EU allows importers to delay first CBAM report by one month
CBAM declarants can request a delay of up to 30 days to submit their first quarterly report, as a technical glitch affected the system
EU grants EUR 480 million to carbon transportation, storage projects
The EU aims to store at least 400 million tons of CO2 per year by mid-century, but not everything would be put away underground permanently
Coal plants in Bulgaria to be shut not by government but by market – minister
The country has officially set 2038 as the year when the phaseout of the coal power plants will be completed
Kosovo* adopts first Law on Climate Change
Kosovo* failed to include all the 2030 Energy Community climate and energy targets and the 2050 climate neutrality objective in its new law
Serbia adopts first Programme for Adaptation to Changed Climatic Conditions with Action Plan
The action plan for the period 2024-2026 defines 25 measures and the financial and institutional frame and timeline
EU ETS 2 will likely be bigger and tighter market than current EU ETS
EU ETS 2 is being prepared for road transport buildings and small industrial units. Experts from Vertis Environmental Finance laid out the implications.
COP28 conclusion: End for fossil fuels, but they will still be used
Representatives from almost every country reached an agreement on the final text of a new global deal at the COP28 conference, calling for a transition from fossil fuels to cleaner energy sources. The document was immediately declared historic as it signifies the definitive end of fossil fuel use. Climate activists highlight it as an important […]
COP28 adopts UAE Consensus to transition away from fossil fuels in energy
Delegates at COP28 voted to call for transitioning away from fossil fuels in energy systems to drive emissions to net zero by 2050