Think tanks supporting Western Balkans accelerate energy transition, reach Green Deal
A project implemented by Agora Energiewende will support regional governments in developing strategies and plans for coal phasing out, increasing the share of renewables, and identifying the financing sources.
G7 agrees to eliminate international funding for coal power generation
The group of the wealthiest developed countries became "net zero G7" this year as they all vowed to eliminate net emissions by 2050.
Serbia halts construction of 350 MW coal power plant Kolubara B
The move could be seen as the first serious step in the energy transition and the decarbonization of the energy sector.
EU Greens want CO2 floor price of EUR 50, increase to EUR 150 by 2030
The Greens in the European Parliament want to increase the CO2 price in order to phase out coal and achieve 100 percent renewables target.
EU member states to receive EUR 17.5 billion in grants for fossil fuel phaseout
Workers in the coal industry and regions that depend on it in the EU will be able to tap on the EUR 17.5 billion Just Transition Fund
EPBiH would have to pay EUR 200 million per year for CO2 emissions
The amount exceeds the total cost of coal power production and it would make the activity unprofitable.
Germany plans to set 2045 target for climate neutrality
Germany plans to bring forward its net zero emissions deadline to 2045, or five years ahead of the European Union’s declared target.
Greece, Romania most active in Southeast Europe in tackling climate challenge
Greece and Romania are the most active among EU member states in Southeast Europe on climate change issues, while Bulgaria is trying to catch up.