EU 2040 emissions cut target 90 spelling end of coal

EU proposes 2040 emissions cut target of 90%, spelling end of coal

07 February 2024 - The European Commission published an impact assessment on possible pathways toward making the European Union climate neutral by 2050

EU ETS 2 likely bigger tighter market current EU ETS

EU ETS 2 will likely be bigger and tighter market than current EU ETS

18 December 2023 - EU ETS 2 is being prepared for road transport buildings and small industrial units. Experts from Vertis Environmental Finance laid out the implications.

Carbon border Western Balkans barrier bridge EU

Carbon border and Western Balkans – barrier or bridge to EU?

11 December 2023 - The EU will start charging a carbon tax to importers in 2026 similar to the one for domestic companies and their emissions

climate change dialogue serbia cop28 un undp

Countdown to COP28: temperature growth in Serbia is 60% above global average

27 November 2023 - In anticipation of the most important world meeting on climate change, Serbia has organized an event called Dialogue on Climate Change

Germany plan subsidies industry electricity prices

Germany plans power tax cut, more subsidies to prop up industry amid rising prices

13 November 2023 - The set of relief measures, which will mainly help power-intensive producers, is estimated to be worth EUR 12 billion in 2024 alone

EU-Growth-Plan-Western-Balkans-EUR-6-billion-conditional-reforms

EU’s Growth Plan for Western Balkans of EUR 6 billion is conditional on reforms

09 November 2023 - Similar to funding from the EU's RRF for member states, the Western Balkans can obtain EUR 6 billion from the new Growth Plan by fulfilling reforms

Emissions from energy and industry decreased by 37% due to EU ETS

Energy, industry emissions 37% lower than when EU ETS was launched

03 November 2023 - The European Commission has adopted a Carbon Market Report, which includes an analysis of the functioning of the European Union Emissions Trading System (EU ETS)

Carbon tax, CO2 tax, environmental and social responsibility business concept. Taxation for nature pollution. Supporting to limit climate change and globle warming problem. Controlling carbon emission

Introducing carbon pricing and EU CBAM mechanism application in the Energy Community

18 September 2023 - There can be no successful decarbonization if the EU doesn't institutionalize continuous financial support until the EnC abandons coal

cbam uslovi prekogranicna taksa na co2 emisije trgovina

Energy Community tracker: Western Balkans’ progress towards CBAM exemption

07 July 2023 - The report assesses the steps made by the Western Balkans contracting parties in fulfilling six conditions for CBAM exemption

Dedovic-Djedovic-carbon-pricing-emissions-trading-system

Introducing emissions trading requires EU’s financial support

30 June 2023 - To take a position on carbon pricing, Serbia and other Western Balkan countries need financial support, primarily from the EU, says Minister Đedović

devnya-cement-carbon-free-capture

Bulgaria’s Devnya set to become first carbon-free cement maker in Eastern Europe

22 June 2023 - The project, valued at EUR 750 million, has already received EUR 190 million in financing from the EU Innovation Fund

EU modernization fund Bulgaria Croatia Romania

EU pays out EUR 1.4 billion to Bulgaria, Croatia, Romania for green transition

09 June 2023 - The European Union's Modernization Fund has paid out EUR 2.4 billion for the seven member states, which is the joint largest disbursement

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