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We are not Alone on the Path to Green Transformation

Less developed countries are torn between the struggle to preserve energy stability and the domestic economy on the one hand and the pressures imposed by the global energy transition on the other....

Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore...

How to Create Favorable Environment for Investment and Innovation?

More than 30 years ago, an international financial institution was established in the British capital, whose main goal was to support the transition from a centrally planned economy to an open market...

IRENA And OPEC Fund Join Forces To Unlock Investment In Energy Transition

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging...

Why the World is Missing its Chance for Clean Energy

A green recovery from the COVID-19 pandemic would have helped countries to build back better while driving economic growth and job creation. But the latest Renewables 2022 Global Status Report paints a different picture. According to...

EU and Egypt Step Up Cooperation on Climate, Energy and the Green Transition

Today in Cairo, on the occasion of the visit of Commission President Ursula von der Leyen and her meeting with Egyptian President El Sisi, the EU and Egypt issued a joint statement on climate, energy and the...

North Macedonia Adopts National Energy and Climate Plan, Commits to Accelerate Energy Transition During Secretariat’s Visit to Skopje

Director Artur Lorkowski and Deputy Prime Minister for Economic Affairs of North Macedonia, Fatmir Bytyki, agreed to step up cooperation to accelerate the just energy transition during their meeting in Skopje on...

EBRD Lends EUR 20 Million to Upgrade Bosnia’s Electricity Transmission Grid

The European Bank for Reconstruction and Development (EBRD) is lending EUR 20 million to Elektroprenos-Elektroprijenos (also known as TransCo), Bosnia and Herzegovina’s transmission system operator, for the modernisation and upgrading of its...

Record Heat Sends Sea Ice Into Retreat, Worrying Scientists

The recent collapse of a 1,100km2 ice shelf in Antarctica came at a time of record high temperatures and is a symptom of a planet in a climate crisis, experts say.   The...

Energy Transition Holds Key to Tackle Global Energy and Climate Crisis

Short-term interventions addressing the current energy crisis must be accompanied by a steadfast focus on mid- and long-term goals of the energy transition. High fossil fuel prices, energy security concerns and the...

A Country of Technological Innovations and Water Scarcity

It seems that we can learn the most about how to wisely manage resources from countries that do not have them at their disposal to a significant extent. Among those shining examples...

Joint Statement Between the European Commission and the United States on European Energy Security

The United States and the European Commission are committed to reducing Europe's dependency on Russian energy. "We reaffirm our joint commitment to Europe's energy security and sustainability and to accelerating the global transition...

What is the Sixth Mass Extinction and What Can We Do About It?

A mass extinction is a short period of geological time in which a high percentage of biodiversity, or distinct species—bacteria, fungi, plants, mammals, birds, reptiles, amphibians, fish, invertebrates—dies out. In this definition, it’s...

Conference “RES Serbia 2021”

The first conference dedicated to green energy, “RES Serbia 2021”, organized by the Renewable Energy Sources of Serbia Association, supported by the European Bank for Reconstruction and Development (EBRD), was held on...

Today’s Energy Crisis Makes Supporting Clean Energy Start-Ups More Important Than Ever

Periods of energy disruption, like the one we are seeing today, offer an opening for disruptive technologies. A helping hand for clean energy start-ups can help respond to the current energy crisis...

Swiss Green Default

If I imagine a country like the one in a fairy tale, with beautiful forests, lakes and cows that graze contentedly and give healthy, whole milk, from which the most delicious cheeses...

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