Lawmakers in the European Parliament's environment committee have agreed by a razor-thin majority to support a 60% European Union emissions reduction target for 2030.
European Union countries have agreed that the bloc's flagship fund to wean regions off fossil fuels should not finance nuclear or natural gas projects, despite calls from some Eastern countries for gas to be eligible for EU funding.
The European Union looks set to slightly beat its goal to get a third of its energy from renewable sources by 2030, but public support will be needed to offset a drop in clean power investment due to COVID-19, the bloc's top energy official said.
The European Commission sought to boost the flow of private money to tackle climate change on Tuesday by publishing guidelines on what qualifies as environmentally friendly investment, in a move welcomed by the financial industry.
