European Green Deal

ursula-von-der-leyen-plan-western-balkans

EU expects Western Balkan countries to offer quality projects for financing under EUR 9 billion plan

30 September 2021 - The EU hopes the overall package that goes into Green Deal projects, digitalization, and resilience in the Western Balkans could reach nearly EUR 30 billion.

timmermans-energy-price-green-transition

Timmermans: energy price hikes should speed up green transition, not slow it down

17 September 2021 - Only about a fifth of the energy price increase can be attributed to the rising costs of CO2 emissions, while the rest is simply due to a market shortage, says the European Commission’s vice president in charge of climate issues.

Western Balkans railway modernization Future is on Tracks

Western Balkans commit to railway modernization: Future is on Tracks

13 September 2021 - The Western Balkans agreed to overhaul and expand railways and roll out intercity links as a major factor in environmentally sustainable mobility

green-energy-AoG-Greece-aluminum

Greece’s biggest power consumer AoG to switch entirely to green energy from 2030

23 July 2021 - Aluminum of Greece (AoG), the country’s biggest electricity consumer, plans to switch entirely to green energy from 2030, as it signs its last electricity supply deal with Public Power Corporation.

carbon border tax explanation western balkans

EU announces carbon border tax from 2026 – what lies ahead for exporters from Western Balkans, Turkey

16 July 2021 - CBAM will be paid from 2026 on cement, iron, steel, fertilizers, aluminium and electricity, but power producers have on option to be exempted until 2030.

fit for 55 package ursula von der leyen european commission

EU’s climate-neutrality bills unveiled – ban on diesel and petrol cars, carbon border tax on imports

15 July 2021 - The European Commission adopted a package of 12 draft laws in order to achieve net GHG emissions reductions by at least 55% by 2030.

European Parliament wants fossil fuel subsidies phased out by 2025

European Parliament wants fossil fuel subsidies phased out by 2025

13 July 2021 - Members of the European Parliament said that all environmentally harmful subsidies should be phased out by 2027.

Electolyzer-Shell-green-hydrogen

Shell launches Europe’s biggest PEM electrolyzer for green hydrogen

08 July 2021 - Shell has put in operation a 10 MW polymer electrolyte membrane (PEM) electrolyzer for the production of green hydrogen, the largest of its kind in Europe.

COVID-19 crisis is opportunity for GGF to promote sustainable growth interview Green for Growth Fund GGF Olaf Zymelka

COVID-19 crisis is opportunity for GGF to promote sustainable growth

17 June 2021 - GGF is encouraging and financing financial institutions which share its vision of building back better, Chairperson Olaf Zymelka said

EU revising state aid guidelines climate energy environment

EU is revising state aid guidelines for climate, energy, environment

10 June 2021 - The EU is revising state aid rules for the environment and energy. It proposed a competitive bidding system and covering up to 100% of funding gaps.

energy transition serbia kolubara b

Energy transition in Serbia kicks off – challenges in planning, implementation

03 June 2021 - Serbia’s decision to halt the construction of thermal power plant Kolubara B is the country’s first serious step in the energy transition.

Croatia adopts low-carbon strategy emissions to be reduced 80 percent by 2050

Croatia adopts low-carbon strategy: emissions to be reduced 80% by 2050

03 June 2021 - Climate neutrality is difficult to achieve by 2050 with currently available knowledge and technologies, according to the strategy.

Western-Balkans-energy-transition-Green-Deal-project

Think tanks supporting Western Balkans accelerate energy transition, reach Green Deal

27 May 2021 - A project implemented by Agora Energiewende will support regional governments in developing strategies and plans for coal phasing out, increasing the share of renewables, and identifying the financing sources. 

Romania EU close all coal mines 2032

Romania tells EU it would close all coal mines by 2032

26 May 2021 - Romania said it intends to stop the excavation of coal in 2032 at the latest and replace conventional power plants in the meantime

EU-Parliament-Just-Transition-Fund-for-fossil-fuel-phaseout

EU member states to receive EUR 17.5 billion in grants for fossil fuel phaseout

20 May 2021 - Workers in the coal industry and regions that depend on it in the EU will be able to tap on the EUR 17.5 billion Just Transition Fund

Repcons 2.0 Barometer of Sustainable Energy Transition

Experts from BiH, Montenegro, Serbia start work on Barometer of Sustainable Energy Transition

18 May 2021 - Experts from Bosnia and Herzegovina, Montenegro, and Serbia have started developing a Barometer of Sustainable Energy Transition, as part of the REPCONS 2.0 project.

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