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“Open Balkans” Important for Economic Future of the Region

President of the Republic of Serbia Aleksandar Vucic said, opening the Summit of Leaders within the "Open Balkan" initiative, that the success of this project depends on the extent to which member...

“Energy Efficiency Movement” Ticket to the Success Club

When electricity prices are reaching their historic highs and the climate crisis is triggering the closure of fossil fuel power plants, it is the right time to think about how we can...

Climate Change Driving Unprecedented Forest Fire Loss

Forest fires supercharged by climate change are burning twice as much global tree cover as 20 years ago, according to data published on Wednesday (17 August) showing the equivalent of 16 football pitches...

France Plans Fashion Revolution With Climate-Impact Labels

Is it better for the environment if you buy a brand-new cotton T-shirt or a recycled one? Well, it depends. Recycling has apparent benefits, but the process shortens cotton fibres and so usually has...

EU plan to cut gas use by 15 per cent set to come into effect

An EU plan to cut gas consumption across the bloc by 15 per cent to cope with an energy price crisis spurred by Russia’s war in Ukraine comes into effect on Tuesday...

EBRD and EU boost Serbian Family Business

Bimbo is a family-run business that specialises in designing and refurbishing retail outlets, offices, hotels and public buildings. And just like many other family firms in the region that were set up...

Wildfires in Europe Burn Second-Biggest Area on Record

Wildfires raging through Europe this summer have burned the second-largest area on record, even though the region is only halfway through its typical fire season, according to data from the European Union’s...

Global Coal Demand is Set to Return to its All-Time High in 2022

The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according to an IEA report, which notes...

Save Gas for a Safe Winter: Commission Proposes Gas Demand Reduction Plan to Prepare EU for Supply Cuts

The European Union faces the risk of further gas supply cuts from Russia, due to the Kremlin's weaponisation of gas exports, with almost half of our Member States already affected by reduced...

No Basis To Classify Lithium As Hazardous, Industry Groups Say

Electric vehicle battery material lithium should not be classified as a hazardous substance by the European Union because the scientific evidence on which the proposal is based is weak, seven industry groups...

EU – New Zealand Trade Agreement: Unlocking sustainable economic growth

The EU and New Zealand have today concluded negotiations for a Trade Agreement, which is set to open significant economic opportunities for companies and consumers on both sides. The deal also includes...

EBRD and EU to Support Transition to Solar Energy in North Macedonia

Decarbonisation plans in North Macedonia are taking a big leap forward. The European Bank for Reconstruction and Development (EBRD) is lending EUR 25 million to ESM, the state-owned electricity company, to build...

Latvia, Austria, Slovakia have EU’s largest gas stores

After clinching a deal on mandatory gas storage last month, Latvia, Austria and Slovakia currently have the largest gas stores for next winter compared to annual consumption. Slovakia, for example, has already filled...

Norway Has Key Opportunities to Advance its Transition and Help Lead the World on Clean Energy Technologies

As a resource-rich country on the leading edge of many clean energy technologies, Norway is uniquely well placed for the clean energy transition and now needs to advance strategies to tackle emissions...

New EIB-EBRD-WB Enterprise Survey: Are Companies In The Western Balkans Prepared For Another Crisis?

Russia’s invasion of Ukraine and its economic fallout come just as firms in the Western Balkans are recovering from the COVID-19 shock. Today’s presentation “Business resilience in the Western Balkans at times...

EBRD and Donors Help Sarajevo to Become a Greener City

Sarajevo is a city of contrasts. It is home to both western and oriental architecture; it is surrounded by beautiful mountains and forests but suffers from worrying air pollution; its history is...

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