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IMMOFINANZ to reach emission-free status by 2040

IMMOFINANZ is making an important contribution to the fight against climate change with its new Net Zero Emission Strategy. Plans call for a reduction of 60 percent (below the 2019 level) in...

Car Leasing and Rental Company Plans to Cut Fleet’s Carbon Emissions by a Quarter by 2025

The European Bank for Reconstruction and Development (EBRD) is investing  EUR 10 million in a EUR 48 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This is Romania’s...

Nature Investment Accelerator Invites Corporates to Slash 1Gt Emissions Annually

- Leading companies launch a campaign to increase private sector investment in natural climate solutions (NCS) to the tune of 1 Gigatonne (Gt) of emission reductions per year by 2025 - Under current...

Climate Action in Agribusiness Could Reduce Emissions by up to 7 percent

Targeted action in agriculture could have a massive impact on climate change, according to a joint brief by the European Bank for Reconstruction and Development (EBRD) and the Investment Centre of the...

G7 Members Have a Unique Opportunity to Lead the World Towards Electricity Sectors With Net Zero Emissions

G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net zero emissions...

Green Hydrogen Fuels to Enable Up to 80 percent of Global Shipping Emission Cuts by 2050

A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80 percent of CO2 emissions attributed to international maritime shipping...

Devastating Wildfires Cause Record Emissions in Northern Hemisphere

Europe’s Copernicus Atmosphere Monitoring Service (CAMS) has been closely monitoring a summer of extreme wildfires across the Northern Hemisphere, including intense hotspots around the Mediterranean basin and in North America and Siberia....

New Magnesium EV Batteries For The Zero Emission Ride Of The Future

The EV batteries of today are pretty good, but apparently you ain’t seen nothing yet. Researchers are eyeballing magnesium to take over from lithium, which so far has been the workhorse of...

Better Raw Material Sourcing can Significantly Reduce Greenhouse Gas Emissions

Climate-friendly practices for sourcing raw materials hold significant potential to cut greenhouse gas emissions in Europe and globally. According to a European Environment Agency (EEA) report, published today, focusing on raw material...

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...

eVOC Serbia Project-For the Control of Volatile Organic Compounds Emissions

Serbia is engaged in intensive preparation of its negotiating position for Chapter 27, dedicated to environment and climate. In the process of EU accession, one of the key points for our institutions...

Empowering “Smart Cities” Toward Net Zero Emissions

The world’s cities can play a central role to accelerate progress towards clean, low-carbon, resilient and inclusive energy systems. This idea is recognized by climate and energy ministers from G20 nations who...

With Only 2 percent of Governments’ Recovery Spending Going to Clean Energy Transitions, Global Emissions Are Set to Surge to an all-time High

Governments worldwide are deploying an unprecedented amount of fiscal support aimed at stabilising and rebuilding their economies, but only about 2 percent of this spending has been allocated to clean energy measures,...

Sharp Decrease in CO2 Emissions of New Cars in 2020

The European Environment Agency (EEA) has published its provisional data about the emissions of newly registered passenger cars and vans in Europe in 2020. For cars, the data show a 12 percent...

Joint Event Highlights Latest Actions to Tackle Methane Emissions in the Gas Sector

The Energy Community Secretariat, Gas Infrastructure Europe (GIE) and the Technical Association of the European Natural Gas Industry (MARCOGAZ) hosted a joint event on methane emissions in the gas sector. The event...

New Research Shows Food System is Responsible for a Third of Global Anthropogenic Emissions

The world’s food system is responsible for a third of global anthropogenic greenhouse gas (GHG) emissions, according to new research by a team led by the UN Food and Agriculture Organization and...

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