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The Energy Sector Rated Highest According to the White Book of the Foreign Investors Council
According to progress in implementing recommendations from the White Book by the Foreign Investors Council, the energy sector has emerged as the leading sector. Out of a total of eight recommendations for the energy sector, significant progress has been achieved…
COP29: New Initiatives and Financing for Combating Climate Change and Achieving Peace
The first week of the 2024 United Nations Climate Change Conference (COP29), held in Baku, has concluded, with the event running until November 22. As previously reported, the opening days were marked by several key moments. Among them was reaching…
Green Financing: Erste Bank as a Leader in Sustainable Investments and Energy Efficiency Support
By investing in more than 70 green projects so far, Erste Bank has significantly contributed to the reduction of harmful gas emissions, the increase of electricity production from renewable sources and the positive impact on local communities. These projects represent…
EU Economy Greenhouse Gas Emissions: -2.6 percent in Q2 2024
In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq), a 2.6 percent decrease compared with the same quarter of 2023 (812 million tonnes of CO2-eq). The EU’s gross…
How Plants Clean the Environment from Harmful Substances
The story of per- and polyfluoroalkyl substances (PFAS) begins with something not uncommon in science but requires a keen and careful eye. Namely, while working on the synthesis of new compounds in the 1940s, chemists at the DuPont Company did…
Hungary’s green progress
In recent years, countries around the world have set ambitious environmental goals. For some, these goals pose challenges that are not easily overcome, while others face failure. However, Hungary stands out as a country taking ecology seriously, prioritizing the development…
Mechanisms to Combat Energy Price Volatility – France’s Plan
The French government recently proposed a new mechanism known as the Rendez-vous Clause, designed to adjust electricity taxes in line with market fluctuations in energy prices. The plan is expected to be part of the 2025 budget, aiming to reduce…