Four systemic Greek banks join EUR 650 million sustainable infrastructure program – EIB
The European Investment Bank (EIB) has confirmed in a press release involvement of four systemic Greek banks in a new EUR 650 million green infrastructure investment program. Confirmation of the involvement of the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank – will enable EUR 650 million for […]
Contracts signed to finance switching two Serbian heating plants to biomass
Heating plants in six municipalities in Serbia will receive EUR 26.7 million to switch from fossil fuels – coal and heating oil – to biomass, the Ministry of Mining and Energy said on its website. The first two municipalities to get new heating plants will be Priboj and Mali Zvornik, by the of 2022. The […]
GGF secures EUR 25 million from OeEB to continue green finance
The Development Bank of Austria (Oesterreichische Entwicklungsbank AG – OeEB) has increased its investment with the Green for Growth Fund (GGF) by providing an additional EUR 25 million in senior shares, according to a press release from the GGF. OeEB’s commitment will help the GGF continue to develop renewable energy projects and improve energy and […]
TENDERING: Consulting services to conduct energy audits for 40 public buildings
The Sarajevo Canton has issued a public call for the provision of consulting services to conduct energy audits and detailed design for 40 public buildings. The canton will use a EUR 500,000 grant from the European Bank for Reconstruction and Development (EBRD) grant to finance these services, the EBRD said in a request for proposals, […]
Siemens signs deal to introduce adaptive traffic control system in Belgrade
German technology company Siemens and the City of Belgrade have signed an agreement on the procurement of equipment, design, and the establishment of an adaptive traffic control system in Belgrade (phase 1), worth over RSD 2.8 billion (around EUR 24 million). The agreement to establish the adaptive traffic control system was signed by Dušan Rafailović, […]
Energy transition – Incentives should be abandoned, renewables left to the market (part two)
Author: Goran Granić, director of Energy Institute Hrvoje Požar The biggest problem with all energy policies, including the European Union’s (EU), is inconsistency, i.e. extracting one problem and tackling it individually. For the first time ever, the EU is initiating a unified climate-energy policy, with the drafting of member states’ national plans under way, which […]
Green building becoming increasingly important to tenants
A green building will not pollute the environment during construction or use. This will benefit the residents as they will have better working and living conditions, but also their neighbors, because the building will produce, for example, less noise. Reduced CO2 emissions are also one of the benefits of the green building concept – buildings […]
Just transition report looks into post-coal job prospects in Romania’s Jiu Valley
NGOs Greenpeace and Bankwatch Romania have launched a new report outlining scenarios for the just transition of Romania’s best-known coal region, Jiu Valley, highlighting job growth and economic development without coal is very much possible in the region. The report, Just transition in Hunedoara – Economic diversification in a fair and sustainable manner, outlining scenarios […]