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Backing Romania’s Green Ambition with 110 Million Euros Finance Package
The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are providing a 110 million euros financing package to build and operate two solar photovoltaic power plants in south-eastern Romania,...
Why Aren’t We Reducing our Reliance on Fossil Fuels Faster?
The world must rapidly cut its greenhouse gas emissions. Remarkable progress has been made, especially in the adoption of renewable energy in the transport and energy sectors, but the change is not...
Encouraging Competitiveness in Buying and Selling Electricity
As an energy entity responsible for organizing and managing the electricity market in Montenegro, the Montenegrin Electricity Market Operator (COTEE) continuously works to improve this segment while following trends and changes in...
IEA to convene major international energy security summit in London, hosted by UK government
The IEA will convene an International Summit on the Future of Energy Security in the second quarter of 2025, hosted by the UK government in London, to assess the existing and future risks...
On the Way to the Energy Transition
The Energy Community recognized the Republic of Serbia as a leader in energy reforms in the region in 2023. Key steps have been taken to improve the legislative framework and set strategic...
The role of development finance institutions in energy transitions
Development finance institutions (DFIs) account for only around 1 percent of total financing for energy sector investment, but their importance goes well beyond this relatively small share. DFIs are specialised financial institutions...
Sustainable Development Must Be More Than Just an Empty Phrase
Sustainable development is a phrase used today by all companies in their reports and an excellent backdrop for PR stories. However, sustainability is often used only as an empty phrase, and companies...
Advancing Earth Observation with the Copernicus Sentinel Expansion Missions
The Copernicus satellite missions currently in orbit provide invaluable data that feed a vibrant ecosystem of Earth Observation products and services across diverse application areas. Copernicus is served by a set of...
GEOS-U Satellite to Monitor Environmental Hazards
A SpaceX Falcon Heavy rocket launched the GEOS-U satellite into orbit on June 25 from NASA’s Kennedy Space Center in Florida. According to the World Meteorological Organization (WMO), it is expected to...
UNESCO Launches New Initiatives for “Greening Education”
On World Environment Day, UNESCO unveils new tools for greening schools and curricula, highlighting the need to empower young people to play a concrete role in tackling the climate crisis.
Greening schools and...
EBRD is Supporting Renewable Investments in Romania
The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...
Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains as Energy Transitions Advance
Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report...
Bioclimatic Architecture as the Basis of Sustainable Construction
If you were to ask me whether bioclimatic architecture is the basis of sustainable construction, I would answer with a resounding “yes“. Bioclimatic architecture does not represent any style or direction in...
Is the ‘G’ Element in the ESG Concept Unjustifiably Neglected?
When analyzing individual ESG elements, the ‘G’ element is often overlooked due to the emphasis on climate risks, social implications and other ‘E’ and ‘S’ factors. In light of the growing recognition...
The Sustainable Development Crisis – How Big is the Financial Gap in Accomplishing the SDGs?
The entire planet strives to meet the Sustainable Development Goals (SDGs). However, the latest United Nations report indicates that countries are not moving well enough towards the 2030 Agenda for Sustainable Development....
Drought Causes a National Disaster in Zimbabwe
Zimbabwean President Emmerson Mnangagwa has declared a national disaster due to a drought that threatens to put 2.7 million people at risk of starvation this year, according to global media.
Mnangagwa told a...
