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Cyprus Leads EU With Highest Per Capita Greenhouse Gas Footprint In 2023

Cyprus Tops The Emissions List

New Eurostat data shows that Cyprus recorded the highest per-capita greenhouse gas footprint in the European Union in 2023. The country reported 14.8 tonnes of carbon dioxide equivalent per person, well above the EU average of 9.0 tonnes. The figures highlight the impact of consumption patterns and imported goods on national emissions.

Overview Of 2023 Emissions Data

According to the report, the greenhouse gas footprint linked to goods and services consumed within the EU averaged 9.0 tonnes per person in 2023, down from 10.0 tonnes in 2022. The consumption-based metric measures emissions generated across entire supply chains, regardless of where production takes place.

Contrasting Emissions Across Member States

Cyprus recorded the highest level at 14.8 tonnes per capita, followed by Ireland at 14.0 tonnes and Luxembourg at 12.7 tonnes. At the lower end of the scale, Portugal reported 6.5 tonnes per capita, with Bulgaria, Sweden, and Romania also recording comparatively low figures. The differences reflect varying consumption patterns and the carbon intensity of imported goods and services.

Consumption Versus Production Emissions

Across the EU, the greenhouse gas footprint tied to consumption reached 4.0 billion tonnes of CO2 equivalent in 2023, compared with production-based emissions of 3.3 billion tonnes. The gap illustrates how imported goods contribute to overall emissions. Over the past decade, consumption-based emissions declined by 12.9%, while production-based emissions fell by 18.6%, partly influenced by the economic slowdown during the 2020 pandemic.

Implications For Policymakers And Business Leaders

The data suggests that emissions strategies increasingly need to address both domestic production and consumption patterns. For Cyprus, this means looking beyond local energy reforms to examine the carbon footprint of imported products and supply chains. Businesses and policymakers may need to consider broader sustainability measures that reflect how goods are produced and consumed.

As the EU continues to strive for reduced emissions, this report serves as a vital resource. It illustrates the progress in lowering production emissions while drawing attention to the substantial challenge posed by the consumption-based footprint. In the evolving realm of environmental policy, these insights are indispensable for steering future initiatives on a path towards greater sustainability.

payabl. Launches Click To Pay With Visa To Help Merchants Improve Checkout Conversion And Reduce Fraud

payabl. has launched Click to Pay with Visa, a new card payment experience designed to help merchants reduce checkout friction, improve authorisation rates, and deliver a faster, more secure online payment journey.

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Click to Pay replaces manual card number entry with a token-based checkout experience. Once a customer’s card is enrolled, they can complete purchases in just a few clicks, without re-entering card details. The result is a faster checkout that mirrors the ease of contactless payments in-store, while maintaining strong security standards.

For merchants, the impact is measurable. According to Visa, Click to Pay can deliver up to a 11% uplift in authorisation rates compared to manual card entry, alongside significant fraud reduction through network tokenisation. Faster checkout also helps reduce cart abandonment, particularly on mobile, where typing card details remains a major source of friction.

“With online checkout, every extra step costs conversion,” said Breno Oliveira, Chief Product Officer at payabl. “Visa Click to Pay removes one of the biggest points of friction at the moment of purchase. It helps merchants approve more legitimate transactions, reduce fraud exposure, and give customers the experience they already expect.” 

Visa Click to Pay is available through payabl. checkout, enabling merchants to activate the service without additional integration complexity. The solution works across devices and supports existing security flows, including 3D Secure where required.

“Consumers have come to expect a highly personalised, intuitive, and seamless payment experience, whether they’re buying a coffee, shopping online, or applying for a loan. Visa Click to Pay aims to meet these expectations by removing the need to manually enter card details, thus enhancing both security and the consumer experience in online card payments. With the support of network tokens, Visa Click to Pay enabled a more secure and smoother transaction process, available in many countries around the world. According to European VisaNet data, Visa Click to Pay may allow a 4.5% uplift in merchant sales, meaning a possible annual increase of €51 bn in SMB eCommerce sales in the UK and EU,” said Michael Ioannides, Country Manager, Visa Cyprus.

The launch forms part of payabl.’s broader focus on checkout optimisation, helping merchants improve conversion, approvals, and payment reliability at scale. Click to Pay with Visa is now live for eligible merchants across Europe. 

Checkout expectations are rising across Europe 

Insights from payabl.’s State of European Checkouts report underline why frictionless checkout experiences are becoming a commercial priority. The research found that consumers cite speed (46%), convenience (44%), and security (41%) as the top reasons for choosing a payment method. More than half of consumers (53%) are open to switching to newer payment methods and nearly half (48%) are open to one-click checkouts, provided the solution is backed by a trusted brand such as Visa.

“Checkout is no longer just the final step of a transaction,” said Oliveira. “It is a critical part of the overall customer experience. Our research shows that 43% of European consumers will not return to a site after a poor checkout experience. For merchants across the UK and Europe, that translates directly into lost customers and lost revenue.”

The launch forms part of payabl.’s broader focus on checkout optimisation, helping merchants improve conversion, approvals, and payment reliability at scale. Click to Pay with Visa is now live for eligible merchants across Europe.

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