (S&D) told EURACTIV on Wednesday (3 March).
Categories: European Union

What if we could engineer the planet to help fight climate change? [Science and Technology podcast]

Written by Lieve Van Woensel with Marcos Fernández Álvarez,

©phonlamaiphoto AdobeStock

Efforts to curb carbon emissions are falling short. As climate change impacts become all too clear, geoengineering is again in the spotlight. Some see it as a last-resort option to fight climate change. Detractors highlight the risks and uncertainties. Will governments end up ‘tinkering with Earth’s thermostat’?

In the summer of 2018, a succession of heatwaves struck the EU. Record-breaking temperatures were reported, and wildfires ravaged the continent. Sweden suffered the worst forest fires in modern history. In Greece, blazes swept through Attica and left 102 dead. For many citizens, wildfires threw the reality of climate change into sharp relief.

Under the Paris Agreement, nearly 200 countries pledged to keep global warming well below 2°C. But progress in curbing carbon emissions is not on track. If the current trend is not reversed, extreme weather events like the 2018 heatwave will become more and more frequent.

Large-scale tree planting and direct air capture (DAC) are being considered to boost these efforts. While these are steps in the right direction – and could end up playing a significant role in tackling climate change – DAC is currently very costly and energy intensive, and planting trees can only help so much.

Geoengineering refers to large-scale interventions in the global climate system, intended to counteract climate change. In 2008, the UN Convention on Biological Diversity called for a moratorium on geoengineering ‘until there is an adequate scientific basis on which to justify such activities’. Only a decade later, scientists and policy-makers are again looking for last-ditch solutions to buy some extra time. Geoengineering is again in the spotlight.

Potential impacts and developments

Geoengineering includes a number of techniques of varying complexity, risk, and cost. In policy-making, the debate revolves almost entirely around ‘solar geoengineering‘. This describes a set of methods aimed at cooling the planet by reflecting a portion of solar energy back into space, or increasing the amount of solar radiation that escapes the Earth.

Cirrus clouds are known to have a warming effect on Earth. Seeding the atmosphere with innocuous Sahara dust would prevent the formation of cirrus clouds, and reduce global temperatures. Stratospheric aerosol injection entails creating an artificial sunshade by injecting reflective particles in the stratosphere. Its working principle is based in nature. The eruption of Mount Pinatubo in 1991 pumped around 15 million tons of sulphur dioxide into the stratosphere; in the two years that followed, global temperatures decreased by about 1°C.

Solar geoengineering would be inexpensive, and scientists agree on its potential. Without actions to reduce emissions, the concentration of CO2 is likely to be double pre-industrial levels by 2060. In theory, getting rid of all cirrus clouds would balance the doubling of CO2; so would using stratospheric particle injection to reflect 2 % of the incoming solar radiation.

But there is no simple solution. For a start, solar geoengineering does not target the root of the problem; it only mitigates its effects. Solar geoengineering has never been tried before. If done incorrectly, it could cause even more global warming; and there could be other unintended consequences. The real challenge, however, may not be technological but rather one of governance. Climate politics is slow and complex; agreeing on using untested technology on a planetary scale could prove impossible. Who decides to use solar geoengineering? Who benefits from it? Who is affected?

Solar geoengineering is a geopolitical issue. The atmosphere has no borders, and the actions of some countries could affect the climate of others. To make matters worse, the science is not always conclusive. Some climate models suggest that almost every region in the world would benefit from solar geoengineering. Other scientists claim that since heat-trapping gases would still operate, temperatures would be more evenly distributed. This would reduce precipitation. Such a geoengineered world would be cooler, but also drier.

Many stakeholders see a moral hazard in solar geoengineering. All efforts are now focused on reducing emissions. With new tools in their climatic toolbox, governments could become complacent. Scientists insist that geoengineering is a supplement and not a substitute for mitigation. For example, solar geoengineering will not solve ocean acidification, and its impact on the water cycle is uncertain. Eventually, part or all the carbon released into the atmosphere will need to be recaptured, regardless of whether geoengineering is used or not.

To some citizens, meddling with the climate may sound like playing god. But across the world, about 40 % of the population live within 100 kilometres of the coast. Rising sea levels will threaten these coastal communities. Many regions will see more intense and frequent summer droughts, extreme weather events, and heavy rainfall. This could strain the fragile agricultural systems in the global South, sparking an exodus of climate refugees. As the consequences of climate change accumulate, the public’s opinion on solar geoengineering could shift rapidly.

