During the Africa Climate Summit in Nairobi, President of the European Commission Ursula von der Leyen and President of Kenya Ruto launched the Green Hydrogen Strategy and Roadmap for Kenya, supported by the Global Gateway, Europe's investment strategy for the world.
The Global Green Bond Partnership (GGBP) was launched in San Francisco, at the Global Climate Action Summit (GCAS). This new partnership will support efforts of sub-national entities such as cities, states, and regions, corporations and private companies, and financial institutions to accelerate the issuance of green bonds.
During the April plenary session, the European Parliament discussed and adopted five fundamental laws of the “Fit for 55 in 2023 package”, approving the deals that had already been reached at the end of 2022 with the member states: the Carbon Border Adjustment Mechanism, the reform of the EU’s Emissions Trading System and a new Social Climate Fund to combat energy and mobility poverty. Let's get into the latter.
The European Commission launched a call for ideas on the setting up of a European Innovation Council
The clear inability of the European governments to face the crisis should lead to a rapid strengthening of the European Union for a unitary, coordinated and rapid management of health, economic and social emergencies. Having lost its digital and productive supremacy, Europe must not give up its cultural and civil supremacy.
A company can have several objectives beyond the simplistic but correct aim of profit maximization: these can extend to growth into new or foreign markets, the development of a social responsibility program, an increase in market share in its sector, networking for future opportunities, internationalization etc. or even the necessary fight for survival in these post great recession times.
The World Bank Group, in order to tackle the medical crisis, will be providing up to $ 160 billion over the next 15 months in financing for delivering record levels of support in order to help countries protect the poor and vulnerable, reinforcing health systems, maintaining the private sector, and bolstering economic recovery.
The increasingly asymmetrical crisis compels Brussels to safeguard the single market, thus avoiding losing businesses and jobs. The Commission is called to present the most ambitious proposal, avoiding mediations.
Cities will play an ever more important role within the EU urban dimension and cohesion policy 2021-2027. But more cooperation will be required with Member states especially when it comes to concretely involve cities in the EU decision making process and to directly learn from cities’ experience on the ground.