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Tag: renewable energy
UN: Renewable Energy Creates a Safer Future
Fossil fuels, such as coal, oil, and gas, are the biggest contributors to global climate change, accounting for 75 percent of global greenhouse gas emissions and nearly 90 percent of all carbon...
EBRD Arranges 40.1 Million Euros Financing to Elektroprivreda BiH towards Bosnia and Herzegovina’s Green Transition
The European Bank for Reconstruction and Development (EBRD) is providing a EUR 25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and...
The Fashion Industry Lags in Achieving Climate Goals
The fashion industry remains one of the world’s top polluters and shows no serious tendencies to change its business models and make them more sustainable.
Members of the global movement Fashion Revolution, which...
Key Enablers to Triple Renewables by 2030: Skills and Capacities
The International Renewable Energy Agency (IRENA) has pointed out that reaching over 11 Terawatts of installed renewables capacity as set at COP28 would necessitate overcoming identified structural barriers. One of those barriers...
The Global Climate Finance Centre and IRENA Join Forces to Accelerate Global Climate Finance
The International Renewable Energy Agency (IRENA) and the Global Climate Finance Centre (GCFC), an independent entity focused on catalysing climate investments and solutions globally, announced a strategic partnership to scale-up climate finance...
On the Way to the Energy Transition
The Energy Community recognized the Republic of Serbia as a leader in energy reforms in the region in 2023. Key steps have been taken to improve the legislative framework and set strategic...
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...
Global coal demand is set to remain broadly flat through 2025
Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and...
By Investing in Sustainability, we’re Improving the Natural and Business Environment
Delta Holding is successfully implementing its ESG strategy, which contributes to environmental protection and the improvement of the quality of life in the community. Tijana Koprivica, the company’s Sustainable Business Manager, spoke...
Tripling Renewables by 2030 Requires a Minimum of 16.4 Per Cent Annual Growth Rate
The Renewable Energy Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables becoming the fastest-growing source of power, the world risks missing the tripling renewables target...
New UK Government plans big push on wind
The UK’s new Labour Government has great ambitions for accelerating the deployment of wind energy, both onshore and offshore. To deliver on their new goals they will need a massive overhaul of...
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...
ABB Investing 35 Million Dollars in New U.K. Earthing and Lightning Protection Factory
Lightning strikes and electrical surges disrupt critical operations and cause billions of dollars in damage to structures and equipment each year. With growing reliance on electronics and data centers, ABB is investing...
Renewables and Grid Flexibility Would Slash Electricity Prices by a Quarter by 2030, by a Third by 2040
Boosting renewables, electrification and flexibility would structurally ease electricity costs for consumers, increase European competitiveness, and reinforce the business case for solar.
New modelling shows that electrification and flexibility can slash average day-ahead...
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,...
EBRD is Supporting Renewable Investments in Romania
The European Bank for Reconstruction and Development (EBRD) is lending over 46 million euros as part of a 93 million euros financing package to build and operate a 102 MW onshore wind...
