The European Commission has approved a €998 million Dutch initiative under EU State aid rules to promote the production of renewable hydrogen.
Under EU State aid rules, the European Commission has given the green light to a €265 million Swedish measure to support H2GS AB in establishing a large-scale green steel plant.
The European Commission has approved the fourth Important Project of Common European Interest (IPCEI) under EU State aid rules to support research within the hydrogen value chain.
The European Commission has approved, under EU State aid rules, a €280 million Belgian measure to support ArcelorMittal Belgium in partially decarbonizing its steel production processes. The measure will contribute to the achievement of the EU Hydrogen Strategy, the European Green Deal, and the Green Deal Industrial Plan targets while helping to end dependence on Russian fossil fuels and fast forward the green transition in line with the REPowerEU Plan.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
