Global warming limit of 1.5 degrees Celsius could be breached within five years – WMO
The United Kingdom’s Met Office leads the Global Annual to Decadal Climate Update, which is published every year for the next five years. The World Meteorological Organization (WMO) warned of the challenge to achieve goals from the Paris Agreement as there is a 20% chance the global warming limit of 1.5 degrees Celsius, set for […]
About the GIZ Open Regional Fund for South-East Europe – Energy Efficiency (ORF-EE)
Regional project: Open Regional Fund for South-East Europe – Energy Efficiency (ORF-EE) Commissioned by: German Federal Ministry for Economic Cooperation and Development (BMZ) Implemented by: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Partner Countries: Albania, Bosnia and Herzegovina, Montenegro, Kosovo*, Macedonia (FYR), Serbia *Croatia (as model country) Area of work: Energy Efficiency and Climate, Sustainable […]
Goldman Sachs sees renewables investment beating oil & gas for first time ever in 2021
Renewable energy investment in 2021 is expected to surpass oil and gas for the first time in history, according to a report recently published by the US-based investment bank and financial services company Goldman Sachs. Next year, renewable energy will become the largest area of spending in the energy industry, accounting for about 25% of […]
Bulgaria, Croatia, Romania, Slovenia plan to burn coal beyond 2030 – report on final NECPs
A new report published by Climate Action Network (CAN) Europe and ZERO looks into the final national energy and climate plans (NECPs) of 15 member states including countries in Southeastern Europe – Croatia, Greece, Romania, and Slovenia. In their initial drafts, a number of countries had already put forward much needed coal phaseout goals in […]
Introduction of emissions trading is request of our time and no matter of choice
With the adoption of the climate change law and the introduction of an emissions trading system, Montenegro solidified its position as the region’s leader in energy transition. It seems the political elite and experts have no doubts on which way to go, which is best seen in the words of Ešef Husić, Director General of […]
Where are we five years after the Paris Agreement?
Five years after the Paris Agreement, the gap between promises and implementation is huge. Achieving the goals from the accord will require a deep reduction in global greenhouse gas (GHG) emissions, ideally by 40% to 50% by 2030. These are the results of a study called Taking stock of national climate policies to evaluate the implementation […]
Apply for 2020 Transformative Action Award, win EUR 10,000
Cities, regions and civil society organizations located in an EU member state, EEA country or EU candidate or accession country that has endorsed the Basque Declaration are invited to apply for the 2020 Transformative Action Award. “As a result of COVID-19, we face extremely challenging situations in Europe and beyond. As the pandemic unfolds, local […]
Environmental risks are biggest threat to world economy
Author: Danko Kalkan, Green Finance and Environmental Management Expert Climate change, intensive resource use and other environmental risks are the greatest threat to the global economy. The expansion of epidemics is also the consequence of jeopardizing the environment. The decisions that will be made this year will have a crucial role in the establishment of […]