Accounting for 24% of direct CO2 emissions from fuel combustion, the transport sector is set to play a critical role in the global decarbonisation effort. Almost three-quarters of these emissions derive from road vehicles, while, despite the impact of the Covid-19 pandemic, emissions from aviation and shipping continue to increase. There are a number of alternative fuels and technologies that are cleaner than combustion vehicles, including biodiesel, biogas, electric, hybrid or hydrogen powered vehicles. Another technology that is ra

The EU taxonomy for sustainable activities was officially published in June 2020. It is the first official document to define and classify sustainable economic activities across Europe. Six months later, the People’s Bank of China (PBOC), National Development and Reform Commission (NDRC), and China Securities Regulatory Commission (CSRC) published a new edition of the China Green Bond Endorsed Project Catalogue (the Catalogue). This is the first time that all three Chinese regulatory authorities have reached an agreem

Janusz Wojciechowski, Frans Timmermans, Adina Valean, Ursula von der Leyen, Paolo Gentiloni, Kadri Simson, Virginijus Sinkevicius | Photo credit: European Commission Audiovisual On 14 July 2021, the European Commission adopted the ‘Fit for 55’ package of legislative proposals, aimed at putting the European Union’s economy and society on the right trajectory for a 55% reduction in GHG emissions by 2030. This is arguably the most comprehensive set of proposals the Commission has ever presented on climate and energy, pr

Following the successful online webinar series "China: Carbon Neutral By 2060 – The Business Opportunities For EU Energy Solutions Providers",ECECP invited In3act Business Strategy Advisory to contribute an article on Carbon Neutrality for the EU China Energy Magazine 2021 Summer Issue. An abridged version will be included in the magazine and below is the unabridged and unedited version. In3act Business Strategy Advisory is a member of the European Union Chamber of Commerce in China. Guido G