EU approves EUR 243 million package for birds, bats, other projects to protect nature, environment
The European Commission has approved an investment package of EUR 243 million from the EU budget for projects under the LIFE program supporting nature, the environment, and quality of life in Europe’s transition to a more sustainable and low-carbon future, according to a press release from the EU executive. Funds of EUR 196.2 million will […]
Global warming report calls for “unprecedented changes” in all aspects of society
The Intergovernmental Panel on Climate Change (IPCC), the leading world body for assessing the science related to climate change, has issued a report that calls for “rapid, far-reaching and unprecedented changes in all aspects of society” to limit global warming to 1.5°C. The Special Report on Global Warming of 1.5°C was approved by the IPCC […]
Resalta completes largest public-private partnership for energy efficiency in South-East Europe
The largest public-private partnership (PPP) for energy efficiency in South-East Europe is now operational, with the energy retrofit of 48 public buildings in the City of Ljubljana officially completed, Slovenian energy service company Resalta has announced. The company also said it has signed the second energy retrofit project for 11 buildings worth EUR 4.8 million. […]
TRC’s R3FIBER offers reduced carbon footprint of composites
Some 300,000 turbine blades have already been dumped in EU landfills, with 40,000 more generated by the wind industry every year. Blades, but also boats, planes, and cars, are manufactured from fiber reinforced composites. These components have a high environmental impact, to name only one problem they create. These issues are being tackled by Spanish […]
OEDAS inks finance deals worth USD 330 million to upgrade distribution network
Turkey’s electricity distribution company Osmangazi Elektrik Dagitim (OEDAS), a subsidiary of Zorlu Energy Group, has signed project finance agreements with three international finance institutions (IFI) for Turkish lira-denominated lending worth USD 330 million to finance electricity distribution investments. The lending from the European Bank for Reconstruction and Development (EBRD), IFC, a member of the World […]
CLIM@ competition for sustainable future – Call for applications
The Green for Growth Fund (GGF) has launched clim@, a new competition for innovative businesses or projects that have the power to change current practices and demonstrate strong positive climate impact. Fostering energy conservation, renewable energy and resource efficiency as keys to a sustainable future, the GGF has opened the call for applications globally for […]
CO2 emissions from new cars to be 30% lower, proposes European Commission
The European Commission (EC) proposed yesterday new targets for the EU fleet-wide average CO2 emissions of new passenger cars and vans to help accelerate the transition to low and zero emission vehicles. The average CO2 emissions from new cars and vans will have to be 30% lower in 2030, compared to 2021. The new targets […]
GGF helps energy efficiency in Serbian homes via Halkbank
Primary energy savings of 43 GWh and reductions of carbon dioxide emissions of more than 13,000 metric tonnes on an annual scale were highlighted by the Green for Growth Fund as it announced a long-term EUR 5 million loan for the housing sector in Serbia. The deal signed with Türkiye Halk Bankası AŞ’s subsidiary in […]