Marta Pacheco
EU News
EIB to double climate funding to €30bn as extreme weather costs soar
The European Investment Bank's €30 billion for climate financing reflects a shift from climate mitigation to economic protection -- and comes a week before the European Commission is due to present its own climate resilience plan.
EU News
Why is the EU turning up the heat on the Arctic?
The EU’s revamped Arctic strategy puts security at its core, citing growing Russian and Chinese activity in the region. It focuses on ramping up European security capabilities, military mobility with NATO, icebreakers, satellite surveillance, and a maritime security hub.
Europe News
Exclusive: G7’s 100-million-barrel pledge tied to March oil release
The October G7 announcement aims to accelerate and complete the IEA’s March emergency oil-stock release, rather than add a new 100-million-barrel pledge to the original 400 million, according to a document seen by Euronews.
Europe News
Von der Leyen takes on Europe’s refineries amid energy crunch
Europe wants to reduce its dependence on fossil fuels, but while it still relies heavily on oil — particularly diesel — reducing the infrastructure that processes that oil has increased vulnerability during the green transition.