Regulation | 29 April, 2024 at 11:00 PM
EP adopts plans to boost Net-Zero technology production
European Parliament passed the Net-Zero Industry Act to boost EU production of technologies crucial for decarbonization efforts.
European Parliament passed the Net-Zero Industry Act to boost EU production of technologies crucial for decarbonization efforts.
The European Parliament has given its final approval to new regulations requiring companies to address their negative impacts on human rights and the environment.
The European Parliament adopted the provisional political agreement reached with EU countries on new measures to improve air quality in the EU.
The European Parliament adopted new measures to make packaging more sustainable and to reduce the quantity of packaging waste in the EU.
All new buildings should be zero-emission as of 2030; new buildings occupied or owned by public authorities should be zero-emission as of 2028.
The Parliament and Council have reached a preliminary agreement on revised regulations aimed at reducing, reusing, and recycling packaging, and promoting the circular economy.
MEPs want stricter limits to achieve zero pollution by 2050.
MEPs back plans to boost the use of renewable energy.
MEPs back plans for a climate-neutral building sector by 2050. Buildings account for 36% of greenhouse-gas emissions. New buildings to be zero-emission from 2028. Member states will establish the measures needed to achieve these targets in their national renovation plans.
The European Parliament votes to reduce member states' emissions by 40%. All EU countries must reduce emissions by 2030 compared to 2005. Reduction targets for each member state are based on GDP per capita and cost-effectiveness.
The European Parliament has approved including REPowerEU measures in national plans to be more independent from Russian fossil fuels, speed up the green transition and tackle energy poverty.
The European Parliament has approved the new CO2 emissions reduction targets for new passenger cars and light commercial vehicles, part of the “Fit for 55” package.
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.
