Luxembourg
Europe produced 225.7 million tonnes of municipal waste in 2020, according to new research
The decision has had heavy criticism from certain countries, with some threatening legal action
The agency has asked Luxembourg ‘to adopt new measures that boost investment in renewable energy and efficiency’ to stay on track to reduce emissions by 55% till 2030
A new report suggests Western Europe continues to lead the world in terms of green finance
The country is providing $500,000 to the International Network of Financial Centres for Sustainability
The company has been valued at more than €1bn
It will cover the period from January 2017 to December 2022
The government will compensate large energy users for higher electricity prices resulting from indirect emissions costs
Luxembourg and the European Investment Bank (EIB) have launched a platform to fund projects aimed at tackling climate change. Under the Luxembourg-EIB Climate Finance Platform, the nation will make €30 million (£26.7m) of funding available in the next three years. It will allow the EIB to co-invest and will bring in third-party investors from the private […]
The European Commission has launched an in-depth investigation into Luxembourg’s tax arrangements with French utility ENGIE. It has concerns several tax rulings issued by Luxembourg may have given the utility an “unfair advantage” over other companies. The Commission states they appear to treat the same financial transaction in an “inconsistent way, both as debt and […]