Climate change challenges for chemicals sector are increasing
Storms, floods, droughts and heat will disrupt the supply of chemicals as climate change impact grows, according to a report released by Lux Research, which cites hundreds of millions of dollars in damage so far on a global scale. Climate-related hazards are poised to massively disrupt the chemicals industry, on top of the lost earnings […]
Flora, fauna research underway in basins of four Neretva tributaries
The Center for Environment from Banja Luka began research into the flora and fauna in the basins of the Neretva river tributaries Buna, Bunica, Bregava and Trebižat with the aim to secure long-term protection and sustainable use of the water streams and thus benefit local communities and the wider public. The Critical Ecosystem Partnership Fund […]
Norway sets aside EUR 2.1 billion to develop carbon capture, storage
Equinor is working with Shell and Total on transferring liquefied CO2 through a pipeline to below the seabed so that it isn’t released into the atmosphere. Norway approved EUR 2.1 billion in state aid for the carbon capture and storage (CCS) project for a cement factory and a waste incinerator. Regulators have agreed with the […]
EU cuts Just Transition Fund to EUR 10 billion in COVID-19 recovery deal
The European Council reached an agreement on the seven-year budget through 2027 including a mechanism for the recovery from the effects of the coronavirus pandemic worth EUR 750 billion. The EU heads of state and government gave the green light for EUR 10 billion for the Just Transition Fund from the COVID-19 war chest, slashing […]
Ten units of Western Balkan thermal power plants must be shut down by 2023
Ten units of coal-fired power plants in total will be shut down by the end of 2023 in BiH, Montenegro and Serbia, according to the Energy Transition Tracker
Reducing use of coal to get cleaner air in Sarajevo
Authorities in Sarajevo plan to limit the use of coal in order to start solving the decades-old problem of polluted air. Air pollution is directly responsible for one of five premature deaths in the city. Due to air pollution, the capital of Bosnia and Herzegovina is often among the 50 most polluted cities in the […]
CINS: Official air quality monitoring data for Serbia are unreliable
Some automatic stations that measure air pollution in Serbia were out of service for years and others recorded partial or unreliable data amid a lack of funding. The state lowered reporting standards since the system was rolled out ten years ago. The capacity of domestic automatic monitoring stations has been decreasing since 2010, when they […]
Fool’s Gold: Financial institutions waste billions on coal, undermining climate action
European financial institutions and international investors and banks including BlackRock and Japanese megabanks are keeping Europe’s terminally declining coal industry on life support, handing companies EUR 12 billion in investment, and EUR 9.8 billion in loans and underwriting in less than 1.5 years, according to a new report by Europe Beyond Coal and partners. Such […]