Rethinking financial sustainability for biodiversity

Biodiversity can be in the center of sustainable development, yet it requires systematic solutions and diverse mechanisms that enable retainment and reinvestment of funds into conservation.  This new sourcebook deals with a range of additional financial instruments that may support planning and thinking about financing biodiversity, ecosystems and protected areas as investments in sustainable development. […]

Croatia reduces green power surcharge for energy-intensive companies

Energy-intensive companies in Croatia could save up to EUR 10 million a year through the government’s scheme to reduce the surcharge they pay for incentivizing renewable energy production. The European Commission has approved, under EU State aid rules, a Croatian scheme that grants reductions to energy-intensive companies on a surcharge to finance support for renewable […]

Vienna powers second subway station with brake energy converter

When underground trains arrive at Altes Landgut in a southern district in Vienna, braking energy is recovered for illumination and the electric devices at the station. Friction creates heat and braking releases energy. After a successful pilot in 2018, the public transport operator in the Austrian capital introduced an inverter at another underground station. The […]