Finance in Motion releases impact investment report Road to Impact
In 2019 Finance in Motion advised funds which had facilitated over 70,000 new loans to small businesses and households and were helping prevent the emission of more than 870,000 tons of CO2 every year, according to its annual impact investment report Road to Impact. The asset manager said that by the end of last year […]
Region gets EU support to wrap up just transition plans
The European Commission has approved all requests made by 18 member states including Bulgaria, Croatia, Cyprus, Greece, and Romania, for support in the preparation of their territorial just transition plans, which each country will have to draw up to get access to funding from the Just Transition Mechanism. The Just Transition Mechanism is part of […]
Top 3 CO2 emitters for 2019 in Bulgaria, Croatia, Greece, Cyprus, Romania, Slovenia
Lignite power plants are occupying the most positions on the 2019 list of the top three CO2 emitters in the EU member states in the region. The facilities hold 10 out of 18 positions in total in Bulgaria, Croatia, Greece, Cyprus, Romania, and Slovenia. After coal-fired power plants, the second-largest group of emitters are cement […]
Apply for environmental protection fellowships offered by Germany’s DBU
The German Federal Environmental Foundation (Deutsche Bundesstiftung Umwelt, DBU) has called for applications for fellowships for university graduates from Central and Eastern Europe (CEE). The deadline is September 5. DBU awards up to 60 fellowships per year for advanced qualifications in all fields of environmental protection and nature conservation, in the spirit of promoting young […]
Goverments in region to incentivize investments in renewables – PwC study on COVID-19
Governments in the region need to incentivize investments in renewables and reiterate the focus on sustainability, says PwC Croatia in a study called Impact of COVID-19 and Economic Downturn on South East Europe Power and Utility Sector. According to the document, the power and utility (P&U) sector is facing disruption across the value chain. However, […]
Environmental organizations’ appeal to Vučić, Brnabić: Accelerate shift to climate neutral economy
Nine environmental civil society organizations have asked the Serbian authorities to postpone any decision making that is not immediately relevant to the health of the people and proposed to accelerate the shift towards an economy that is climate neutral, protects nature, health and wellbeing, and lets nothing go to waste. An appeal to the President […]
Kosovo’s* KEK gets new acting chief executive officer – Luigj Imeri
Luigj Imeri is the new acting chief executive officer of Kosovo’s* power utility KEK, local media reported. The Interim Board of Directors of Kosovo’s* power utility KEK has appointed Imeri at an extraordinary meeting in a unanimous vote. Before his appointment, Imeri was the executive director of TPP Kosovo B, a position he held from […]
Terna: EUR 11 billion in green energy projects to boost Greece’s recovery
The Greek economy may get an enormous push with EUR 11 billion investments in renewable energy and electricity storage projects in the post-coronavirus era. According to Terna Energy’s Chairman Giorgos Peristeris, fully licensed investments in renewables with a total capacity of 2,400 MW are ready, while an additional 5,800 MW of renewable energy projects obtained […]