European Green Deal

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.

European Investment Bank finance solar power Croatia

European Investment Bank to finance solar power projects in Croatia

14 May 2021 - The European Investment Bank will expand its activities in Croatia to include solar power plants, country head Anton Kovačev said

Port of Constanta greening international Pioneers

Port of Constanța greening its operations in international Pioneers project

11 May 2021 - Port of Constanța is part of a project called Pioneers, aiming to optimize operations and roll out renewable energy and mobility solutions

EU 2030 renewables share target at least 38

EU preparing to lift 2030 renewables share target to at least 38%

06 May 2021 - The draft changes to the Renewable Energy Directive envisage an upgrade for the 2030 share of renewables in the energy mix to between 38% and 40%

greece-romania-climate

Greece, Romania most active in Southeast Europe in tackling climate challenge

04 May 2021 - Greece and Romania are the most active among EU member states in Southeast Europe on climate change issues, while Bulgaria is trying to catch up.

Doing-business-in-a-sustainable-way

EU businesses to be required to use “common language” for green investments

27 April 2021 - The EU is introducing a taxonomy that companies and investors will be required to use when talking about investments in green projects.

european climate law deal climate neutrality 2050 emissions target

EU agrees on European Climate Law, makes 2050 net zero emissions target legally binding

21 April 2021 - Reducing net greenhouse gas emissions by at least 55% by 2030 compared to the 1990 levels will be also legally binding target.

European-Parliament-cross-border-CO2-tax

European Parliament calls for introduction of cross-border CO2 tax

12 March 2021 - The European Parliament supported plans for the introduction of a CO2 tax on certain foreign products to prevent carbon leakage

carbon border tax timmermans

Carbon border tax needed to ensure “survival” of EU’s industry

20 January 2021 - The EU will introduce it on non-EU countries unless they commit to lowering their emissions, according to Frans Timmermans.

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