Climate Change

Carbon-border-adjustment-mechanism_Turkey_2026

Turkish exporters to EU face EUR 771 million burden due to carbon border tax

06 August 2021 - Producers of cement, aluminium, electricity, and steel could face additional costs estimated at EUR 399-771 million in 2026.

paris agreement serbia albania ndc

Albania, Serbia among 81 Paris Agreement signatories that haven’t sent new emission cut targets

04 August 2021 - By the July 30 deadline, 110 parties to the Paris Agreement or 58% submitted new or updated nationally determined contributions or NDCs.

croatia recovery resilience plan rimac ina

Croatia’s recovery and resilience plan: EUR 200 million for Rimac autonomous taxis

30 July 2021 - The country earmarked EUR 200 million from its recovery and resilience plan for Rimac's urban mobility ecosystem with electric autonomous taxis.

Earth Overshoot Day is July 29 after pandemic planet returns to business as usual

Earth Overshoot Day is July 29: resource consumption rebounds after pandemic

28 July 2021 - After the pandemic caused a decrease in the use of resources in 2020, the world returned to business as usual and matched the worst result ever.

energy-2021-conference

Energy 2021 conference: experts recommend coal phaseout and transition to renewables as best solution for Serbia’s energy sector development

26 July 2021 - The optimal solution for Serbia’s energy sector is a hybrid model that entails a coal phaseout and transition to renewable energy sources, with natural gas and hydrogen as transitional fuels, experts say.

Fit for 55 package to push CO2 prices to EUR 90 by 2030

Fit for 55 package to push CO2 prices to EUR 90 by 2030

20 July 2021 - A price increase is expected in particular in the second half of the decade, according to the analysis of the ICIS.

carbon border tax explanation western balkans

EU announces carbon border tax from 2026 – what lies ahead for exporters from Western Balkans, Turkey

16 July 2021 - CBAM will be paid from 2026 on cement, iron, steel, fertilizers, aluminium and electricity, but power producers have on option to be exempted until 2030.

fit for 55 package ursula von der leyen european commission

EU’s climate-neutrality bills unveiled – ban on diesel and petrol cars, carbon border tax on imports

15 July 2021 - The European Commission adopted a package of 12 draft laws in order to achieve net GHG emissions reductions by at least 55% by 2030.

European Parliament wants fossil fuel subsidies phased out by 2025

European Parliament wants fossil fuel subsidies phased out by 2025

13 July 2021 - Members of the European Parliament said that all environmentally harmful subsidies should be phased out by 2027.

Kopac Coal plants Energy Community profits CO2 priced

Kopač: Coal plants in Energy Community reaping profits as CO2 isn’t priced

09 July 2021 - Producers of electricity from coal and traders in the Energy Community enjoy record profits as they don't have to pay for CO2 emissions, Janez Kopač said

CAN Europe Western Balkans 2030 goals decarbonize 2050

CAN Europe calls Western Balkans to set 2030 goals, decarbonize by 2050

06 July 2021 - Western Balkans need to set ambitious climate targets for the period through 2030 and reach carbon neutrality by mid-century, CAN Europe said

Zoran-Zaev-North-Macedonia-first-in-region-to-set-coal-phaseout-date-–-thermal-power-plants-will-be-shut-down-by-2028

North Macedonia first in region to set coal phaseout date – thermal power plants will be shut down by 2028

25 June 2021 - North Macedonia is the first country in the Western Balkans to make a decision on abandoning coal, announcing it will shut down its thermal power plants by 2028.

Slovenia's mayors set council to secure just transition for coal phaseout

Slovenia’s mayors set council to secure just transition for coal phaseout

22 June 2021 - The government has published action plans for phasing out coal, documents which will help Slovenia to apply at Just transition fund.

Serbia framework issue sovereign green bonds

Serbia preparing framework to issue sovereign green bonds

16 June 2021 - Serbia is getting ready to raise funds through green bonds. CBI head Sean Kidney said they are more attractive to investors than ordinary debt securities.

Serbian government adopts negotiating position for chapter 15 - energy

Serbian government adopts negotiating position for chapter 15 – energy

09 June 2021 - The document is part of the preparation for the intergovernmental conference on the accession of Serbia to the European Union.

Carbon border tax to be imposed on steel, iron, cement, fertilizers, aluminium, electricity - leaked draft

Carbon border tax to be imposed on steel, iron, cement, fertilizers, aluminium, electricity – leaked draft

07 June 2021 - The European Commission is considering a transitional period of three years for fully implementing CBAM, from 2023 until 2026.

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