At least 1,000 projects are ‘shovel-ready’ for EU green recovery
EY identified more than 2,000 green development projects in the EU which could be funded from the central budget and it also highlighted one thousand that are already prepared for implementation. Romania, Greece, Cyprus and Croatia are in the lead in Southeastern Europe in different categories in green recovery investments. While the European Union is […]
Greece wants to use EU recovery funds for green power infrastructure
The government in Athens is preparing the national plan for funds from the Next Generation EU investment package, which the European Commission launched as a response to the damage from COVID-19. The local media learned Greece may lean on manufacturing cables, pylons and other elements for green energy facilities together with power links and other […]
Hvar energy transition strategy seeks to make Croatian island energy self-sufficient
The Croatian island of Hvar has unveiled its long-term energy transition strategy, aiming to become energy self-sufficient by 2035. The first pillar of the Hvar energy transition involves several objectives, including the construction of planned solar power plants, the installation of photovoltaic (PV) systems on public and corporate buildings, as well as on private facilities, […]
EU mulls higher 2030 targets to ensure achieving climate neutrality by 2050
The European Commission has launched a process to assess setting more ambitious 2030 targets on renewable energy and stepping up energy efficiency action, with the aim of ensuring the EU delivers on its pledge to become climate neutral by 2050. The process is beginning with a review of the Renewable Energy Directive (2018/2001/EU) and the […]
EU preparing CO2 tax for products from other countries
The European Commission launched public consultations on taxation rules that would help its climate agenda. It expressed the intention to revise the internal Energy Tax Directive and to introduce a carbon border adjustment mechanism in line with the European Green Deal. The latter, effectively a CO2 tax, could be applied for imported and domestic goods […]
EU cuts Just Transition Fund to EUR 10 billion in COVID-19 recovery deal
The European Council reached an agreement on the seven-year budget through 2027 including a mechanism for the recovery from the effects of the coronavirus pandemic worth EUR 750 billion. The EU heads of state and government gave the green light for EUR 10 billion for the Just Transition Fund from the COVID-19 war chest, slashing […]
Eighty Croatian organizations demand green recovery from newly elected lawmakers
Renewable energy sources and investments in knowledge, innovations and people and domestic resources must be the foundation of the Croatian green recovery from the health and economic crisis, according to an initiative that 80 organizations and companies and 550 scientists sent to the country’s authorities. No less than eighty civil society organizations, energy and regional […]
EU launches first call for proposals under Innovation Fund for clean technologies
The European Commission has launched the first call for proposals under the EUR 10 billion Innovation Fund, which will finance breakthrough technologies for renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage. The fund is expected to help boost the EU economy’s green recovery following the COVID-19 crisis. The first call will […]