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Climate finance: resources for low-carbon, climate-resilient Europe

Our climate is changing. We must reduce greenhouse gas emissions to limit the rate of climate change, and at the same time, take measures that help us prepare for current and future impacts. Both of these strands of action require unprecedented redirection of investments. This was acknowledged by the climate conferences in Paris and recently in Marrakesh. The finance sector can and will play an instrumental role in supporting Europe’s transition towards a low- carbon, climate-resilient society.

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Beyond Paris: making low-carbon economy happen

Last December in Paris, the world set itself an ambitious target: limiting the global average temperature rise well below 2 degrees, while aiming to limit the increase to 1.5 degrees above pre-industrial levels. At the G20 summit earlier this month, China and the United States announced their formal commitment to join the Paris agreement. This is a major step forward for the international effort to cut greenhouse gas emissions and limit global warming. Nevertheless, the current reduction commitments made so far by signatory countries are not sufficient to meet this ambitious target.

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Electric vehicles: moving towards a sustainable mobility system

Modern society depends on the movement of goods and people, but our current transport systems have negative impacts on human health and the environment. We spoke to Magdalena Jóźwicka, project manager of an upcoming report on electric vehicles, about the environmental advantages and challenges of using electricity as an alternative to conventional fuels for vehicles.

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Sustainable management is the key to healthy forests in Europe

Forests in Europe provide us essential services: clean air, clean water, natural carbon storage, timber, food and other products. They are home to many species and habitats. We talked about the challenges Europe’s forests face with Annemarie Bastrup-Birk, forest and environment expert at the European Environment Agency.

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Climate agreement: towards a low-carbon, climate resilient world

The climate deal agreed in Paris by 195 countries is the first-ever universal and legally binding agreement of its kind. The Paris agreement is the result of many years of preparation, dialogue and growing awareness of the need to tackle current and potential impacts of climate change. It constitutes a major and promising step towards building a low-carbon and climate-resilient world. It also sends a clear signal to policy makers and businesses to move away from fossil fuels and invest in clean energy and adaptation actions.

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Green infrastructure: better living through nature-based solutions

Green infrastructure offers attractive solutions to environmental, social and economic issues, and as such needs to be fully integrated across different policy domains. As the EEA prepares to publish a report on the role of green infrastructure in mitigating the impacts of weather and climate change related natural hazards, we spoke to its lead author, Gorm Dige, project manager for territorial environment, policy and economic analysis.

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Climate change and the seas

Climate change is warming the oceans, causing acidification of marine environments, and changing rainfall patterns. This combination of factors often exacerbates the impacts of other human pressures on the seas, leading to loss of marine biodiversity. Many human livelihoods depend on marine biodiversity and ecosystems, so action to limit ocean warming must be taken quickly.

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Climate change and investments

Measures to mitigate and adapt to climate change are often considered to be expensive, and are seen as an additional burden on the economy. But European countries are already spending public and private funds on research, infrastructure, agriculture, energy, transport, urban development, social protection, health, and nature conservation. We can ensure that our existing expenditure on these areas favours climate-friendly and sustainable options that will help to create new jobs.

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Soil and climate change

Soil is an important — and often neglected — element of the climate system. It is the second largest carbon store, or ‘sink’, after the oceans. Depending on the region, climate change might result in more carbon being stored in plants and soil due to vegetation growth, or more carbon being released into the atmosphere. Restoring key ecosystems on land, and a sustainable use of the land in urban and rural areas, can help us mitigate and adapt to climate change.

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Mitigating climate change

2014 was the hottest year on record. It was also one more year in series of increasingly warm decades. To limit global warming to 2°C above pre-industrial levels and minimise the impacts of climate change, greenhouse gases released into the atmosphere need to be reduced substantially. Governments can set targets, but it is ultimately up to industry, businesses, local authorities, and households to take action. This action must aim to ensure that emissions are reduced, atmospheric greenhouse-gas concentrations stabilised, temperature rises halted, and climate change limited.

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Climate change: investing in low-carbon solutions and adaptation

Our climate is changing. We need to adapt to current and expected changes, while maximising our efforts to quickly and sharply reduce our greenhouse gas emissions. And 2015 can be a turning point for global climate policies. Europe and the world must seize the opportunity and allocate sufficient funds to end the carbon dependency of the global economy.

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A strong environment as the basis for Europe's future economy

Europe selected its new policy makers. They will need to address not only today's challenges but also set in motion policies that will affect Europeans well beyond their five-year mandate. What do they need to do today to make sure that Europeans live well in the future? By taking action at the EU level and tackling environment and climate issues, EU policy makers can actually revive the economy and guarantee our long-term well-being.

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EU policies deliver greenhouse gas emission reductions

The European Union has been reducing its greenhouse gas emissions since 1990. The EU has ‘over-achieved’ its Kyoto target for the period 2008–2012 and is projected to ‘over-achieve’ its 2020 targets. Can we reduce GHG emissions and have a strong economy at the same time? What was the impact of the recent recession on the EU’s GHG emissions? Does policy work?

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Every breath we take

Every breath we take

15 Apr 2013

We breathe from the moment we are born until the moment we die. It is a vital and constant need, not only for us but for all life on Earth. Poor air quality affects us all: it harms our health and the health of the environment, which leads to economic losses. But what does the air we breathe consist of and where do the various air pollutants come from?

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Forests, health and climate change

Forests are essential to our survival and well-being. Forests clean our air, our water, our soil and they regulate our climate, amongst many other things. Trees and forests are not always associated with urban landscapes. However, there too they provide invaluable, often invisible, services. Simply by acting as 'green oasis' in our concrete jungles, they offer recreation and health services for many European citizens.

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Reducing speed limits on motorways: how good is it for the environment?

Lower speed limits on motorways are generally associated with road safety. But several European countries are now debating whether they also benefit the environment and, if so, how much. There is no simple way of measuring the environmental benefits of lower speed limits but several factors clearly play a key role.

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Tackling climate change requires a shift to a resource efficient, low carbon and green economy

Climate change is happening. The current global average temperature is already about 0.7-0.8 degree Celsius above the pre-industrial level. Even if greenhouse gas (GHG) concentrations had stabilized in the year 2000, temperatures are predicted to increase by 1.2 degrees Celsius above the pre-industrial level by the end of the 21st century.

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Climate change "mitigation impossible" without transport

As the source of substantial and rapidly growing greenhouse gas emissions, transport must clearly be part of a global agreement to mitigate climate change.

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Urban frontrunners — cities and the fight against global warming

Barcelona is becoming a leader in solar energy use, Malmö is developing a carbon neutral residential area and London is setting ambitious greenhouse gas reduction targets. Cities are joining in the fight against climate change.

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Not just hot air — global diplomacy and the search for a successor to the Kyoto Protocol

Every winter the gates of Copenhagen's famous Tivoli Gardens, an old-world amusement park in the city centre, open to officially mark the beginning of the extended Christmas period. This December the twinkling lights of Tivoli will most likely be outshone by COP 15 — the most important global climate change meeting ever — as thousands of diplomats, politicians, business people, environmentalists, media and climate experts from around the globe flock to the Danish capital.

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European Environment Agency (EEA)
Kongens Nytorv 6
1050 Copenhagen K
Denmark
Phone: +45 3336 7100