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The role of development finance institutions in energy transitions
Development finance institutions (DFIs) account for only around 1 percent of total financing for energy sector investment, but their importance goes well beyond this relatively small share. DFIs are specialised financial institutions...
Brazil’s Opportunity to Lead the Global Dialogue on Energy and Climate
Brazil is a frontrunner in clean energy transitions: among the world’s largest economies, it boasts the lowest share of fossil fuels in its energy mix. Holding the G20 Presidency in 2024, Brazil...
First-Ever Global Renewables Summit Announced to Drive Action to Triple Renewable Power by 2030
The Global Renewables Alliance (GRA) and Bloomberg Philanthropies, in partnership with the governments of Barbados and Kenya, the European Commission, the COP28 and COP29 Presidencies, the International Energy Agency (IEA), the International...
First Net-Zero Academy to Train 100,000 Workers in the EU Solar Photovoltaic Value Chain
The Commission has launched the European Solar Academy, the first in a series of EU Academies to be set up under the Net-Zero Industry Act (NZIA) to have in place the necessary...
Global Solar Installations Almost Double in 2023 But Leaves Emerging Economies in the Dark
2023’s new solar installations would cover more than half of India’s annual electricity needs or more than Brazil’s entire consumption. Compared to Europe, the annual installations would exceed the total yearly electricity...
What Happens When the Lifespan of Solar Panels Ends? Is There a Reason for Concern?
New technologies bring hope for a better and safer future, but at the same time, they also bring anxiety – what negative consequences might they leave behind? Electric vehicles, for example, are...
Progress on Basic Energy Access Reverses for First Time in a Decade
A new report by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO), released today,...
Europe’s Air Quality Keeps Improving but Pollution Levels Are Still Insafe in Many Areas
The EEA briefing ‘Europe’s air quality status 2024’ presents data on levels of key air pollutants in Europe in 2022 and 2023 and compares these concentrations to the EU air quality standards...
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...
Can Heavy Industry Rely on Solar Energy?
The decarbonization of heavy industry is one of the biggest challenges in fighting climate change because this sector consumes huge amounts of energy. For this reason, the use of fossil fuels is...
Flue gas desulfurization in TENT A, the largest environmental project in thermal power plants in Europe
Dubravka Djedović Handanović, Minister of Mining and Energy, visited the construction site of the flue gas desulphurization plant in the Nikola Tesla A thermal power plant, where all works are scheduled to...
Rapid Expansion of Batteries Will Be Crucial to Meet Climate and Energy Security Goals Set at COP28
Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical...
From Investing In Nature Conservation To One Of the Most Environmentally Developed Countries
One of the smallest but greenest countries in the European Union – Slovenia – very quickly adopted European standards and achieved a high level of environmental protection. According to the report of...
EBRD and Erste Approve Financing for new Windfarm in Serbia
The European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth 91.4 million...
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...
Rise in used heavy-duty vehicles a major contributor to pollution, prompting calls for more stringent regulations
While heavy-duty vehicle (HDV) exports represent a modest 3.6 per cent of the global automotive trade's total value, their associated CO2 emissions have surged by over 30 per cent since 2000, with...
