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Tag: Paris Agreement
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...
EU – New Zealand Trade Agreement: Unlocking sustainable economic growth
The EU and New Zealand have today concluded negotiations for a Trade Agreement, which is set to open significant economic opportunities for companies and consumers on both sides. The deal also includes...
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...
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...
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...
Europe: Electric Car Sales Surpass Diesel
In a milestone for the environment, Europeans purchased more electric cars than those powered by diesel last month. According to recent data, over 20 percent of new cars sold in Europe and...
Why Children and Youth Hold the Key to a Sustainable Future
In a world where climate change-induced environmental emergencies, such as floods, extreme temperatures and fires, are increasingly becoming the norm, the future can often look uncertain. This future is particularly uncertain for...
EBRD Green Finance in 2021 Hits Record 51 Percent of 10.4 Billion Euros Total
The EBRD’s green financing hit a record 5.4 billion euros, or 51 percent, of total business volume of 10.4 billion euros in 2021.
“These excellent results underscore the Bank’s strong dedication to continuing...
EBRD Invests 5 Million Euros in Lithuanian Green Bond to Accelerate Regional Renewables
The European Bank for Reconstruction and Development (EBRD) is investing 5 million euros in a 25 million euros Green Bond issued by UAB Atsinaujinančios Energetikos Investicijos (AEI). AEI is a Lithuanian fund and renewable...
Nature-Based Solutions as a Response to Climate Change
Today International Union for Conservation of Nature, Regional Office for Eastern Europe and Central Asia (IUCN ECARO), in cooperation with the Public Investment Management Office of the Government of the Republic of...
COP26 Climate Pledges Could Help Limit Global Warming to 1.8 °C, but Implementing Them Will Be the Key
At the COP26 Climate Change Conference taking place in Glasgow, a key question is what do all the new pledges by different countries to reduce emissions mean for global warming? This was...
What Does COP26 Mean for Adaptation?
As the UN Climate Change Conference of the Parties (COP26) came to a close, news agencies and bloggers ploughed through the Glasgow Climate Pact to make sense of the commitments made to...