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Green Shoots: Are COVID-19 Recovery Funds Helping the Environment?

In the last year, governments have pledged trillions of dollars in COVID-19 relief, creating what some observers have called a once-in-a-generation chance to make planet-friendly investments—and save the Earth from a looming...

Irena Vojáčková-Sollorano: Green Climate Fund Will Be the Biggest Financial Mechanism

Climate change is a global problem and the obligation of each country is to actively participate in the fight against all these changes. Serbia plans to ratify the Paris Climate Agreement by...

KfW First Development Bank to Sign Master Agreement with Green Climate Fund (GCF)

On the occasion of the Green Climate Fund's board meeting, KfW recently  signed a master agreement with the GCF. The complex agreement governs the rights and obligations of the GCF, the accredited...

GIZ Accredited by Green Climate Fund

The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH has been accredited as an implementing organisation by the Green Climate Fund. GIZ can now apply for financing from the fund for projects with...

EEB: Subsidies Are Not a Solution for Weak Regulation in the Green Industry

The European Commission has adopted the State Aid Framework under the Clean Industry Initiative (CISAF). Although this is an effort by the European Union to direct public support toward Europe’s green and...

UN Launches 15 Million Dollars Drive for Green Investment in the Congo Basin

The Congo River Basin, one of the world’s most important ecosystems, is the focus of a new $15 million initiative aimed at promoting sustainable investment while preserving the region’s vast natural resources....

EBRD – Driving Serbia’s Green Transition and Sustainable Development

As Serbia accelerates its journey towards a more sustainable and competitive economy, the European Bank for Reconstruction and Development (EBRD) remains one of its key investors and partners. With annual investments exceeding...

North Macedonia: Funding Secured for Three Solar Power Plants and Expansion of the Bogdanci Wind Park

The state-owned company Elektrani na Severna Makedonija (AD ESM) is embarking on a new investment cycle in renewable energy sources with the support of a favorable loan from the German development bank...

European Commission Invests 2.4 Billion Euros in Green Technologies

The European Commission has announced a new call for proposals under the Innovation Fund program, aimed at supporting the development of low-carbon technologies. The total budget of the call amounts to 2.4 billion...

Hungary’s Green Challenges

In light of the growing challenges of climate change and the energy crisis, European countries are rethinking their energy policies. Hungary, which prides itself on significant reductions in greenhouse gas emissions and...

The Future od Green Energy in Romania

Romania is among the countries with a diverse and balanced energy mix, with a strong reliance on hydropower, efficient nuclear reactors, and wind farms, while coal and natural gas are also present...

EBRD and EU Launch SME Go Green Programme in Serbia

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are stepping up their support for green economy investments in Serbia. The EBRD, with the support of the EU, is...

EU Innovation Fund Supports Technology Development in Wind Energy Sector

The European Commission recently announced the results of a new call from the EU Innovation Fund, which, for the first time, focused solely on clean energy production. This call aims to support...

EU: Revenues from Emissions Trading Invested in Green Projects

The European Commission has selected 85 innovative projects aimed at achieving net-zero emissions, which will receive 4.8 billion euros in grants from the Innovation Fund. This is the largest call since the...

Romania Nearing the Adoption of a New Investment Program “Green Energy” 2024-2030

The Ministry of Energy of Romania has launched a public consultation on the draft emergency ordinance for the national investment program "Green Energy," aimed at supporting administrative-territorial units and operators in centralized...

Geothermal Energy: The Future of Hungary’s Green Economy

For years, Hungary has ranked among the leading countries in Europe when it comes to the direct use of geothermal energy, with plans for significant expansion by 2030. Moreover, according to the...

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