Rethinking financial sustainability for biodiversity
Biodiversity can be in the center of sustainable development, yet it requires systematic solutions and diverse mechanisms that enable retainment and reinvestment of funds into conservation. This new sourcebook deals with a range of additional financial instruments that may support planning and thinking about financing biodiversity, ecosystems and protected areas as investments in sustainable development. […]
Environmentalist groups unite to protest small hydropower, pollution in Serbia
More than forty environmentalist organizations participated at the demonstration in front of the building of the Government of Serbia in Belgrade against the construction of thermal power plants on coal and demanding a ban on the run-of-river or derivative-type hydropower plants. The movement that has been urging authorities in Serbia to abolish the construction of […]
Climate targets warrant closure of all gas, coal power plants soon, study shows
If solutions to turn emissions negative aren’t scaled up substantially in the mid-term to cap global warming, there is little choice but to decommission facilities for the production of electricity from fossil fuels at roughly half of their lifespans. International climate treaties and goals imply gas and coal power plants must be decommissioned 10 to […]
PPC begins voluntary layoffs at coal mines with program for 890 workers
The state-owned company PPC managing lignite open pits and thermal power plants in Greece launched the first round of the voluntary layoffs for employees in the fossil fuel business. Workers aged 55 and higher who apply are entitled to compensation of EUR 35,000 each. Minister Kostis Hatzidakis says PPC may let go up to 5,500 […]
Serbia issues draft spatial plan for coal-fired thermal power plant Kolubara B
A public consultation was launched on the draft spatial plan for the special purpose area and the strategic environmental impact assessment report for Kolubara B. Serbia is moving ahead with the development of the coal power plant project, arguing “it is not possible” to replace the fossil fuel with other sources “in the near term.” […]
High-profile arrests in Croatia highlight claims of corruption in renewables in region
At least two government officials are suspected of abuse of power in the case of the biggest wind farm in Croatia, which receives a substantial stimulus. The scandal follows massive complaints by the local population throughout Southeastern Europe and numerous accusations by activists of irregularities and corruption in projects for renewables, mostly small hydropower plants. […]
World Environment Day 2020: Here’s what we can do for nature
We are marking June 5 at a time when most countries are struggling to overcome the blow that the COVID-19 disease and its consequences are delivering on healthcare systems, transportation, manufacturing and a wide range of services. On World Environment Day, people, organizations, institutions and companies are taking the opportunity to act or enhance their […]
Beyond Leather wins clim@ 2020 competition with apple-based clothing material
The clim@ 2020 finals were held online today and the top 15 startups held virtual presentations to the judges. They decided Beyond Leather from Denmark was the best project, with its vegan product for the fashion industry. The contest is organized by Finance in Motion on behalf of the Green for Growth Fund (GGF). Renewable […]