climate change
Germany’s industry to get billions in subsidies to decarbonize
14 March 2024 - Carbon contracts for difference should help companies stay competitive as they transition to more expensive production processes
Siemens Serbia’s Lončar: Planet needs ecosystem, not egosystem
06 March 2024 - Knowledge and new technologies are key to the response to challenges that the planet is facing, CEO of Siemens Serbia Medeja Lončar said
Bridging the climate financing gap – seizing the opportunity
06 March 2024 - Despite climate finance having grown consistently over the last decade, we are far behind what is needed to meet the goals of the Paris Agreement
Global energy sector emissions hit record high in 2023
04 March 2024 - Droughts limited hydropower production last year, so emissions in the energy sector reached a third consecutive record high, IEA said
Power grids require investing USD 3.1 trillion by 2030 to limit global warming
21 February 2024 - Outdated and inadequate power grids are one of the most significant stumbling blocks for the energy transition, Rystad Energy warned
Another climate record broken: January 2024 warmest in history
09 February 2024 - January 2024 was the warmest in history and also the eighth consecutive month in which global temperatures reached all-time highs
EU proposes 2040 emissions cut target of 90%, spelling end of coal
07 February 2024 - The European Commission published an impact assessment on possible pathways toward making the European Union climate neutral by 2050
Holcim selects Miljan Gutović as its next CEO
01 February 2024 - Holcim said its Head of the Region Europe and Operational Excellence Miljan Gutović would replace CEO Jan Jenisch on May 1
EU adding arms industry to priorities alongside climate, digitalization
31 January 2024 - Top European Union officials have acknowledged that defense spending is making its way to the group of key investment priorities
EU allows importers to delay first CBAM report by one month
31 January 2024 - 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
26 January 2024 - 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
15 January 2024 - 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
12 January 2024 - 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
29 December 2023 - 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
18 December 2023 - 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
15 December 2023 - Representatives from almost every country reached an agreement on the final text of a new...