Climate Change

EU allocates EUR 339 for clean energy, environment projects in Western Balkans

EU allocates EUR 339 million for clean energy, environment projects in Western Balkans

28 February 2022 - The European Commission has unveiled a EUR 3.2 billion investment package to support 21 transport, digital, climate and energy projects

conference-serbian-companies-changing-power-market-carbon-pricing

Serbian Companies on the Changing Power Market: carbon taxation is inevitable and must be discussed publicly

23 February 2022 - The EU's carbon border tax or national CO2 pricing systems will affect both businesses and citizens in the region, businesspeople and experts warned at the conference Serbian Companies on the Changing Power Market.

Energy firms sue four EU countries disrupting fossil fuel

Energy firms sue four EU countries for disrupting their fossil fuel projects

23 February 2022 - Five energy companies including RWE seek almost EUR 3.7 billion in damages from the Netherlands, Italy, Poland and Slovenia

REPCONS 2 0 BiH Serbia Montenegro not ready successful energy transition

REPCONS 2.0: BiH, Serbia, Montenegro not ready for successful energy transition

16 February 2022 - Experts from the region have complied the Barometer of Sustainable Energy Transition report titled Perfect Storm – an uncontrolled decarbonization of the Western Balkans’ power sector.

Slovenian steelmaker SIJ invest decarbonization bank loan

Slovenian steelmaker SIJ to invest in decarbonization with bank loan

15 February 2022 - Steelmaker SIJ Group will use a part of a EUR 230 million loan to invest in energy efficiency as part of its decarbonization efforts

Energy Community obligated follow EU CEEAG state aid guidelines

Energy Community is obligated to follow EU’s CEEAG state aid guidelines

14 February 2022 - The EU's Guidelines on State Aid for Climate, Environmental Protection and Energy (CEEAG) are obligatory, the Energy Community Secretariat said

OCI Norway is pursuing an aggressive policy of expanding its oil and gas industries

OCI: Norway is pursuing an aggressive policy of expanding its oil and gas industries

11 February 2022 - According to Oil Change International (OCI), Norway is pursuing an oil and gas expansion policy and it has awarded 700 exploration permits in the past ten years, while the UK announced it would start exploitation at six fields in the North Sea this year

The climate goals of the world's largest companies much more promise than give the concrete results

World’s largest companies promise much more climate action than they deliver

10 February 2022 - Large global companies emphasize intentions to reduce carbon emissions to net zero, but according to the results of the latest analysis, they are going to reduce them by only 40% on average, against their pledges for 100%

EU carbon border tax must become mainstream topic in Western Balkans

EU’s carbon border tax must become mainstream topic in Western Balkans

09 February 2022 - Measures accompanying the CBAM must be directed to helping the Western Balkans adjust to the CO2 pricing system, experts say

Serbia-presents-plan-for-energy-security-renewables-to-reach-50-percent-goal-by-2040

Serbia’s ambitious energy security plan targets 50% renewables share by 2040

08 February 2022 - Ministry of Mining and Energy has prepared the document Energy Security of Serbia, with solutions for entire energy sector

European carbon emission prices hit record highs nearing EUR 100 ton

European carbon emission prices hit record highs, nearing EUR 100 per ton

03 February 2022 - The cost of a ton of CO2 within the EU ETS reached an all-time high of just below EUR 95 as the market is bracing for a rally to EUR 100.

Vinci Airports revamps Belgrade's airport energy system

Vinci Airports revamps Belgrade airport’s energy system

01 February 2022 - The Nikola Tesla Airport has put into operation a 44 MW trigeneration facility for the production of heat, electricity and cooling

Fossil fuels still subsidized more than renewables in EU, European Court of Auditors find

Fossil fuels still subsidized more than renewables in EU, auditors find

01 February 2022 - The EU's energy taxation and carbon pricing policies don't square with its climate goals, the European Court of Auditors said in a review

Bulgaria warm 4 4 C 2100 lose precipitation

Bulgaria could warm by 4.4 °C by 2100, lose 20% of precipitation

01 February 2022 - Bulgaria is severely affected by climate change, WWF and the Konrad Adenauer Foundation said, warning the temperature rise could reach 4.4 degrees by 2100

McKinsey - Decarbonizing economy requires more than USD 9 trillion

McKinsey – Decarbonizing economy requires over USD 9 trillion per year

27 January 2022 - Achieving the goal of net-zero emissions by 2050 implies global investments of USD 9.2 trillion a year, 3.5 trillion more than today

Agora Faster decarbonization Western Balkans EU CO2 border tax

Agora: Faster decarbonization in Western Balkans would ease impact of EU’s CO2 border tax

21 January 2022 - The Western Balkans need to step up the integration of their power markets and roll out carbon pricing to avoid the CO2 border tax, Agora said

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