Tag Archives: climate change

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EU opens energy, environment cluster in accession talks with Albania

Albania officially started negotiations with the European Union on the so-called cluster 4, encompassing the green agenda and sustainable connectivity. It is joining Montenegro and Serbia, which haven’t yet closed any of the four chapters in the group: transport policy, energy, trans-European networks, and environment and climate change. The Council of the EU held an accession […]

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Water shortages in Southeastern Europe point to desalination as strategic approach

Former Minister of Environment and Water of Bulgaria Borislav Sandov is urging the country’s authorities to deploy alternative water supply solutions, including desalination, to counter shortages. Greece is preparing a radical change in its water management model. Turkey got its first floating seawater purification platform, running on solar and wind power. Southeastern Europe is among […]

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Slovenia sells Europe’s first sustainability bond, worth EUR 1 billion

Slovenia accessed the international markets with its inaugural sustainability-linked bond, oversubscribed by more than 6.5 times. The interest payable can grow or drop by 50 basis points depending on the country’s progress in cutting greenhouse gas emissions. It is the first-ever sustainability-linked bond issue from a European sovereign, the Ministry of Finance pointed out. Bankers […]

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EU outlines measures for 90% emissions cut by 2040

The European Commission proposed an amendment to the European Climate Law, setting a 2040 target of a 90% reduction in net greenhouse gas emissions from the 1990 level. The outlined measures would give certainty to investors, promote innovation and business competitiveness and increase energy security, according to the European Union’s executive body. The EU is […]

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Future Green Business conference highlights role of Croatian companies, EU-Africa partnership in climate action

The International Institute for Climate Action (IICA) held its third international Future Green Initiative conference on climate change. The event in Zagreb was dedicated to the role of the business and financial sectors in mitigating climate change. President of IICE Marija Pujo Tadić said Europe wants other states and the main global players to join […]

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US wants Central Europe to join ‘team energy freedom’, ditch EU’s energy transition goals

United States Secretary of Energy Chris Wright invited Central European countries to abandon the official European Union’s energy and climate policy and join his country on “team energy freedom.” US Energy Secretary Chris Wright has delivered a keynote speech at the inaugural session of the Three Seas Business Forum, held in Warsaw, Poland. “This is […]