EU climate investments lagging ‘well below’ target: report
European Union flags flap in the wind outside of EU headquarters in Brussels (AP) BRUSSELS: Climate investments in the 27-nation EU are still far below what is needed to transition away from fossil fuels, a new report warned Tuesday, spotlighting lagging investments in wind power and building renovation.After a stretch of sustained growth, public and private investments in key climate-related sectors, energy, buildings, transport and clean-tech manufacturing, have been flatlining in recent years, said the report by the Institute for Climate Economics (I4CE). Between 2022 and 2023, EU-wide investments grew...