Finance

EU Taxonomy: The case of listed real estate
Renovations have a much greater climate mitigation potential than new constructions. Discover why we must look at a building’s whole life cycle and embodied carbon if we want to align the built environment with the EU’s climate objectives.

Foreign investment in European ‘unicorns’: A hollow debate?
Est. 4minThe acute lack of venture capital in Europe means that 40-60% of funding rounds greater than €10 million are financed by American firms. For the directors of the French fund Idinvest, this is not a problem. Our partner La Tribune reports.

COP21 celebrations, but governments must mind the emissions gap
Est. 5minWorld governments today (12 December) agreed a historic international agreement to fight global warming at the UN Climate Change Conference (COP21) in Paris.

Member states limit new flexibility clauses in EU fiscal pact
Est. 6minEXCLUSIVE / EU member states believe the European Commission is giving too much breathing space to struggling national economies when applying the Stability and Growth Pact, and decided to adopt a more restrictive view of EU fiscal rules, according to an official paper seen by EURACTIV.

Pacific islands demand easier access to climate finance
Est. 4minSPECIAL REPORT / "The waves will not wait for the funding to be allocated before flooding our islands," the small islands of the Pacific have warned. But climate finance is often beyond their reach. EURACTIV France reports.

Paris pushes other cities to bolster Green Climate Fund
Est. 4minThe host city of the COP21 has announced a contribution of €1 million to the Green Climate Fund, and is mobilising support from municipalities the world over. EURACTIV France reports.

COP21: Indian officials accuse OECD of exaggerating climate aid
Est. 4minA row has broken out at the Paris climate talks as Indian officials accused one of the world’s leading think tanks of exaggerating the amount of money given to poor countries to help them cope with global warming.

France targets African renewables projects for climate finance
Est. 5minAfrican countries are among the world's smallest emitters of CO2, but are on the front line of climate change. France has pledged additional funding for climate adaptation, amid accusations of recycling old money. EURACTIV France reports.

Small telcos and consumer groups team up against former monopolies
Est. 3minSmall telecoms, and consumers and civil liberties advocates launched the NetCompetition alliance on Monday (16 November), at the European Competitive Telecommunications Association (ECTA) conference in Brussels.

Half of French climate finance spent on building renovation
Est. 5minBuilding renovation absorbed half of France's energy transition finance in 2013, or €36 billion, while the country spent €54 billion on oil and gas. EURACTIV France reports.

EU poised to delay landmark financial markets reforms
Est. 4minThe European Union's major reform of financial market rules faces a delay of a year to January 2018 to give the financial services industry more time to prepare, a senior European Commission official said on Tuesday (10 November).

Brussels and Naples at risk of flooding if temperatures rise by 4°C
Est. 4minRising sea levels caused by climate change could destroy the homes of 700 million people and flood large parts of Europe. EURACTIV France reports.

COP21 deal at risk over development aid ‘greenwashing’
Est. 6minDevelopment aid commitments by European Union countries are at “increasing risk” of being greenwashed to meet climate finance promises to poorer nations that could be a “deal-breaker” for an international agreement to cap global warming later this month.

Piketty: Rich individuals must foot bill for climate change
Est. 5minIndividuals, not states, should be charged for the CO2 they emit. This idea is central to the system proposed by French economist Thomas Piketty, which would place more responsibility for climate change at Europe’s door. EURACTIV France reports.

A year on, challenges remain for Europe’s single banking supervisor
Est. 5minA year after it took up its duties as Europe's banking watchdog, observers say the Single Supervisory Mechanism is doing a good job, but challenges nevertheless remain.

MEPs approve rules shining a light on ‘shadow banking’
Est. 2minFinancial transactions using shares, or other assets, to secure credit, will come under greater scrutiny after the European Parliament approved a new law on Thursday (29 October) on the 'shadow banking' sector.

Commission leaves door open for Greek bail-in
Est. 3minEuropean Commission Vice-President Valdis Dombrovskis warned Athens on Tuesday (27 October) of a possible haircut in Greek deposits in the event that the first bailout review was not completed this year. EURACTIV Greece reports.

Spanish banks may have to repay billions in ‘abusive’ fixed-rate mortgages
Est. 4minThe European Commission welcomed the end of the bailout programme for Spanish banks, but now may be putting the country’s financial stability at risk, as it seeks further action against 'abusive' mortgage clauses, it was reported on Tuesday (27 October).

Least developed countries set the standard for climate action ahead of COP21
Est. 5minThe least developed countries have all submitted their national contributions for the COP21. Many of these texts are highly ambitious, but depend on uncertain finances. EURACTIV France reports.

Mandelson: Brexit renegotations would take ‘up to 10 years’
Est. 7minFormer EU Trade Commissioner Peter Mandelson has warned eurosceptics that a British renegotiation of its relationship with Europe after a ‘Brexit’ would take up to a decade.

Climate finance – ace up the sleeve for developing countries at COP 21?
Est. 6minClimate finance and divestment appear to be increasingly vital to a universal agreement to decarbonise the global economy. But bursting the ‘carbon bubble’ could crash the global economy. Our partner La Tribune reports.

Climate finance: The Global North is failing on its $100 billion promise
Est. 4minA report by the OECD has found that efforts will need to be stepped up if developed countries plan to honour their promise of providing $100 billion per year to the Global South from 2020. Journal de l'Environnement reports.

MEPs green light new online payment rules
Est. 3minMEPs approved rules on Wednesday (7 October) to cut costs imposed on online payment services and to make them safer and more resistant to fraud. Legislators say the new measures will boost the growth of innovative online services in the payments sector.

European Commission intensifies charm offensive to court startups
Est. 7minThe Commission's initiative on startups has revamped its image, and is speeding up a campaign to catch the attention of Europe's entrepreneurs.