Serbia rolls out ecotax – firms to pay up to EUR 17,000 per year
The Government of Serbia adopted a directive dividing the corporate sector into three categories according to environmental impact and imposed ecological taxation. Firms are in four groups with regard to size. Persons taxable with property tax were also included at the bottom, with a levy of RSD 1,200 (EUR 10.2) per annum. The ecotax was […]
Multilateral development banks announce joint framework at COP24 to combat climate change
Multilateral Development Banks (MDBs) have announced a joint framework at COP24 for aligning their activities with the goals of the Paris Agreement, reinforcing their commitment to combat climate change, according to a joint press release. In a joint declaration, issued at the start of the 24th Session of the Conference of the Parties to the United […]
GCF climate project to support EUR 100 million worth investments in Serbia
Green Climate Fund (GCF) – European Bank for Reconstruction and Development (EBRD) programme is expected to support around USD 100 million worth of investment opportunities in high-performance energy efficiency and renewable energy technologies in Serbia, the Bank told the Balkan Green Energy News portal. The EBRD and GCF co-financed USD 1.4 billion worth programme to […]
GCF gives green light to largest climate project to date, Serbia included
The Green Climate Fund (GCF), set up by 194 countries which are parties to the United Nations Framework Convention on Climate Change (UNFCCC), will start funding its largest climate finance investment to date through projects in Armenia, Egypt, Georgia, Jordan, Republic of Moldova, Mongolia, Morocco, Serbia, Tajikistan, and Tunisia. This investment is co-financed by the European Bank […]