Earth Overshoot Day is August 22 but Balkans already spent most of 2020 environmental credit
The COVID-19 pandemic reduced the overconsumption of nature’s capacity to levels from 15 years ago, but it doesn’t guarantee a permanent reversal in the trend, according to data behind the Earth Overshoot Day model. If we look at the environmental impact by country from the start of the year, only one in the Balkans isn’t […]
Norway sets aside EUR 2.1 billion to develop carbon capture, storage
Equinor is working with Shell and Total on transferring liquefied CO2 through a pipeline to below the seabed so that it isn’t released into the atmosphere. Norway approved EUR 2.1 billion in state aid for the carbon capture and storage (CCS) project for a cement factory and a waste incinerator. Regulators have agreed with the […]
World Oceans Day 2020: Exploring innovation to protect oceans
The United Nations (UN) is celebrating this year’s World Oceans Day focusing on innovative solutions from around the globe that can help ensure a sustainable management of the world’s oceans amid unprecedented threats they face due to human activity. The UN’s virtual conference marking World Oceans Day 2020, to be followed by events throughout World […]
Finance in Motion releases impact investment report Road to Impact
In 2019 Finance in Motion advised funds which had facilitated over 70,000 new loans to small businesses and households and were helping prevent the emission of more than 870,000 tons of CO2 every year, according to its annual impact investment report Road to Impact. The asset manager said that by the end of last year […]
Top 3 CO2 emitters for 2019 in Bulgaria, Croatia, Greece, Cyprus, Romania, Slovenia
Lignite power plants are occupying the most positions on the 2019 list of the top three CO2 emitters in the EU member states in the region. The facilities hold 10 out of 18 positions in total in Bulgaria, Croatia, Greece, Cyprus, Romania, and Slovenia. After coal-fired power plants, the second-largest group of emitters are cement […]
March 21 is International Day of Forests: Home to 80% of all terrestrial species
The global celebration of forests – March 21 has been declared to be the International Day of Forests by the United Nations General Assembly. The theme of the 2020 International Day of Forests celebration is “Forests and Biodiversity”. This year’s celebration had a very sad introduction because Kenya’s only female white giraffe and her calf […]
Scientists find way to turn CO2 back into coal at room temperature
A team of scientists at RMIT University in Melbourne, Australia have found a way to use liquid metals to turn CO2 back into coal at room temperature, a process claimed to be affordable and scalable. Most other carbon capture technologies are thought to be costly without subsidies, as they enable compressing gaseous CO2 into a […]
Helping SEE region transform energy consumption model, shape political will for sector changes
Our ultimate goal is to improve people’s quality of life in South-East Europe (SEE), Joachim Gaube, Sector Fund Manager of the GIZ Open Regional Fund for SEE-Energy Efficiency’s (ORF-EE) said in an interview for Balkan Green Energy News. He told us that since 2008, the ORF-EE has been providing support to the SEE countries in […]