Serbia and North Macedonia are raising coal power generation in response to the energy crisis that has seen electricity prices soar.
In a resolution on the EU’s strategy for cutting methane emissions, MEPs voted 563 to 122 in favour of introducing binding measures and targets on methane abatement, in order to significantly reduce emissions by 2030, in line with Paris goals.
G7 countries have the potential to reach net zero in the power generation sector by 2035 and spur decarbonisation in other economies and sectors.
The energy transition provides a great opportunity for the metals industry. Investment in clean energy technologies will boost metals demand. However, while the sector will play a crucial role, it will need to address its own emissions.
Sibur will establish a Low Carbon Emitting Technologies pact with leading international chemical companies and the World Economic Forum to help coordinate climate change responses.
While the current gas crisis in the EU sees record-high wholesale gas prices, hurting consumers and causing the latest round of a supply disputes with Russia, the race to net zero by 2050 could have deeper long-term consequences for EU gas demand.
Lender BCR joins a growing number of corporate issuers of green bonds in Romania.
Russian President Vladimir Putin set the goal of carbon neutrality by 2060 during comments in his speech at the plenary session of Russia’s Energy Week on October 13.
Governments need to smash the stubborn dominance of fossil fuels if the world is to reach net zero by 2050, despite the rapid development of green technologies, the IEA warns.
Sofia is under pressure to draw up a timeline to shut down its coal plants before the European Commission approves its recovery plan.
SEB’s latest Green Bonds Report has placed a price of $4 trillion per year on the energy transition if the world is to reach net zero by 2050.
China’s promise to abandon financing coal projects overseas could affect a total of 44 coal plants across Asia and Africa with a combined 42,220 MW of capacity.
Water surged inside homes, hospitals and other buildings, and flooded the vaults of the modern art museum. Extreme weather events in Slovenia are expected to increase as global temperatures rise.
Global hydro capacity needs to double by 2050 if water-based power is to make a meaningful contribution in the race to net zero, IRENA director-general Francesco La Camera has warned
The EU’s Green Deal and Carbon Border Adjustment Mechanism will hit the EU’s trading partners in Africa and non-EU Eastern Europe particularly hard.
Defining a green investment is crucial to boosting the expansion of renewable energy and preventing the mis-selling of investments by so-called greenwashing, whereby the environmental impact of a product is misrepresented.
The Russian government intends to develop a system of support measures, including fiscal ones, to facilitate the introduction of green technologies and emission reductions for businesses, announces First Deputy Prime Minister Andrey Belousov.
Ministry says Podgorica to scrap reconstruction of power plant at centre of conflict with Energy Community.
With Afghanistan on brink of humanitarian and economic hell, it might be that only access to capital frozen abroad can stop the country becoming an incurable narco-state that is a hive of terrorism.
First green Eurobond from the Western Balkans to finance environmental protection and climate change mitigation projects as Serbia pursues green transition.