Water-food-energy-ecosystems nexus and benefits of cooperation in the Western Balkans
Project: Greening economic development in Western Balkans trough applying a nexus approach and identification of benefits of transboundary cooperation Funded by: Italian Ministry for the Environment, Land and Sea Countries: Bosnia and Herzegovina, Montenegro, Serbia Lead executing agency: United Nations Economic Commission for Europe (UNECE) Overall term: 2016-2017 CONTEXT Development plans in Bosnia and Herzegovina, […]
Belgrade Mayor announced partnership with Chinese Poly Group for wastewater plant
Belgrade Mayor Siniša Mali announced the construction of a wastewater treatment plant just outside the city. Mali said a deal had been reached on the project with the Chinese company Poly Group during a visit by a Serbian delegation to Beijing. Poly Group will complete the construction of a wastewater collector and a pipeline to […]
MK Fintel Wind first green energy firm on Belgrade Stock Exchange
The MK Fintel Wind company, jointly owned by the Italian Fintel Energia Spa and MK Group, is set to become the first green energy produced in Serbia to sell shares on the Belgrade Stock Exchange. Company CEO Tiziano Giovannetti said he expects to raise between EUR 120 and 150 million from the sale of shares. […]
GGF provides EUR 20 million senior loan to UniCredit Bank for renewable energy financing in Serbia
The senior loan for financing renewable energy projects represents the beginning of the cooperation between GGF and UniCredit Bank Serbia. The renewable energy projects to be financed by the GGF loan are expected to reduce carbon dioxide (CO2) emissions by 47,000 tons. The Green for Growth Fund (GGF) and UniCredit Bank Serbia have signed a loan agreement […]
There’s no such thing as a free lunch
By Kristina Cvejanov, President on Serbian Packaging Waste Recyclers Association The media recently reported that Serbia is preparing to open Chapter 27 on the environment in its accession negotiations with the European Union by the end of this year or early next year. The plan is to complete the draft negotiation platform by the end of […]
Serbian petroleum company NIS will have to pay eco-tax unless it proves exemption
Serbian authorities reiterated their position that all companies have to pay environmental tax, including the Petroleum Industry of Serbia (NIS) which allegedly doesn’t pay it on the basis of the Agreement on cooperation in the energy sector, signed between Serbia and Russia in 2008. Serbian Minister of Agriculture and Environmental Protection Branislav Nedimović recently said […]
Waste exchange about to be launched in Serbia, RTS finds out what are the benefits
In Serbia, only 10% of waste is recycled, which means that the country is loosing profit worth EUR 50 million annually. Used paper, PET packaging waste, glass and metal mostly end up either on landfills or in the nature. Most of the collected waste is exported, while domestic facilities do not have enough raw material […]
EPCG joining SEEPEX later this year just the first step in further integration with other power markets
Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro is currently preparing paper work to become member of SEEPEX, licensed Serbian power market operator. CEO of SEEPEX Miloš Mladenović sees this move as mutually beneficial, one which will provide EPCG with safe and stable energy trading platform, along with increased regional presence and improved […]