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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...
Two Years of REPowerEU: Strengthening Europe’s Energy Resilience
In May 2022, the European Commission launched the REPowerEU Plan in response to war in Ukraine and its use of energy resources as an economic weapon. The Plan’s main objectives were to...
Global Temperature Record Streak Continues
It was the warmest April on record – the eleventh month in a row of record global temperatures. Sea surface temperatures have been record high for the past 13 months. Extreme weather...
Oil Spills Pose a Bigger Threat to Freshwater Ecosystems
Oil spills are a major environmental problem that occurs every year worldwide, affecting oceans, seas, rivers, and lakes. Although the world is familiar with the issues and changes in salt water, the...
Global Warming – Tundras Threatening to Release Stored CO2?
Tundras are cold regions of the world, biomes with short vegetation, lower trees, and extremely low temperatures, which cover large parts of northern Russia, Scandinavia, Canada, Alaska, and the coast of Greenland.
They...
Oil Demand Growing at a Slower Pace as Post-Covid Rebound Runs its Course
Global oil demand growoilth is currently in the midst of a slowdown and is expected to ease to 1.2 million barrels a day (mb/d) this year and 1.1 mb/d in 2025 –...
After Slight Rise In 2023, Methane Emissions From Fossil Fuels Are Set To Go Into Decline Soon
Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28...
CONTINUED DROP IN EU IMPORTS OF ENERGY PRODUCTS
In the fourth quarter of 2023, the EU imported 111.3 billion euros worth of energy products amounting to a total of 187.9 million tonnes. Compared with the same quarter of 2022, imports...
FUNDAMENTAL BUSINESS STRATEGIES TO A FASTER SUSTAINABLE DEVELOPMENT
Sustainable business is a relatively new, very sensitive and changing topic. Different companies throughout the supply chain and in different fields have different views of what is sustainable for them and what...
IMPLEMENTATION OF RESPONSIBLE BUSINESS IN SERBIA AND THE WORLD
Questions and challenges related to sustainable and responsible business have been obvious for decades. Most of the ESG principles we hear about today have been devised thanks to various international initiatives, agreements,...
CAN METHANE EMISSIONS MATCH CLIMATE GOALS BY 2030
Last year was marked by record-high methane emissions from the energy sector. However, the end of the year brought the United Nations Conference on Climate Change 2023 (COP28) and the pledges that...
Drop in EU imports of energy products in Q3 2023
In the third quarter of 2023, the EU imported 35.4 billion euros worth of energy products amounting to a total of 65 million tonnes. Compared with the same quarter of 2022, imports...
Enhancing infrastructure can help boost Denmark’s clean energy investment
Denmark’s energy and climate ambition in sectors such offshore wind, biomethane and district heating are transforming the country’s energy system and reinforcing its image as a clean energy leader toward net zero...
Strong policy progress on energy efficiency seen in 2023
Policy makers around the world expanded measures to promote energy efficiency in 2023, helping consumers save money and improving the security and sustainability of the global energy system – though progress is...
Additional security in gas supply for citizens, companies ensured
Minister of Mining and Energy Dubravka Djedovic Handanovic spoke today with Hungarian Minister of Foreign Affairs and Foreign Trade Peter Szijjarto about cooperation in the field of natural gas supply, the construction...
German companies spend significantly more on climate measures
Companies in Germany are investing more money in climate action measures, according to the German development bank KfW. One in seven euros was spent on climate projects.
At €72.2 billion ($78.3 billion), the...