European Green Pact: New EU-Norway Green Alliance

The EU and Norway have signed an agreement to strengthen their cooperation in the fight against climate change and environmental protection, creating the EU-Norway Green Alliance. Both parties are committed to achieving carbon neutrality by 2050 and to supporting developing countries in implementing climate policies.

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

*renews at 199$/year, cancel anytime before renewal.

The European Union (EU) and Norway have established a Green Alliance to strengthen their joint climate action, environmental protection efforts and cooperation on clean energy and industrial transition. The agreement was signed in Brussels by the President of the European Commission, Ursula von der Leyen, and the Norwegian Prime Minister, Jonas Gahr Støre.

Reaffirmation of 2030 and 2050 targets

President von der Leyen said: “Norway is a long-standing and reliable partner for the EU and we share a common vision to build a carbon neutral continent. We want our societies and economies to prosper together while reducing emissions, protecting nature, decarbonizing our energy systems and greening our industries. This Green Marine strengthens our bond and allows us to design a better future together.

Both parties reaffirm their commitment to their respective 2030 targets of at least a 55% reduction in greenhouse gas emissions compared to 1990, and achieving climate neutrality by 2050. They aim to keep the global temperature increase within the 1.5°C limit set by the Paris Agreement while ensuring energy security, environmental protection and human rights.

Alignment of climate policies

A green alliance is the most comprehensive form of bilateral commitment established under the Green Pact for Europe, with both parties committing to climate neutrality and aligning their domestic and international climate policies to pursue this goal. This is only the second such agreement, after the EU-Japan Green Alliance signed in 2021.

The EU and Norway also agree to jointly promote ambitious climate action on the global stage. To this end, both parties, as major donors of climate finance, will cooperate to support developing countries and emerging economies in the process of implementing their climate and environmental policies. To help keep the global temperature increase within 1.5°C, the agreement confirms that full respect for the precautionary principle is paramount in the Arctic region.

Brazilian authorities have launched a large-scale operation targeting a money laundering system linked to the fuel sector, involving investment funds, fintechs, and more than 1,000 service stations across the country.
A national study by the Davies Group reveals widespread American support for the simultaneous development of both renewable and fossil energy sources, with strong approval for natural gas and solar energy.
The South Korean government compels ten petrochemical groups to cut up to 3.7 million tons of naphtha cracking per year, tying financial and tax support to swift and documented restructuring measures.
The U.S. Department of Energy has extended until November the emergency measures aimed at ensuring the stability of Puerto Rico’s power grid against overload risks and recurring outages.
Under threat of increased U.S. tariffs, New Delhi is accelerating its energy independence strategy to reduce reliance on imports, particularly Russian oil.
With a new $800 million investment agreement, Tsingshan expands the Manhize steel plant and generates an energy demand of more than 500 MW, forcing Zimbabwe to accelerate its electricity strategy.
U.S. electric storage capacity will surge 68% this year according to Cleanview, largely offsetting the slowdown in solar and wind projects under the Trump administration.
A nationwide blackout left Iraq without electricity for several hours, affecting almost the entire country due to record consumption linked to an extreme heatwave.
Washington launches antidumping procedures against three Asian countries. Margins up to 190% identified. Final decisions expected April 2026 with major supply chain impacts.
Revenues generated by oil and gas in Russia recorded a significant decrease in July, putting direct pressure on the country’s budget balance according to official figures.
U.S. electricity consumption reached unprecedented levels in the last week of July, driven by a heatwave and the growth of industrial activity.
The New York Power Authority targets nearly 7GW of capacity with a plan featuring 20 renewable projects and 156 storage initiatives, marking a new phase for public investment in the State.
French Guiana plans to achieve a fully decarbonised power mix by 2027, driven by the construction of a biomass plant and expansion of renewable energy on its territory.
The progress of national targets for renewable energy remains marginal, with only a 2% increase since COP28, threatening the achievement of the tripling of capacity by 2030 and impacting energy security.
A Department of Energy report states that US actions on greenhouse gases would have a limited global impact, while highlighting a gap between perceptions and the economic realities of global warming.
Investments in renewable energy across the Middle East and North Africa are expected to reach USD59.9 bn by 2030, fuelled by national strategies, the rise of solar, green hydrogen, and new regional industrial projects.
Global electricity demand is projected to grow steadily through 2026, driven by industrial expansion, data centres, electric mobility and air conditioning, with increasing contributions from renewables, natural gas and nuclear power.
Kenya registers a historic record in electricity consumption, driven by industrial growth and a strong contribution from geothermal and hydropower plants operated by Kenya Electricity Generating Company PLC.
Final energy consumption in the European industrial sector dropped by 5% in 2023, reaching a level not seen in three decades, with renewables taking a growing role in certain key segments.
Réseau de transport d’électricité is planning a long-term modernisation of its infrastructure. A national public debate will begin on September 4 to address implementation methods, challenges and conditions.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.