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Final Agreements at COP29 – New Declarations on Methane, Water, and Climate Financing
The United Nations Climate Change Conference concluded in Baku, with significant agreements reached in its final days regarding climate change, water resources, emissions, and financing.
The COP29 Presidency launched the Declaration on Reducing...
Artificial Leather Made From Beer Is Changing The Fashion World
I n a world where fashion changes faster than ever, the pressure on natural resources and the environment is increasing. The fashion industry, known for its dynamism and innovation, is among the...
Brazil’s Achievements in Renewable Energy Surpass Global Average
In recent years, China has emerged as a major player in the development of Brazil's energy infrastructure through significant investments. Recently, the presidents of the two countries signed 40 international agreements across...
Global Peatland Atlas 2024 – Endangered Natural Carbon Vaults
The United Nations Environment Programme (UNEP) has released the Global Peatland Hotspot Atlas 2024, highlighting the critical threats to these ecosystems across 177 UN member states.
Peatlands are vital carbon storage systems 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...
Supporting Bulgaria’s Renewable Energy Transition
The European Bank for Reconstruction and Development (EBRD) is lending up to 50 million euros to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern...
EU: Decline in Sales of Electric and Diesel Vehicles in 2024
The European Union's automotive market saw a modest but encouraging growth of 1.1 percent in new car sales in October 2024, according to data from the European Automobile Manufacturers' Association (ACEA).
As reported...
Strengthening Energy Ties – Romanian Section of the Power Line to Serbia Commissioned
At the beginning of the year, a meeting was held in Athens between the energy ministers of Romania and Serbia to discuss opportunities for enhancing cooperation in the energy sector. The discussions...
Montenegro – Construction of the “Gvozd” Wind Farm Begins
The construction of the “Gvozd” wind farm has officially started in Montenegro, marking the first major production facility that Elektroprivreda Crne Gore (EPCG) is building after more than 40 years.
The project, initiated...
Diversification of Energy Sources: North Macedonia Turns to Azerbaijan
North Macedonia has signed an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) to enhance its energy security. The partnership, formalized through a Memorandum of Understanding on cooperation...
Sustainable Banking for a Secure Future
For over two decades, ProCredit Bank has been working diligently to reduce its direct and indirect impact on the environment. Their commitment to achieving zero carbon emissions is reflected in their investments...
Energy Initiatives at COP29 – What Can We Expect?
The 2024 United Nations Climate Change Conference (COP29) places significant focus on energy as one of the key sectors in combating climate change.
In light of this, the COP29 Presidency has officially launched...
The Energy Sector Rated Highest According to the White Book of the Foreign Investors Council
According to progress in implementing recommendations from the White Book by the Foreign Investors Council, the energy sector has emerged as the leading sector. Out of a total of eight recommendations for...
COP29: New Initiatives and Financing for Combating Climate Change and Achieving Peace
The first week of the 2024 United Nations Climate Change Conference (COP29), held in Baku, has concluded, with the event running until November 22. As previously reported, the opening days were marked...
Green Financing: Erste Bank as a Leader in Sustainable Investments and Energy Efficiency Support
By investing in more than 70 green projects so far, Erste Bank has significantly contributed to the reduction of harmful gas emissions, the increase of electricity production from renewable sources and the...
EU Economy Greenhouse Gas Emissions: -2.6 percent in Q2 2024
In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq), a 2.6 percent decrease compared with the same quarter of 2023...
