Investments of USD 131 trillion needed by 2050 to limit global warming
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 surpasses EUR 43 to reach new record
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 calls for introduction of cross-border CO2 tax
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
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 caused by extreme weather could increase to EUR 170 billion annually
The EU has adopted a new EU Strategy on Adaptation to Climate Change to prepare for the unavoidable impacts of climate change.
More efficient machinery helps Graničar agricultural cooperative fight climate change
Agricultural cooperative Graničar has invested in high-performance farm machinery that helps cut CO2 emissions and fight climate change.
Building materials leading CO2 utilization market to USD 550 billion by 2040
Cement and other building materials offer the biggest potential as governments and investors are turning to CO2 utilization
COVID-19 pandemic accelerated slowdown in coal power plant sector
Electricity output from fossil fuels dropped more than from low-carbon sources. The coal power sector showed the greatest weakness in the market.