Explainer: climate neutral data centre pact
Explanatory note on the climate neutral data centre pact
The global climate crisis is inadequately addressed, says UNEP report
The latest United Nations Environment Programme report analysed the progress of policies and pledges made since COP26, giving suggestions for starting and speeding up transformations needed to address the emission gaps.
COP27 fails to agree more ambitious emissions targets
COP27, labelled as the implementation COP, failed to agree on an end to fossil fuel consumption and did not set more ambitious targets to reduce greenhouse gas emissions. Nevertheless, the meeting was able to make some progress on climate financing, notably to start for the first time to establish funding for loss and damage. COP27 discussions ended on 20 November.
Many more large companies must report on sustainability matters from 2025
All large companies in the EU and certain non-EU companies will be required to disclose data on their environmental, social and governance impacts, as well as any sustainability risks they are exposed to. The new rules set out in the Corporate sustainability reporting directive will start to apply from 2024.
BEREC consults on environmental indicators for the telecoms and digital sector
The Body of European Regulators for Electronic Communications (BEREC) is consulting until 2 December 2022 on relevant indicators to measure the environmental footprint of the telecom sector. BEREC wants to gather views on which indicators are used or would be useful to measure industry players’ environmental footprint and performance.
Parliament and Council agree on stricter emission reduction targets for EU member states
The Council and European Parliament reached a provisional political agreement to revise the effort sharing regulation on 8 November 2022. The emission reduction targets that EU member states must collectively achieve by 2030 were increased by ten percentage points.