Last week, the European Council of Environment Ministers discussed relevant climate issues. One of the topics under discussion was the Commission’s Communication “A roadmap for moving to a competitive a low-carbon economy in 2050”, which proposes a domestic emission reductions of 40 percent by 2030 and 80 percent by 2050 compared to 1990.
The Council also adopted conclusions with a view to the UN Conference on Sustainable Development (Rio + 20), in which it reaffirms the EU commitment to play an active role in the ongoing negotiations in order to contribute to an ambitious outcome of the Conference. Specifically, the EU expects the Conference will produce a focused, ambitious and action-oriented document, including concrete and timely follow-up actions, that will also show a renewed political commitment to sustainable development. To developing an inclusive green economy, the European Council agreed on five priority areas, namely sustainable energy, water, sustainable land management and ecosystems, oceans and resource efficiency with a particular focus on waste.
Read the full story in the latest issue of by Marinella Davide. This week news from Scotland where the government announced a program for the installation of CCS in all existing coal- fired plants by 2025; South Korea signed a memorandum of agreement with Indonesia whereby it will receive 100 million tons of carbon emission credits over the next decade in return for planting trees in a 200,000-hectare plot of land in Indonesia by 2020, and of course the latest news from the Carbon Market.
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