Perceptions could be as important as the science. In 1962, the US started a programme to weaken hurricanes through seeding. In 1963, Hurricane Flora caused thousands of deaths in Cuba. The Cuban government accused the US of waging weather warfare. Similarly, any country suffering from extreme weather could blame geoengineers. In addition, geoengineering would be deployed progressively. Its effects would be initially difficult to decouple from natural fluctuations and climate change. Detractors would be quick to discard it as a failed idea.

There is a bigger problem, however. Once started, solar geoengineering cannot be stopped. Assuming that carbon emissions continued, the artificial sunshade would mask increasing amounts of extra warming. If geoengineering ceased abruptly – due to sabotage, technical, or political reasons – temperatures would shoot up rapidly. This termination shock would be catastrophic for humans and ecosystems.

Anticipatory policy-making

Solar geoengineering should only be considered as a last-resort solution. There is ample consensus that cutting emissions is the safest, most economical route to tackling climate change. The world needs a climate champion to accelerate these efforts, and the EU could lead the way.

Ultimately, the debate surrounding solar geoengineering could come down to balancing the risks and benefits. Solar geoengineering is not without risks. However, failing to mitigate climate change will also bring major new risks, disrupt ecosystems across the world, and hit the most vulnerable regions particularly hard.

Ironically, one reason that solar geoengineering may become necessary is the slow pace of international climate negotiations. Yet discussions on geoengineering are following the same path. Should solar geoengineering become necessary, governments need to be ready. The EU could help advance preparedness in this area; for example, by throwing its diplomatic weight behind multilateral initiatives moving in this direction.

The EU and its partners could promote an international governance framework for solar geoengineering. However, all parties must be on board. There are real risks that some of the countries worst affected by climate change could act unilaterally. Even if well-intentioned, this could create geopolitical tension. An international regulation system would ensure that no country ‘goes rogue’, and that geoengineering is not done for some at the expense of others.

The EU could also support research on solar geoengineering. Studies and trials may have been hampered by fears of promoting a quick ‘technofix’. But if geoengineering became necessary to avert disaster, its full effects must be known. Current techniques are criticised for posing a risk to biodiversity, precipitation patterns, and the ozone layer. A better understanding of these problems is the first step towards tackling them. Research could also help governance. For example, counter-geoengineering tools could serve as a deterrent against unilateral action.

Read this ‘at a glance’ on ‘What if we could engineer the planet to help fight climate change?‘ in the Think Tank pages of the European Parliament.

Listen to Science and Technology podcast ‘What if we could engineer the planet to help fight climate change?’ on YouTube.

Categories: European Union

The Brief, powered by FACEBOOK – Fidesz and EPP part ways at last. What now?

Euractiv.com - Wed, 03/03/2021 - 16:51
After years of disagreements, Fidesz's exit from the European People Party’s (EPP) group in the European Parliament was a step long overdue. The question remains, however, where Hungarian Prime Minister Viktor Orbán's puszta populism will find its new shelter.
Categories: European Union

Unlocking electrification through rebalancing levies and taxes

Euractiv.com - Wed, 03/03/2021 - 16:32
The EU needs to look at rebalancing taxes and levies on electricity to match falls in its carbon intensity and incentivise people to transition to more environmentally friendly energy, writes Jan Rosenow.
Categories: European Union

Video games – a long history of commitment to protection of minors – it’s in our DNA [Promoted content]

Euractiv.com - Wed, 03/03/2021 - 16:00
With research showing that more than 51% of Europe's population, and 76% of children aged 6-14 play video games across Europe, a safe online environment is a number one priority for the video games sector, and always has been.
Categories: European Union

[Ticker] MEPs inquiry into Frontex will now be public

Euobserver.com - Wed, 03/03/2021 - 15:56
MEPs will hold a public cross-examination with the head of the EU's border agency Frontex, Fabrice Leggeri, on Thursday (4 March) as part of a wider European Parliament probe known as the Frontex Scrutiny Working Group. An initial draft agenda, seen by this website, had proposed to hold it behind closed doors.
Categories: European Union

Germany places far-right AfD under state surveillance

Euractiv.com - Wed, 03/03/2021 - 15:46
Germany's domestic intelligence agency on Wednesday (3 March) classified the far-right Alternative for Germany (AfD) as a suspected extremist movement, meaning the party can now be subjected to state surveillance, EURACTIV Germany reports.
Categories: European Union

Press release - First meeting of the Frontex Scrutiny Group with Leggeri and Johansson

European Parliament (News) - Wed, 03/03/2021 - 15:45
The EP Frontex Scrutiny Working Group (FSWG) will meet on Thursday with the agency’s Executive Director Fabrice Leggeri and Commissioner Ylva Johansson.
Committee on Civil Liberties, Justice and Home Affairs

