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France, Finland, Denmark, and Spain are among the European Union's most vocal supporters of a plan to slash carbon emissions by 90% from 1990 levels by 2040, the Guardian reports.
According to Euractiv, the EU's climate commissioner Wopke Hoekstra says he "senses significant support" for the plan, which would see a 55% cut in carbon emissions by 2030 and a net-zero emissions goal by 2050.
The plan is still being debated by EU environment ministers, who met in Brussels on Monday.
The New York Times reports the plan would see the EU's carbon emissions cut by 80% from 2005 levels by 2030 and by 90% from 1990 levels by 2040.
According to the Guardian, the plan would also see the EU's greenhouse gas emissions fall by 50% from 2005 levels by 2030 and by 80% from 1990 levels by 2050.
But not everyone is in favor of the plan.
The Czech Republic, Greece, and Poland are among the countries that oppose the plan, saying it's too ambitious and would hurt their economies, the Times reports.
According to Euractiv, half of EU countries are opposed to the plan and want more time to consider it. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more
Environmental, social, and governance (ESG) investing has gained popularity in recent years as clients seek to align their investments with their values and promote positive change in the...more
Foundation: Silicon Valley Community Foundation, California Endowment
In 2024, Los Angeles will host the Mission Investors Exchange 2024 National Conference, an annual conference that brings together more than 750 philanthropy and impact investing leaders from across...more
Foundation: California Community Foundation, California Endowment
Ava DuVernay financed her latest film with money from the Giving Pledgean initiative of the California Endowment, the largest US foundation to commit its entire $4 billion portfolio to social and...more
In what may be a first for a major US city, Los Angeles has been chosen as the site of the 2024 Mission Investors Exchange National Conference, a conference that will focus on "investing in social...more
"No one country and no one organization can achieve this alone," says GEAPP Chief Communications Officer Kate Wills. "This is why we are committed to forming an ever widening and diverse alliance...more
The University of Utah's Wilkes Center for Climate Science and Policy has narrowed its list of finalists for its $500,000 Climate Launch Prize to seven. The goal of the prize, which is one of the...more
"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads. "You actually are moving someone from...more
Foundation: Citi Foundation
"To the youth, I urge you to be proactive, resilient, and persistent on your entrepreneurial journey," says the UN's resident representative in the Philippines. "Make your voices heard, take up...more
Canada is putting its money where its mouth is, with a $2.5 million investment in five projects in India meant to help the country's poor, the Toronto Star reports. "Many of these novel projects...more
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
