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The 165 Million Euro European Investment in the Danube Region

In the next six years, it will be invested 165 million euro into The Danube region through the Danube transnational program (known as Interreg). The aim is to integrate this region better socially,...

With the Power of Nature to a Better Life

16 th International Energy Fair, which is being held at the Belgrade Fair from the 23 rd to the 25 th of November, comes at a time of deep and global energy...

EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group

The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central,...

The Energy Hat-Trick

How to introduce energy efficiency, mitigate carbon footprint and reduce electricity bills? And can it be achieved at a single blow? This triple benefit is possible to attain by building the solar...

Key Renewables Payers Call for Collaboration Between Renewable Energy and Agriculture Sectors

Energy use is responsible for about one-third of greenhouse gases emitted by the food systems. With its continuously declining costs, renewables have become an attractive and effective way to fuel the achievement...

EBRD Calls for an Increase in Rail Investment in the Western Balkans

As one of the major multilateral investors in the Western Balkans, the European Bank for Reconstruction and Development (EBRD) has issued an appeal for more investment in the region’s railway sector to...

RES for Our Health and Survival

The Association Renewable Energy Sources of Serbia (RES Serbia) has taken only three months to become a significant factor in Serbia’s green market and be acknowledged as a regional player. It is a...

Hot Rock Energy Storage Will Soon Be A Reality In Denmark’s Electricity Grid

The Danish company Stiesdal, which is behind the TetraSpar full-scale demonstration project of the world’s first industrialized offshore foundation manufacturing and deployment system for wind turbines, is now realizing the first commercial demonstration energy storage...

These Five Cities Are Taking Aim at Air Pollution

Around the world, more than 90 percent of people breathe in air that the World Health Organization (WHO) considers potentially harmful. While the source of air pollution varies – some come from vehicle...

Mediterranean Gripped by Extreme Heat, With New Reported Temperature Record

The World Meteorological Organization is seeking to verify a reported temperature of 48.8°C (119.8°F) in Sicily, Italy, on 11 August 2021 and to establish whether this is a new temperature record for...

EBRD, EU and Austria finance energy efficiency in Serbia’s homes

Households in Serbia are set to benefit from the further expansion of the Green Economy Financing Facility (GEFF) with a new EUR 5 million loan in local currency provided by the European...

Climate Change Widespread, Rapid, and Intensifying – IPCC

Scientists are observing changes in the Earth’s climate in every region and across the whole climate system, according to the latest Intergovernmental Panel on Climate Change (IPCC) Report, released today. Many of...

Support to Scale up Renovation of Private Residential Buildings and Cut Emissions

Addressing a core issue in the effort to improve the use of energy in Lithuania, the European Bank for Reconstruction and Development (EBRD) is lending EUR 67.5 million to support an innovative...

New York on The Way To Its 6 Gigawatts By 2025 Solar Power Goal

New York’s solar growth has climbed 2.100 percent since the NY-Sun initiative was launched in 2011. The cost of solar dropped 69 percent in that same period. Naturally, there are large global trends...

ENV.NET – Circular Economy and Climate Change 

The third cycle of the project “ENV.net factoring the environmental portfolio for the Western Balkans and Turkey in the EU Policy Agenda” (ref. No. 2017 / 394-372) - ENV.net3 was realized in...

EBRD supports coal transition in Kragujevac, Serbia

Kragujevac, the fourth-largest city in Serbia, will make a big leap in its transition away from coal, thanks to an EUR 18 million loan provided by the European Bank for Reconstruction and...

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