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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...

EBRD, EU and GIZ Support Digitalisation of SMEs in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are stepping up support for small and medium-sized businesses (SMEs) in Bosnia and Herzegovina by launching the Go Digital...

Berlin Pushes For a 60 Euros Minimum Price on EU Carbon Markets

Discounting allegations of speculation on the EU carbon market, Berlin is throwing its weight behind a minimum price of 60 euros per ton of CO2, saying it will ensure this through national...

Facing Floods and Landslides, Afghans Turn to Nature for Protection

Amir Beg Khusrawi still has vivid memories of a flash flood that swept through his village in Afghanistan’s rugged northeast a decade ago. “ destroyed around 20 houses, claimed livestock, and damaged our...

EBRD and Donors Help Reboot Small Businesses in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is stepping up cooperation with Komercijalna Banka in North Macedonia by extending a new EUR 2 million credit line. The proceeds will be used...

Europe Day

Europe Day commemorates the signing of the “Schuman Declaration” on 9 May 1950. An ambitious plan to secure long-term peace in post-war Europe that is considered the beginning of what is now...

IEA: Global natural gas demand set to decline slightly in 2022

The world’s demand for natural gas is set to decline slightly in 2022. as a result of higher prices and market disruptions caused by war in Ukraine, according to the International Energy...

Energy and Climate Committee Discusses Way Forward for 2030 Targets

The 8th Energy and Climate Committee met on 12 April in Vienna, in the presence of the EU Commissioner for Energy, Kadri Simson. The meeting provided an opportunity for Ministers and Deputy...

Energy Security: Commission Hosts First Meeting of EU Energy Purchase Platform to Secure Supply of Gas, LNG and Hydrogen

In order to secure the EU's energy supply at affordable prices in the current geopolitical context and to phase out dependency on Russian gas, the European Commission has established with the Member...

EBRD and Donor-Funded Solar Plant Starts Operating in North Macedonia

The first large-scale solar plant in North Macedonia ‒ financed with the support of the European Bank for Reconstruction and Development (EBRD) and bilateral donors to the Western Balkans Investment Framework (WBIF)...

IEA Member Countries Agree to New Emergency Oil Stock Release in Response to Market Turmoil

The International Energy Agency’s 31 Member Countries agreed on Friday to a new release of oil from emergency reserves in response to the market turmoil caused by conflict between Russia and Ukraine,...

Eight Actions to Solar-Power EU Energy Independence

On March 31st the international solar community gathered in Brussels for the SolarPower Summit. In light of the Russian war on Ukraine, the Summit publicly launched a landmark paper on the necessary,...

Green Cooling – Tackling Climate Change With Eco-Friendly Technology

Natural refrigerants protect the environment and the climate. In Latin America and the Caribbean, they are replacing existing products that harm the climate.With ever longer cold chains, the global movement of goods...

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