Serbia spends most of green bond proceeds in transport, water, wastewater sectors
Serbia has allocated all the funds from its first green bond issue, according to the final report. The transport sector accounted for 36.7%.
EU grants EUR 480 million to carbon transportation, storage projects
The EU aims to store at least 400 million tons of CO2 per year by mid-century, but not everything would be put away underground permanently
Albania obtains financing for EUR 110 million Green Transport Tirana project
The Ministry of Finance and Economy signed financing agreements for Green Transport Tirana with the Municipality of Tirana and KfW
Belgium-based ABEE to invest EUR 1.1 billion in battery production in Bulgaria
ABEE launched a EUR 1.1 billion project for a battery plant, recycling facility and an R&D center in Bulgaria
ECF annual report 2022: Climate action for green, democratic, peaceful Europe
Emissions are still climbing and national plans aren't sufficient to contain global warming, CEO of ECF Laurence Tubiana said in its annual report
Greece, Romania ask EU to modify their recovery, resilience spending plans
Greece wants EUR 5 billion more in loans from the Recovery and Resilience Facility while Romania is looking to delay its projects
Paris prohibits e-scooter rentals after local referendum
Renters are removing their e-scooters from Paris streets ahead of the September 1 deadline as safety and mobility issues led to a ban
EU shifting focus from crisis response to net zero agenda
The EU suggested it would ask UN member states to double energy efficiency improvements and triple renewable energy deployment by 2030