Excessive air pollution in Valjevo triggers Air Quality Alert
The air quality in Valjevo has been in the highest category, designated as "very polluted," ever since measuring began in 2012. According to official data, the city had the highest annual level of suspended particles PM10 and PM2.5 in Serbia last year.
Platform Initiative launched to support clean energy transition in coal regions in Western Balkans and Ukraine
The Energy Community Secretariat has announced the launch of a Platform Initiative to support the clean energy transition in coal regions in the Western Balkans and Ukraine through knowledge exchange, technical assistance, and financial assistance. The Platform Initiative will be led by the World Bank and implemented under the political leadership from the European Commission, […]
National Bank of Greece raises EUR 500 million via green energy bonds
NBG sold green energy bonds worth EUR 500 million with the obligation to invest the funds in hydropower, wind parks and photovoltaic projects in Greece. The European Bank for Reconstruction and Development revealed it invested EUR 50 million in a six-year senior preferred green debt issuance by the National Bank of Greece (NBG). The Greek […]
Green development in focus of new North Macedonia government
North Macedonia set six main tasks for the next four years including environmental protection and sustainable development. The cabinet of Prime Minister Zoran Zaev promised to improve air quality, prosecute those who pollute and endanger health and to invest in mobility, renewables and energy efficiency. Prime Minister Zoran Zaev and his new cabinet said environmental […]
Serbian building firm on path to green growth with new high-efficiency equipment
Serbian construction company Karin Komerc MD has taken a significant step towards green growth by investing in new, high-efficiency equipment. The achieved cuts in energy and water consumption, reduced CO2 emissions, as well as financial savings, demonstrate the great potential of the construction industry to reduce its environmental footprint and take an active role in […]
EBRD set to lend up to EUR 5 million for energy efficiency in Niš residential buildings
The European Bank for Reconstruction and Development is considering a loan of up to EUR 5 million to finance the implementation of energy efficiency measures in up to 40 residential buildings connected to the district heating network in the Serbian city of Niš. The planned measures in the multi-story residential buildings include insulation and the […]
50 contractors eye Skopje wastewater treatment plant project
Around 50 companies have expressed interest in designing and building a wastewater treatment plant in North Macedonia’s capital Skopje, a EUR 136 million project aimed at addressing the pollution and poor quality of water in the River Vardar. The project will be financed through EIB and EBRD loans The wastewater treatment plant project is to […]
PPC, EPCG get EUR 210 million in loans to absorb coronavirus challenges
State-owned power utilities from Greece and Montenegro – Public Power Corporation (PPC) and Elektroprivreda Crne Gore (EPCG), have secured loans in the amount of EUR 210 million to absorb the challenges presented by the coronavirus pandemic. The loans, approved by the European Bank for Reconstruction and Development (EBRD), will enable the companies to continue to […]