Climate Change
Greece’s first Climate Law to end lignite use by 2028
19 November 2021 - Ambitious new sectoral energy and climate goals will be included in Greece’s first Climate Law,...
Serbia to be ready for first renewable energy auction by early next year
17 November 2021 - Serbia plans to hold a roundtable and workshops for investors before its first renewable energy auction, State Secretary Atanacković said
What worries you the most about climate change?
12 November 2021 - People in the EU, the US, and China see an increase in natural disasters as the biggest climate change-related concern, an EIB survey finds.
US, China – top two carbon emitters – to cooperate on cutting emissions
11 November 2021 - China and the United States are seeking to close “a gap between the current effort and the Paris agreement goals.”
Romania, Bulgaria intend to build small nuclear power plants
10 November 2021 - The first small modular reactor (SMR) in Europe could be built in Romania, and Bulgaria is also interested in the technology.
Greece to ban sale of new gasoline, diesel cars in 2030
09 November 2021 - Greece's draft Climate Law envisages a ban on the sale of new cars with internal combustion in 2030, five years earlier than the EU's target
Municipalities across Greece to develop solar power projects for own consumption
09 November 2021 - Local authorities in Greece are working on solar power projects to achieve savings in their budgets, lower emissions and secure electricity supply
How would USD 100 carbon price hike impact world’s economies?
08 November 2021 - A USD 100 rise in carbon taxes would be a significant shock to the global economy but it falls well within the realms of potential scenarios
Romania to decarbonize its coal power plants with wood pellets
08 November 2021 - Energy minister Virgil Popescu and Bjørn H. Knappskog, CEO of Arbaflame, have signed a letter of intent with the aim of cutting Paroseni power plant's CO2 emissions
EIB survey: citizens of China and USA more confident from EU citizens about success of their governments to reduce carbon emissions by 2050
07 November 2021 - According to the European Investment Bank's survey on climate change for 2021-2022, the majority of EU citizens are skeptical about the ability of their countries to successfully reduce carbon emissions by 2050 successfully.
COP26: Western Balkan leaders ask for funds, rules on how energy transition game is played, scrapping endless papers and strategies
04 November 2021 - Leaders of Western Balkan states urged rich countries at the COP26 to show solidarity in the energy transition to cleaner sources
Cyprus to invest over EUR 500 million in green transition, emission cuts
04 November 2021 - President of Cyprus Nicos Anastasiades said over EUR 500 million would be spent on a cleaner fuels rollout and the greening of its economy
Croatia announces at COP26 that it would stop using coal in 2033 or sooner
03 November 2021 - Croatia will lower carbon emissions by 45% by 2030 and abandon coal use by 2033 at the latest, PM Andrej Plenković said at the COP26
Deep-greening transformation is essential for banking competitiveness
02 November 2021 - Banks are missing out on lucrative and innovative opportunities in the new green economy if they don't adapt to the green energy revolution
COP26 climate summit begins without firm commitment from most powerful countries
01 November 2021 - G20 increased the uncertainty about the outcome at COP26 with its weak joint statement on climate action goals and funding
Mitsubishi Shipbuilding captures CO2 from ship exhaust gas
29 October 2021 - Mitsubishi Shipbuilding launched a carbon capture project on a cargo ship with the ambition to develop such systems on a commercial scale