Climate Change

Investments USD 131 trillion 2050 global warming

Investments of USD 131 trillion needed by 2050 to limit global warming

17 March 2021 - IRENA says planned investments in green energy and new solutions must jump 30% to USD 131 trillion to hold the rise in temperature under 1.5 degrees

EU carbon price hits record EUR 43

EU carbon price surpasses EUR 43 to reach new record

15 March 2021 - The price of EU's carbon permits rose by 32.4% in 2021 and almost 16 times since April 17, 2013, when the all-time low was registered.

European-Parliament-cross-border-CO2-tax

European Parliament calls for introduction of cross-border CO2 tax

12 March 2021 - The European Parliament supported plans for the introduction of a CO2 tax on certain foreign products to prevent carbon leakage

Serbia adopts bill on climate change

Serbia adopts bill on climate change

01 March 2021 - More than two and a half years after the public debate on the draft law on climate change has ended, the government has adopted the bill.

EU economic losses extreme weather EUR 170 billion eu strategy climate adaptation

EU economic losses caused by extreme weather could increase to EUR 170 billion annually

01 March 2021 - The EU has adopted a new EU Strategy on Adaptation to Climate Change to prepare for the unavoidable impacts of climate change. 

GEFF-Serbia-leasing-Granicar-story

More efficient machinery helps Graničar agricultural cooperative fight climate change

28 February 2021 - Agricultural cooperative Graničar has invested in high-performance farm machinery that helps cut CO2 emissions and fight climate change.

Building materials CO2 utilization market to USD 550 billion by 2040

Building materials leading CO2 utilization market to USD 550 billion by 2040

18 February 2021 - Cement and other building materials offer the biggest potential as governments and investors are turning to CO2 utilization

COVID-19 pandemic slowdown coal power

COVID-19 pandemic accelerated slowdown in coal power plant sector

16 February 2021 - Electricity output from fossil fuels dropped more than from low-carbon sources. The coal power sector showed the greatest weakness in the market.

Winner XPRIZE Carbon Removal USD 50 million Elon Musk

Winner of XPRIZE Carbon Removal to get USD 50 million from Elon Musk

15 February 2021 - In the first phase of the global carbon capture and storage competition, XPRIZE will select 15 teams, which will get help in fundraising

croatia climate neutral 2050

Croatia aims to be climate neutral by 2050

29 January 2021 - Minister of Economy and Sustainable Development Tomislav Ćorić has said that Croatia has opted for a climate-neutral economy by 2050.

US-climate-change-Biden

US poised for radical change on climate policy under President Biden

28 January 2021 - US President Joe Biden has ordered the new administration to review oil and gas projects on federal land, scrap fossil fuel subsidies, and replace the government’s vehicle fleet with electric cars.

carbon border tax timmermans

Carbon border tax needed to ensure “survival” of EU’s industry

20 January 2021 - The EU will introduce it on non-EU countries unless they commit to lowering their emissions, according to Frans Timmermans.

climate survey eib

What lifestyle changes are people ready to make to help fight climate change?

15 January 2021 - Americans, Chinese, and Europeans say it would be easier to give up flying to fight...

Germany international climate initiative small grants climate biodiversity

German International Climate Initiative offers EUR 60,000-100,000 grants for climate, biodiversity projects

06 January 2021 - The initiative has published Small Grants International Call for small and local organisations from 142 partner countries.

Pledges in Trees in Cities Challenge reach 11 million

Pledges in Trees in Cities Challenge reach 11 million

06 January 2021 - UNECE said 11 million trees would be planted as a result of its Trees in Cities Challenge. Tirana vowed to plant almost one tree per inhabitant

unep emissions gap report poorest richest share

World’s richest 1% cause two times more CO2 emissions than poorest 50%

18 December 2020 - The wealthiest 1% of people need to reduce their CO2 footprint by a factor of 30 to stay in line with the Paris Agreement targets, UNEP said.

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