Europe Reacts to Trump Putin Diesel Deal as Africa Nature Fund and EPA Biofuel Plan Grab Attention
impakter.comImpakter's ESG roundup covers four stories with real decarbonization angles. The first looks at the Trump Putin diesel agreement and how European officials are reaffirming support for Ukraine while still importing Russian fossil fuels. The piece notes the EU still spends about 47 million euros per day on Russian energy, down from 800 million in 2022, and experts estimate the new deal could send around 4 billion dollars to Russia's economy. The other items are more directly tied to carbon markets and clean energy. Finance Earth and FSD Africa launched a 100 million dollar Africa Nature Impact Fund at the Carbon Markets Africa Summit in Kigali, targeting early stage nature based carbon projects across 4.5 million hectares. Engie's CEO pushed back on France's plan to cancel renewable subsidies, saying it would hurt investor confidence. The EPA also proposed reallocating waived biofuel volumes from small refineries to larger ones for 2026 and 2027, a move aimed at farm groups and biofuel producers.
