Bangladesh says $300 billion climate finance goal falls short, calls for more support
Bangladesh has called for increased climate financing and faster delivery of support to vulnerable nations, arguing that current global funding commit...
A high-level EU summit on Friday reaffirmed Europe’s commitment to electric cars, with the Commission holding firm on CO2 targets through 2035 despite industry calls for flexibility.
EU Commission President Ursula von der Leyen met with top automotive executives in Brussels for a three-hour “Strategic Dialogue” to discuss the sector’s future amid economic and environmental pressures.
An industry source told that the discussions confirmed a shared understanding: “No matter what, the future is electric,” while also noting that carmakers recognize the need to transition to zero-emission vehicles.
European manufacturers had called for more flexibility in CO2 target enforcement. Yet officials emphasized that the 2035 phase-out of combustion engine vehicles remains unchanged, as Brussels seeks climate neutrality by 2050.
Audi CEO Gernot Döllner said battery-electric cars are the best solution for reducing transportation emissions, warning that debates over combustion engines risk confusing consumers. Michiel Langezaal, CEO of Fastned and president of ChargeUp Europe, echoed the sentiment, highlighting the need for a growth mindset and coordinated action to lead the global e-mobility transition.
The sector faces challenges including falling sales, high energy costs, subsidized competition from China, and US trade tariffs. EU industry chief Stéphane Séjourné warned in April that Europe risks losing its global automotive leadership if structural issues are not addressed.
Sigrid de Vries, director general of the European Automobile Manufacturers’ Association, said battery electric vehicles still account for just 15.6% of passenger cars and 9% of vans in the EU-27. She stressed that widespread adoption depends on improved infrastructure, grid upgrades, and consistent incentives.
Carmakers argue that electric vehicles must become more attractive than combustion-engine cars, requiring purchase incentives, fair taxation, lower charging costs, and easier city access. Heavy-duty vehicle infrastructure, modernized grids, and reduced electricity prices are also key priorities.
The automotive industry remains central to Europe’s economy, employing over 13 million people and contributing around 7% of the EU’s GDP, making the success of the e-mobility transition critical for both climate goals and economic stability.
At least thirteen people have died and sixty-six have been injured following an explosion at Qatar's main liquefied natural gas (LNG) processing hub at Ras Laffan, authorities said on Sunday.
Cape Verde’s remarkable FIFA World Cup debut continued on Sunday (21 June) as the tournament newcomers held Uruguay to a 2-2 draw. Goalkeeper Vozinha was once again at the centre of the story, this time with his mother watching from the stands.
Tehran has agreed to let the International Atomic Energy Agency (IAEA) recommence inspections of its nuclear programme, U.S. Vice President JD Vance has said. The U.S. and Iran have settled on a 60-day roadmap aimed at reaching a final deal, according to mediators Qatar and Pakistan.
Armenia and Azerbaijan have agreed on a landmark internet deal that will allow traffic to pass through Azerbaijani networks.It's the latest deal to highlight the ongoing peace process between the two countries.
A Ukrainian strike has damaged a school building in a Russian-controlled area of Ukraine’s Zaporizhzhia region, according to local authorities cited by the TASS news agency. No injuries were reported in the incident.
Major technology, telecom, aviation and crypto-related firms have pledged to strengthen cooperation to tackle the illegal wildlife trade according to statements made at a business forum convened by United for Wildlife during London Climate Action Week.
Scientists have identified almost 166,000 square kilometres of coral reefs worldwide that appear capable of surviving and recovering from the impacts of climate change, offering new hope for some of the planet's most vulnerable marine ecosystems.
Australia's weather bureau warned on Tuesday that an El Niño weather pattern has formed in the tropical Pacific and could intensify in the second half of 2026, becoming one of the strongest events recorded in seven decades.
France’s parliament has formally recognised state responsibility for the use of the toxic pesticide chlordecone in Martinique and Guadeloupe, marking a significant step in addressing decades of environmental contamination and public health concerns.
Financial markets are significantly underestimating the economic impact of biodiversity loss, potentially leaving countries exposed to sovereign debt crises and rising borrowing costs, according to new research published on Friday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment