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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...
Additional EBRD loan and EU grant for Corridor Vc in Bosnia and Herzegovina
The construction of Corridor Vc, a key infrastructure project in Bosnia and Herzegovina that the European Bank for Reconstruction and Development (EBRD) supports, is progressing with new financing from the EBRD, European...
New Wind Charter and national wind pledges underline ambition for wind power in Europe
The EU’s ambition to advance wind energy took two further steps forward in the margins of Energy Council in Brussels, following up on two of the measures outlined in the recent European...
EU economy emissions in 2022: down 22 percent since 2008
In 2022, greenhouse gas (GHG) emissions generated by economic activities of EU resident units stood at 3.6 billion tonnes of CO2 equivalents (CO2-eq), indicating a 22 percent decrease compared with 2008.
The activities with the highest GHG emissions in 2022...
Halting biodiversity loss: EU outlines achievements one year after adoption of global plan for nature and people
Yesterday marked one year since 196 countries agreed the Kunming–Montréal Global Biodiversity Framework (GBF) at the United Nations Conference on Biodiversity (COP15) as an action plan to protect, restore, sustainably use, manage...
EBRD and EU finance Serbian businesses via OTP Banka Serbia
The European Bank for Reconstruction and Development (EBRD) is providing 60 million euros in financing to OTP Banka in Serbia. As part of the financial package, 10 million euros will be lent...
List of ship recycling facilities: first renewals of inclusion for yards located outside the EU
Today, the European Commission adopted the 12th edition of the European List of ship recycling facilities. The updated list renews the inclusion of two yards located in Türkiye and one yard located in...
Warming, acidification, dropping oxygen levels threaten Europe’s seas
The EEA briefing ‘How climate change impacts marine life’ summarises how increasing levels of greenhouse gas emissions in the atmosphere are affecting marine ecosystems in Europe. Supporting the review of the EU...
ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business...
First EBRD loan to support solar power in Croatia with InvestEU
The first European Bank for Reconstruction and Development (EBRD) project with the InvestEU programme, designed to support sustainable economy projects, will finance the construction of 30 MW of new solar generation capacity...
Commission welcomes agreement between European Parliament and Council on Nature Restoration Law
The Commission welcomes the provisional agreement just reached between the European Parliament and the Council on the Nature Restoration Law. Once adopted and applied in the EU Member States, the law will...
EU food prices: olive oil up 75 percent since January 2021
After substantial increases in 2022, food prices in the EU continued to rise also in 2023. Data for the second and third quarters of this year show that the prices of some items registered...
EU packaging waste generation with record increase
From parcels for online purchases to coffee-to-go cups, packaging is almost everywhere. In 2021, the EU generated 188.7 kg packaging waste per inhabitant, 10.8 kg more per person than in 2020, the...
EU aquaculture in 2021: 1.1 million tonnes farmed
In 2021, an estimated 1.1 million tonnes of aquatic organisms were farmed in the EU, valued at 4.2 billion euros. Aquaculture, also known as aquafarming, involves the controlled cultivation of fish, molluscs,...
IEA, ECB and EIB highlight importance of an accelerated clean energy transition for Europe’s industrial competitiveness and financial stability
The heads of the European Investment Bank (EIB), the European Central Bank (ECB) and the International Energy Agency (IEA) are today calling on leaders from government, finance and industry across Europe to...
EU imports of energy products continued to drop in Q2 2023
Following a strong increase in energy imports in the EU between 2021 and 2022, the scenario is different in 2023, with imports dropping for the second quarter in a row when compared...