Source : © European Union, 2021 - EP
Categories: European Union

Press release - First meeting of the Frontex Scrutiny Group with Leggeri and Johansson

European Parliament - Wed, 03/03/2021 - 15:45
The EP Frontex Scrutiny Working Group (FSWG) will meet on Thursday with the agency’s Executive Director Fabrice Leggeri and Commissioner Ylva Johansson.
Committee on Civil Liberties, Justice and Home Affairs

Source : © European Union, 2021 - EP
Categories: European Union

Political commitments not enough to ratify EU-Mercosur deal, says French minister

Euractiv.com - Wed, 03/03/2021 - 15:34
Mere "political commitments" will not be enough to ratify the agreement between the European Union and Mercosur countries, a French cabinet minister told the informal foreign affairs trade council on Tuesday (2 March), citing environmental and agricultural concerns. EURACTIV France reports.
Categories: European Union

Commission wants to keep fiscal rules suspended in 2022

Euractiv.com - Wed, 03/03/2021 - 15:04
The European Commission said on Wednesday (3 March) that the Stability and Growth Pact should remain suspended next year as the European economy needs additional stimulus to return to the pre-crisis level.
Categories: European Union

French lawmakers denounce EFSA’s ‘toxic’ pesticides assessments

Euractiv.com - Wed, 03/03/2021 - 14:18
More than a hundred French lawmakers have joined forces to denounce the EU’s evaluation of pesticides and demand that the European Food Safety Agency (EFSA) step up its assessments in line with EU regulation, a criticism that the agency rejects.
Categories: European Union

Green and sustainable finance [Policy Podcast]

Written by Stefano Spinaci,

© areeya_ann / Adobe Stock

The dramatic consequences of climate change and environmental degradation have brought the need for a more sustainable economy to the top of the agenda. Transforming the EU economy to make it more sustainable requires large investments, especially for enabling a green and low-carbon transition. Given that the public sector alone cannot cover this financial need, solutions have been sought to bring the private sector on board. Green finance involves collecting funds for addressing climate and environmental issues (green financing), on the one hand, and improving the management of financial risk related to climate and the environment (greening finance), on the other. Sustainable finance is an evolution of green finance, as it takes into consideration environmental, social and governance (ESG) issues and risks, with the aim of increasing long-term investments in sustainable economic activities and projects.

The European Union is a global leader in the above domain. In its 2018 action plan on financing sustainable growth, the European Commission set out the EU strategy to connect finance with sustainability. The first deliverables have been three key regulations seeking to create a classification system to determine whether an economic activity is environmentally sustainable (the ‘taxonomy’); to make disclosures relating to sustainable investments and sustainability risks clearer; and to establish low-carbon benchmarks. The Taxonomy Regulation is particularly important for driving the consistent development of future legislation, as advocated, in particular, by the European Parliament. The Commission will release a renewed sustainable finance strategy in 2021, and a legislative proposal on the green bond standard.

The interest in green and sustainable finance is rising very fast among investors worldwide, and several voluntary private initiatives have tried to create some market standards. Policymakers have also been very active in launching numerous regulatory and non-regulatory initiatives at global or local level. To avoid market fragmentation, there is a demand for greater harmonisation among the different measures. There is also a need to increase the standardisation and disclosure of non-financial information published by companies and used to evaluate the risks. Doing so will help to increase data availability, to make data more comparable, and to bring more transparency and clarity to investors. Given that climate change and environmental degradation are global challenges, international cooperation is in the common interest; the European Union is actively promoting this through the International Platform on Sustainable Finance.

Read the complete briefing on ‘Green and sustainable finance‘ in the Think Tank pages of the European Parliament.

Listen to policy podcast ‘Green and sustainable finance’ on YouTube.

Categories: European Union

Russia warns West after ‘unacceptable’ sanctions

Euractiv.com - Wed, 03/03/2021 - 14:00
Moscow hit back at Western countries Wednesday for sanctioning senior Russian officials over the poisoning of Kremlin critic Alexei Navalny, warning its foes "not to play with fire".
Categories: European Union

UN advance team arrives in Libya to monitor ceasefire

Euractiv.com - Wed, 03/03/2021 - 14:00
The advance team of a UN observer mission has arrived in Libya, which after a decade of conflict and chaos plans to hold elections in December, informed sources said Wednesday (3 March).
Categories: European Union

Orbán’s Fidesz leaves EPP Group before being kicked out

Euractiv.com - Wed, 03/03/2021 - 12:22
Viktor Orbán's Fidesz party is leaving the European People Party's (EPP) faction in the European Parliament, the Hungarian prime minister announced on Wednesday (3 March), after years of disagreements with the conservative group, which was preparing to vote on their expulsion.
Categories: European Union

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