EU aligns sustainability reporting with global standards, but slammed for ‘watering down’ requirements
The new rules have drawn criticism for “watering down” the sustainability reporting requirements and smoothing the way for greenwashing
Sweden blocks Vattenfall’s offshore wind project to protect nature, shipping
The proposed wind farm would have produced between 2.5 TWh and 3 TWh a year, an equivalent of 1.5% of Sweden’s electricity consumption
Renewables are gathering momentum at an important time for the Western Balkans
Several countries in the region made significant strides in the green energy transition and the rollout of auctions was a major factor, EBRD Director for Western Balkans Matteo Colangeli wrote in an op-ed for Balkan Green Energy News
Green for Growth Fund invests in NLB green bond
The fund said it aims to provide support specifically for various projects in the field of renewable energy in BiH, Kosovo*, Montenegro, North Macedonia, and Serbia
EU adopts new Energy Efficiency Directive, sets 2030 target at 11.7%
Member states agreed to collectively ensure that final energy consumption in 2030 is at least 11.7% lower than what was forecasted in 2020
Europe’s largest steel plant gets up to EUR 2 billion to transition to green hydrogen
Germany earmarked grants of up to EUR 2 billion for ThyssenKrupp to decarbonize its steel production processes using hydrogen
Renewables capacity in projects backed by GGF reaches 1.2 GW in 2022
The Green for Growth Fund (GGF) said it achieved progress last year in mitigating climate change and promoting sustainable economic growth in its 19 markets
EU lawmakers adopt position on making electricity market more consumer-friendly
The European Parliament's energy committee called for improving electricity consumers' right to long-term, affordable and stable prices and to mitigate price shocks
