Tag: carbon emissions

Supporting Bulgaria’s Renewable Energy Transition

The European Bank for Reconstruction and Development (EBRD) is lending up to 50 million euros to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern...

Sustainable Banking for a Secure Future

For over two decades, ProCredit Bank has been working diligently to reduce its direct and indirect impact on the environment. Their commitment to achieving zero carbon emissions is reflected in their investments...

EU: Revenues from Emissions Trading Invested in Green Projects

The European Commission has selected 85 innovative projects aimed at achieving net-zero emissions, which will receive 4.8 billion euros in grants from the Innovation Fund. This is the largest call since the...

EBRD Lends up to EUR 30 Million to Željeznički Prevoz Crne Gore a.d.

The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to EUR 30 million to Željeznički Prevoz Crne Gore a.d. (ZPCG), the passenger train operator in Montenegro. The...

Removing Barriers for Green Hydrogen Deployment

According to IRENA’s World Energy Transition Outlook, hydrogen and its derivates are projected to make up 14 percent of global total final energy consumption by 2050 in a world aiming to stay...

Stepping up in renewables towards energy stability

Alessandro Bragonzi, Head of Regional Hub for the Western Balkans, one of the participants in the OIE Serbia 2023 conference, organized by the Association of Renewable Energy Sources of Serbia, wrote for...

Global coal demand set to remain at record levels in 2023

Global coal consumption climbed to a new all-time high in 2022 and will stay near that record level this year as strong growth in Asia for both power generation and industrial applications...

WHAT IS YOUR CARBON FOOTPRINT?

In January this year, a man set out on a mission. On the way from Europe to Asia, he will not try to convert you to a new religion, but he will...

SUSTAINABILITY AS A BUSINESS DRIVER

At Microsoft, sustainability is at the heart of the business, and the success of the sustainability concept depends on the company’s entire value chain. Sustainability is a responsibility but also an opportunity....

Heavy Industry’s Transition to Clean Energy

With governmental pressure in most countries ramping up and bold deadlines to phase out fossil fuel within the upcoming decades, many companies and industries are adapting to the large-scale transition to clean...

SIEMENS — CREATING AN ENVIRONMENT THAT CARES

It has long been known that energy moves the world. In a literal sense, electricity and its sources move societies or threaten them when the energy flow is reduced. The competitiveness and...

EBRD Loans USD 100 Million to Boost Renewables in Turkey

The European Bank for Reconstruction and Development (EBRD) is extending up to USD 100 million in financing to Adnan Polat Enerji Yatirimi A.S. (APEY) as part of a financing package jointly provided...

Climate Change Driving Unprecedented Forest Fire Loss

Forest fires supercharged by climate change are burning twice as much global tree cover as 20 years ago, according to data published on Wednesday (17 August) showing the equivalent of 16 football pitches...

France Plans Fashion Revolution With Climate-Impact Labels

Is it better for the environment if you buy a brand-new cotton T-shirt or a recycled one? Well, it depends. Recycling has apparent benefits, but the process shortens cotton fibres and so usually has...

Leveraging Urban Agriculture to Support Cities

Cities, which occupy just 3 percent of the Earth’s land, account for up to 80 percent of energy consumption and 75 percent of carbon emissions.  By 2050, nearly 70 percent of the global...

No Basis To Classify Lithium As Hazardous, Industry Groups Say

Electric vehicle battery material lithium should not be classified as a hazardous substance by the European Union because the scientific evidence on which the proposal is based is weak, seven industry groups...

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