The S&D Group welcomes the adoption by the European Parliament of the important revision of the Market Stability Reserve (MSR) for the EU Emissions Trading System (ETS), the first legislative file of the European Commission’s Fit for 55 package.

Finance professionals identify the biggest risks ahead - supply chain volatility and renewed Covid restrictions

Today, the European Parliament debated the Sixth Assessment Report of the United Nations Intergovernmental Panel on Climate Change (IPCC), following the statement by European Commission vice-president, Frans Timmermans. The S&D Group reiterates its deep concern for the situation at a global level that is becoming more and more drastic.

Following the victory by President Vučić and his ruling SNS party in Sunday’s elections in Serbia, the Socialists and Democrats urge him to finally make a clear pro-European choice, restore democracy and the rule of law and take the enlargement process reform seriously. Serbia must also align to the EU sanctions against Russia following Putin’s war against Ukraine as soon as possible. Otherwise, this will have the consequences for its EU perspective.

WindEurope’s Board of Directors has elected Sven Utermöhlen, CEO Offshore Wind at RWE Renewables, as the Association’s new Chair for an 18-month term. The Board also appointed Kresten Ørnbjerg, VP Head of Global Public Affairs at Vestas, as the new Vice-Chair. The election comes at a critical time for wind energy in Europe.