Tag Archives: European Union (EU)

Around 21% of the overall budget will be invested in climate-related projects.

Iranian and European diplomats will continue their talks on the EU financial mechanism for trade with Iran. known as INSTEX. in the coming weeks.

Coal is responsible for 30 per cent of all energy-related carbon dioxide emissions.

Future financing will aim to accelerate clean energy innovation. energy efficiency and renewable energy technologies.

Despite the U.S. exit from the Iran deal. Tehran remained fully compliant with the international document for a year.

Regardless of whether or not the Paris Agreement is legally binding. the US has committed to cut 26-28% of its greenhouse gas emissions by 2025.

In a joint statement. finance experts from the EU have said divesting from oil. gas and coal projects would signal a significant shift in the region’s efforts to tackle emissions. pollution and climate change.

Iranian President said the country plans to remain in the 2015 nuclear deal. known as the Joint Comprehensive Plan of Action (JCPOA). arguing that by staying in the agreement the Islamic Republic will reach a major security goal next year.

France. Germany. Britain and the European Union said they are extremely concerned by Iran'.s decision to restart nuclear activities at one of its key sites.

This financial system has been suggested too late and [it] operates at a low level. It has not been yet fully implemented.