Greece launching new renewables, sustainable infrastructure investment scheme

Fresh investment in renewables, energy efficiency, and urban development projects across Greece will be supported following the first agreement under a new EUR 650 million infrastructure investment initiative, according to a press release from the European Investment Bank (EIB), which manages the Infrastructure Fund of Funds. The Infrastructure Fund of Funds, to support renewable energy […]

Romania mulls carbon price compensation scheme

The Romanian government is considering introducing a scheme for offsetting the cost of the EU Emission Trading System (EU ETS), but details have not yet been announced, local media reported. The scheme would be available to all companies that are obliged to hold emission allowances. The price of these certificates has increased sharply in the […]

European Commission: Montenegro should step up enforcement of laws in environmental protection, climate change

Montenegro has made some progress in harmonizing its legislation with the EU in the field of energy, especially regarding renewables, the European Commission said in its latest report on the country’s progress in aligning with the EU acquis, while calling on the authorities to switch from feed-in tariffs to market-based support schemes for renewable energy. […]

European Commission: North Macedonia moderately aligned on energy, makes limited progress in environment-related laws

North Macedonia remains moderately aligned with the EU acquis in the field of energy, while making limited progress in further harmonizing some environment-related laws and policies. At the same time, the alignment of the climate-related rules is still at an early stage, according to the European Commission’s latest report on the country’s alignment with the […]