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EU's climate goals at risk without China's raw materials, auditors say Budget 2026 takes bold steps on climate action, but it does very little to build people’s defences

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EU's climate goals at risk without China's raw materials, auditors say

World

Latest News From Euronews | Euronews RSS•Feb 2

EU's climate goals at risk without China's raw materials, auditors say

Despite the EU's ongoing efforts to diversify supply chains, Chinese materials are crucial for the bloc's climate transition. China accounts for 60% of global production of critical raw materials and 90% of refining capacity.

Budget 2026 takes bold steps on climate action, but it does very little to build people’s defences

India

The Indian Express•Feb 1

Budget 2026 takes bold steps on climate action, but it does very little to build people’s defences

There is not much by way of direct spending for climate adaptation – for instance, building infrastructural systems that can withstand events like a super cyclone.