Europe cuts interest rate as expected – Euro currency news daily

mennessä CrNet Oy | syys 16, 2024 | Science and Research News of Sustainable Development

The European Central Bank (ECB) met expectations on 12 September delivering a widely anticipated 25 basis point rate cut. President Lagarde confirmed that the decision was unanimous, and the accompanying monetary policy statement dampened expectations for another cut...

ECB cuts interest rates by quarter point to 3.5%

mennessä CrNet Oy | syys 13, 2024 | Science and Research News of Sustainable Development

The European Central Bank (ECB) cut interest rates by another 0.25 percentage points on Thursday. The Frankfurt-based financial institution reduced its key deposit rate to 3.5%, as expected, providing further relief to eurozone households and businesses. “Recent...

Copenhagen innovates to combat flooding

mennessä CrNet Oy | syys 12, 2024 | Science and Research News of Sustainable Development

Copenhagen is rising to the challenge of a wetter climate with innovative strategies to manage increasing rainfall and prevent flooding. The city anticipates an average of 30% more rainfall in the future, with more frequent and severe storms. To adapt and thrive,...

Growing Key Biomethane Crop on Peat Emits 3 Times More CO2 Than Using Natural Gas

mennessä CrNet Oy | syys 11, 2024 | Science and Research News of Sustainable Development

There has been a rapid expansion in growing crops such as maize to produce biomethane as a cleaner alternative to fossil fuels, to help reach Net Zero. But some of this increased cultivation, on drained peat, is emitting three times more carbon dioxide than it is...

Methane emissions are rising faster than ever

mennessä CrNet Oy | syys 11, 2024 | Science and Research News of Sustainable Development

The world has not hit the brakes on methane emissions, a powerful driver of climate change. More than 150 nations have pledged to slash by 30% this decade under a global methane pledge, but new research shows global methane emissions over the past five years have...

Commission launches project and gathers experts to address Long COVID

mennessä CrNet Oy | syys 10, 2024 | Science and Research News of Sustainable Development

On Tuesday, the Commission will launch a €2 million project, funded by the EU4Health programme, with concrete actions to address Long COVID. The project will be managed by the Word Health Organisation (WHO) and the Organisation for Economic Co-operation and...