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Europe Daily Bulletin No. 12388

12 December 2019
Contents Publication in full By article 7 / 26
GREEN DEAL EUROPÉEN / Finance
European Commission announces a new strategy on sustainable finance for 2020
Brussels, 11/12/2019 (Agence Europe)

The European Commission announced on Wednesday 11 December, as part of its Green Deal, that a new strategy on sustainable finance will be launched in the third quarter of 2020 to further mobilise private funding for the transition.

One of the milestones of its strategy is based on the taxonomy on sustainable finance, on which the European Parliament and the EU Council have yet to agree (see other news), it stressed.

The Commission also confirms that it intends to review the Non-Financial...

Contents

GREEN DEAL EUROPÉEN
CLIMATE/ENVIRONMENT: Green Deal roadmap lays foundations for a Europe of green growth that respects planet
CLIMATE/ENVIRONMENT: at European Parliament, Ursula von der Leyen invited to “reconsider her position” on ‘Green Deal’
REGIONS: Commission confirms rapid presentation of Just Transition Mechanism
ENERGY: decarbonisation of European energy system, an essential condition for success of Green Deal
TRANSPORT: Commission intends to make rail and inland waterways preferred modes of transport for goods
TRADE: carbon border adjustment mechanism so as not to affect the competitiveness of European industry
FINANCE: European Commission announces a new strategy on sustainable finance for 2020
EUROPEAN COUNCIL
CLIMATE: a European summit to convince three reluctant countries to approve objective of climate neutrality for EU in 2050
BUDGET: EU leaders to reiterate their red lines on EU’s financial framework for 2021-2027
EMU: euro area leaders will provide guidance on work to deepen economic and monetary union
UNITED KINGDOM: EU-27 to recall key principles for the future bilateral post-Brexit relationship
FOREIGN AFFAIRS: Minsk agreements, relations with Turkey, EU-Africa partnership and WTO crisis on European Council agenda
FUTURE OF EU: EU leaders will briefly discuss modalities of Conference on Future of Europe
INSTITUTIONAL
BUDGET: European Parliament rapporteurs hope for “different approach” in EU Council to seal agreement on 2021-2027 financial framework
COMMISSION: Commission assigns certain Directors-General to head other Directorates-General
ECONOMY - FINANCE - BUSINESS
FINANCE: no majority in EU Council in favour of compromise on taxonomy on sustainable finance
SECTORAL POLICIES
COHESION: provisional partial agreement reached between European Parliament and EU Council on Common Provisions Regulation
FISHERIES: Member States agree on quotas and fishing days in Mediterranean for 2020
AGRICULTURE: Commission expects an increase in EU milk production over 2019-2030 period
HEALTH: too many people are still deprived of care, says Médecins du Monde
EXTERNAL ACTION
SERBIA: opening of accession negotiation chapter on free movement of capital
MOROCCO: EU funds have a limited effect, emphasises European Court of Auditors
COURT OF JUSTICE OF THE EU
SLOVENIA/CROATIA: Court of Justice of European Union does not have jurisdiction to rule on boundary dispute over Piran Bay, according to Advocate General
NEWS BRIEFS
INDUSTRY: political agreement in EU Council on emission tests under real driving conditions
JUSTICE: Ursula von der Leyen promises “stronger response” from Commission to anti-Semitism
TURKEY: Ms Arena welcomes ECHR ruling in case of Osman Kavala